Landlord wants to put the rent up by 17.5%!!!! We have not had a rent increase for 2 years. Landlord says they have checked local housing rents and its an average and fair amount to ask, I've checked and in my opinion its on the higher side of average - yes there are similar properties that are ÂŁ1000 pcm which is what he is asking, but there are also other similar ones that are the same as what we are paying now (ÂŁ850). But its a massive ÂŁ150 a month which we absolutely cannot afford, I've done my workings out and we would struggle to meet halfway at even ÂŁ75 increase, it would literally be hand to mouth.
We are good tenants, have always paid on time, never hassle him for repairs as often do ourselves etc, and landlord seems happy enough with us.
Not long ago he did essential repairs and improvements to the property which is clearly why he is increasing rent.
Have not approached him to negotiate yet but I intend to - I just think 17.5% is just too much and the only thing I think I can say to negotiate is that the increase is too much of a jump.
Am I being unreasonable to think its a rather large increase?
Oh and also, does this mean we will have to top up our deposit to match rent? (I had this problem many years ago when I was a student,but we all moved out in the end). Thanks
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AIBU?
is 17.5% rent increase too much??
22 replies
airborne · 15/04/2011 16:33
OP posts:
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