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Rent increase - fuck fuckity fuck!!!

575 replies

BlondeWaves · 14/11/2022 11:14

Moved into my house 2.5 months ago and now having to move as had a letter from the landlord to say rent is going up by 150 a month. I KNOW I am being unreasonable but I am sat here sobbing because I've just settled here with my young child and the thought of having to go through all that upheaval again is so stressful. I can't afford the extra 150, I'm already stretched with the way everything has increased. This could happen again and again and I just hate our government and the way things are at the moment. I have no resentment towards my landlord as I know his mortgage has realistically gone up by more than 150 a month, but fuck, I'm so stressed. Don't even know what I want from this thread, maybe a handhold, maybe to be told I need to suck it up (weirdly I respond well to tough love) but I need something. Anyone there? 😭

OP posts:
ToInfinityAgain · 14/11/2022 11:15

Are you not on an assured short hold tenancy? If you are the rent should not be subject to change during the agreed period.

Lastqueenofscotland2 · 14/11/2022 11:16

Are you on a fixed term? They can’t just change the rent if so

MXVIT · 14/11/2022 11:16

Have you spoken to the landlord at all? Making it clear that realistically you cannot afford that increase but you can afford XX

A £150 increase in his mortgage really shouldn't mean you shoulder all the burden any landlord who does this you're well shot of them

What is this in terms of % increase?

SleeplessInEngland · 14/11/2022 11:16

No advice but you have my sympathies. The last decade was meant to be the economically tough one but now this decade will be even worse.

BlondeWaves · 14/11/2022 11:17

I'm not, it's a monthly contract stupidly and I didn't even think about this when I moved as rentals are so sparse I just had to snap up something suitable when it came around. Took me about 6 months of viewings and being declined for someone to choose me.

OP posts:
safetyfreak · 14/11/2022 11:18

Thats horrible from the landlord, a £150 increase after only 2.5 months living there is a con.

BlondeWaves · 14/11/2022 11:19

It's an 18% increase so from 850 to 1000

OP posts:
PaterPower · 14/11/2022 11:21

The problem you’ll face, unfortunately, is getting another landlord (or, particularly, an agency) to accept you as a tenant.

DP and I have managed to get DSS1 and his GF into a rental, but it was bloody hard work persuading the landlady that they would be able to afford it, the bills etc. AND we’ve had to be guarantors for them.

Prior to finding her, they were being turned down after viewings on the basis that the agencies thought they were too risky. And the number of people viewing each house… it’s gone absolutely batshit.

Is there no room for negotiation with your LL? Surely they’d prefer a settled tenant than have to risk the market for new tenants who might be less reliable?

Ilovemycatalot · 14/11/2022 11:22

Are you on the list for council housing?

BlondeWaves · 14/11/2022 11:22

PaterPower · 14/11/2022 11:21

The problem you’ll face, unfortunately, is getting another landlord (or, particularly, an agency) to accept you as a tenant.

DP and I have managed to get DSS1 and his GF into a rental, but it was bloody hard work persuading the landlady that they would be able to afford it, the bills etc. AND we’ve had to be guarantors for them.

Prior to finding her, they were being turned down after viewings on the basis that the agencies thought they were too risky. And the number of people viewing each house… it’s gone absolutely batshit.

Is there no room for negotiation with your LL? Surely they’d prefer a settled tenant than have to risk the market for new tenants who might be less reliable?

And sadly my landlord probably knows this.

OP posts:
Iamboredandgoingforatwix · 14/11/2022 11:23

You need to speak with the landlord and tell them you can't afford it, but offer what you can afford. It would cost them money to get someone else in and go through the process again. They might be happy to compromise.

Not sure I agree with rents going up due to mortgages increasing. It is landlords that take on the risk, not the tenants and this should already be priced in. They should be able to afford being a landlord.

The last 15 years have been an utter shitshow for the housing market. Our governments need to do better. This is globally, not just UK.

ThreeFeetTall · 14/11/2022 11:23

Where do you live (ie England or Scotland etc)

Ragruggers · 14/11/2022 11:24

If there is nothing suitable to rent then you will have to make an appt.with a housing officer. Monthly rental sounds like an Airbnb so you have no rights.Did you pay a deposit?In many areas emergency housing is a hostel type orTravel lodge .Is the house furnished? You need to also contact Shelter.Good luck.

BlondeWaves · 14/11/2022 11:24

Ilovemycatalot · 14/11/2022 11:22

Are you on the list for council housing?

