Hi there
On behalf of friends I'd be very glad of any advice anyone could offer. The friend's landlord (via an agency) has just delivered the news that they are increasing the rent on their house by 45% with renewal of the contract. The rent has been at the low end of normal up until now, but they've been good tenants for more than 5 years with an excellent relationship with landlord thus far.
Obviously a 45% increase in rent is a) unaffordable and b)unnecessary (the landlords/agencies costs haven't increased, they're just trying to wring more profit out of the property).
Can anyone tell me what rights my friends have to contest the rent rise?
Many thanks in advance!