『The New Rules of Rent Increases: Navigating Section 13』のカバーアート

The New Rules of Rent Increases: Navigating Section 13

The New Rules of Rent Increases: Navigating Section 13

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今ならプレミアムプランが3カ月 月額99円

2026年5月12日まで。4か月目以降は月額1,500円で自動更新します。

概要

In this episode, Nick breaks down the significant changes to rent increases under the new Renters' Rights Act. With informal rent reviews and contract clauses now legally void, landlords have only one official path to raise rent: the updated Section 13 process. Nick explains the strict new timelines, including the mandatory 12-month waiting period and the extended two-month notice requirement. KEY TAKEAWAYS Hidden rent review clauses in contracts are now legally void, making the updated Section 13 notice (Form 4A) the only legal method for raising rent. Landlords cannot increase rent during the first year of a tenancy, and subsequent increases are limited to a maximum frequency of once every 12 months. The required notice period for a rent increase has been doubled from one month to at least two months. To prevent "economic evictions," rent increases cannot exceed the open market value for a similar property in the same area. Tenants can challenge perceived over-market increases at a First-Tier Tribunal. Failing to follow the correct procedures, using the wrong forms, or ignoring the rules can result in a fine of up to £7,000. BEST MOMENTS "The era of informal increases or hidden rent review clauses in contracts is over. As of the 1st of May this year, there is only one legal path to raising rent, and that's through Section 13." "You cannot increase the rent during the first year of tenancy... and you must give them at least two months' notice on the official form, which is form 4A." "The act prevents landlords from using arbitrary increases to force a tenant out. I think it's known as an economic eviction." "If a tenant appeals, the rent remains at the old rate until the tribunal makes a decision, and it is not backdated." "I always like to keep my rent slightly below the market rate cap. The reason being is, people will see that and they will go, 'hang on, he's not trying to rip us off for every single penny here.'’ HOST BIO Nick is an award winning property investor, voted Fastest Newcomer 2022 by Premier Property, and is an accredited Retrofit EPC Assessor. He sources and renovates properties for himself as well as other investors. While doing this he has developed his own systems for efficient investment, such as developing his own methods to save time when viewing properties and estimating market values and potential returns, costing out renovations. He spends three months of the year abroad and while there continues his business with use of modern technology and his proven systems. Location freedom has always been his "Why" for being a Property Investment and has now reached his ideal of the colder months spent in Thailand and the rest of the time in the UK, all while continuing to run his business This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
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