I am but because I'm in rented accommodation and have a garden (a slab of concrete basically) I'm standard band, which means there's up to a 15 year wait...

OP posts:
Haventhadaneggsinceeaster · 14/11/2022 11:24

Why is everyone saying the landlord is horrible? How do you know how much their mortgage has gone up by? Ours has just increased by £500 a month so upping a rent by £150 a month would be very reasonable

ToInfinityAgain · 14/11/2022 11:25

I feel for you then, it’s tough.

I rent out a flat in London, it’s quite expensive (compared to the UK average) at £3,500 per month, but will move from giving me a gross yield of just under 2% to losing me £30,000 after the mortgage comes out of its fix.

BlondeWaves · 14/11/2022 11:27

ToInfinityAgain · 14/11/2022 11:25

I feel for you then, it’s tough.

I rent out a flat in London, it’s quite expensive (compared to the UK average) at £3,500 per month, but will move from giving me a gross yield of just under 2% to losing me £30,000 after the mortgage comes out of its fix.

Thing is what are landlords meant to do? In some cases their mortgages are going up by hundreds and they also have families to feed. My landlord is really lovely and the rent is reasonable, and the other houses on my street do go for a lot more, but I just didn't think it would go up by so much so shortly after I moved in. Maybe I'm just an idiot for not getting a fixed tenancy but nobody will rent to me as I'm a single mum. I hate this.

OP posts:
Iamboredandgoingforatwix · 14/11/2022 11:29

I do wonder how Jeremy Hunt with his dead eyed baffled smirk (and whoever the minister for housing happens to be this week) is going to deal with this problem in the coming months. With house prices falling and mortgages are increasing and tenants facing spiralling costs this sort of issue is only going to be more commonplace. Expect we will get some culture war shit as a distraction and no action whatsoever.

Sorry for being political OP and I wish you luck. I just can't see how this government didn't see this issue coming.

ToInfinityAgain · 14/11/2022 11:30

Yes, it’s pretty tough.

I think that I’m going to need to sell; I’m renting it out as we hoped to move into it again in the future, and it was better to rent it out than to keep it empty, but at a cost of £30,000 per year it doesn’t make sense.

BlondeWaves · 14/11/2022 11:30

Iamboredandgoingforatwix · 14/11/2022 11:29

I do wonder how Jeremy Hunt with his dead eyed baffled smirk (and whoever the minister for housing happens to be this week) is going to deal with this problem in the coming months. With house prices falling and mortgages are increasing and tenants facing spiralling costs this sort of issue is only going to be more commonplace. Expect we will get some culture war shit as a distraction and no action whatsoever.

Sorry for being political OP and I wish you luck. I just can't see how this government didn't see this issue coming.

No it's absolutely fine, I don't mind political. I blame the government 100%!

OP posts:
Sugargliderwombat · 14/11/2022 11:32

Your landlord is a scumbag. It's only been 2 months ! I bet he struggled to get that amount so did it lower and is now upping it.

yellowstickerbargain · 14/11/2022 11:33

Haventhadaneggsinceeaster · 14/11/2022 11:24

Why is everyone saying the landlord is horrible? How do you know how much their mortgage has gone up by? Ours has just increased by £500 a month so upping a rent by £150 a month would be very reasonable

Exactly this.

It's shit for everyone at the moment, mortgages and rent are going up for everyone. Unfortunately rent usually covers a mortgage so they are going to rise. The landlord will probably have his own home mortgage rise and his rental properties. Landlords aren't a charity, they have to cover their costs.
The problem is that the government rely on private landlords because they've not sorted the social housing problem

IntrovertedPenguin · 14/11/2022 11:34

I would tell him you can't afford it and offer a counter offer. He may accept it's worth a try.

FawnFrenchieMum · 14/11/2022 11:34

I would contact Shelter and check the legalities of this, I could be wrong but thought all new tenancies were subject to a minimum of six months before then moving to a rolling monthly contract.

Sugargliderwombat · 14/11/2022 11:35

Haventhadaneggsinceeaster · 14/11/2022 11:24

Why is everyone saying the landlord is horrible? How do you know how much their mortgage has gone up by? Ours has just increased by £500 a month so upping a rent by £150 a month would be very reasonable

He hasn't given her a tenancy agreement. He knew it was going to change! Why not sort your mortgage out before renting it out to some mum who now has to move again?

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