Hello
So I have just signed a assures 6 month short hold tenancy agreement which then rolls on each month. Everyone discussing rent increases gets me worried.
So currently I pay £1100 a month for a 3 bed house. Which is roughly the average here. My tenancy states the usual
If this tenancy is extended, continued or run on as a periodic tenancy then the rent will increase each year from the first rent due date more than 365 days after the commencement of the term, by the amount stated in the annual increase in the index of retail prices (all items) as quoted in the month two months prior to the month of the renewal (with a minimum of 3% and a maximum of 8%). The rent will not be reduced by the figure stated in point 6 of the agreement for an Assured Shorthold Tenancy
Does this mean it has to go up once a year every year or do they still check with the landlord whether he would like to increase it. LHA is only £720 in the area so it's way above already. As a single parent I would like to think the landlord would be reasonable. I have had to pay the first 6 months in full upfront and sent my earnings I just don't want them ti think I can afford a huge increase each year when part of my income expenditure was my sons disabled child element on UC