Rent increase
- Thread starter Cherylj45
- Start date
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BannerPenguin
Well-Known Member
What percentage increase is that based on your current rent?
Almost 15%
BannerPenguin
Well-Known Member
Seems extreme to me.
Me too. I’ve asked for a reduction but I can’t see it tbh. Just waiting on his reply.
Do you mean the increase is £1000 per annum. A once only increase or the rent will go up £1000 every year
As a landlord myself, I can put the rent up to what I like but I have to be careful that I don't scare the Tennant away.
IMO it's wether you think it's worth it? Condition of building, location, lack of competition etc. You have the option to walk. A landlord would have to think hard if you made an offer as an empty shop brings in no rent and will cost him in rates. 5-10% increase is a more realistic figure. Give him the evil bitch stare and call his bluff
As a landlord myself, I can put the rent up to what I like but I have to be careful that I don't scare the Tennant away.
IMO it's wether you think it's worth it? Condition of building, location, lack of competition etc. You have the option to walk. A landlord would have to think hard if you made an offer as an empty shop brings in no rent and will cost him in rates. 5-10% increase is a more realistic figure. Give him the evil bitch stare and call his bluff
One off per annum. But I still think 15% increase over the 4 yrs is high. Although I’ve just found out that a local salon that’s council rent might be available at a fraction of the cost. Let’s see what unfolds. I’m definitely agreeing to the £1000 increase
