Read more about Section 13 and annual rent review rules
The Act impacts all Assured Shorthold Tenancies (ASTs), including both new and existing tenancies, but excludes company lets and rents over £100k/year. When you work with us, you benefit from experienced, expert guidance—we’ll help you navigate what these changes mean in practice.
What’s changed with reviewing rents mid tenancy?
A core change to the rental process is that landlords and tenants will no longer agree mid-term rent increases when a tenancy starts and any pre-agreed future rent increases will not be valid.
However, you will be able to propose an annual rent increase using a Section 13 notice.
Key considerations
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Rent can only be reviewed once in any 12 month period and any proposal must be in line with market rent, i.e., fair and realistic given local marketing conditions.
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We will manage the process for landlords and a Section 13 notice must be served in a timely manner giving a minimum of two months’ notice of the increase.
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If your tenant accepts the proposal they will start paying from the next rent due date following the expiry of the Section 13 notice.
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If a tenant believes the rent increase is above the market rate they can dispute it by applying to the First Tier Tribunal. However, they must do this before the start date of the proposed new rent.
We’re Here to Help
You’re not expected to navigate these changes on your own. When you instruct us to let your property, we’ll provide guidance to help you understand the new legislation, answer any questions, and help you make the right decisions for you. Whether you’re planning ahead or wanting to review the situation of your current tenancy we’re always happy to talk things through.