URGENT advice please re PRIVATE TENANT rights?
I am a private tenant (my cousins friend). We agreed that I would have a 3 year contract in which I would have first rights to buy the house and if I did not want it buy by then, they would want to sell. We agreed a rent of £500 per month, in which the rent would be REVIEWED TWICE yearly at 6 monthly intervals.
After the first 6 months, she said she wanted to put the rent up to £550 as intrest rates has rose, which we said fine, that was May 07 (we moved in Nov 06). She asked us 2 weeks ago if we knew if we were in a position to buy yet. She knows I am expecting a baby In Dec 07 and that I will starting maternity leave soon. So I said no, not till after maternity would we look into it, as I am going to be on less income, which should make no difference as at the end of the day, we have a 3 year contract. I have received a txt from her today saying she wants to increase the rent, again, as interest up to £600. Firstly, the next review wouldnt be up till Nov so that is against the . .
Answers:
shes full of it.. she wants out of it thats why she keeps saying do u want to buy it yet/? if u have a contract then shes breaking it. u need to find another place to live. other wise shes going to keep doing this
I don't think she can put the rent up so much in such a short space of time- particularly as the 6 month period has not yet passed since the first, check with the CAB as to the Landlord and Tenant Act. Alternatively you should contact your local council and ask for the Fair Rent Officer who will decide what is a fair rent.
I am not sure of exact rights but surely if you bought it the mortgage would be less than the rent you are paying, check with CAB
Well If It is a Legally Binding Contract (Oral or Otherwise) Then The Rent Cannot be altered until the full 6 Months at all unless you agree to it (Though I would Check that)
The Only way to know for sure is Contact a Solicitor and just ask them about your rights.
Depends on the size of her mortgage - but absolutely yes that amount (£50) can be the result of a half point interest rise on not a particularly huge mortgage - and we have had that in both the last six month periods... the only thing I guess you can hold out for is not to have the second rise imposed until November. I don't think you're going to have a lot of joy consulting a rent tribunal because for a full house, a rental of £600 a month is actually VERY low. And £600 per month does not represent a very substantial mortgage - I'm guessing that she won;t have much mire than £100k buying power on that amount per month. Unless it is in a tiny house or in a very deprived area, £600 for a full house is in 'doing someone a BIG favour' territory. However, with interest rates due up again a couple of times before they peak, you will be looking at another rise in May 08, with very little doubt. Suggest you look at you alternatives and look at the rents for equivalent accommodation, and only then will you be able to assess who is doing who any favours here - and if you decide she's taking the mick, give her a months notice and move to one of the places you've seen that's cheaper.
A contract that is current can only be changed if both parties are in agreement.
A contract can only be renewed if both parties are in agreement. She can choose to not renew the contract when it ends just as you can.
As long as the rent amount is defined in the contract she can't change it (unless there are specific clauses regarding the increase of rent) unless you agree to the change.
I would take your contract to a solicitors or at the very least the citizens advice bureau (they don't cost anything).
£600 is a cheap price to rent a house for where I come from. It may be the case that she is looking at other properties available and seeing that she is not charging you as much.
Have you got an Assured Tenancy Agreement, a lease, or any form of written contract?
If you have then the owner must abide by it. If you haven't then you should have.
Since November 2006 the owners interest payments have risen by at least £1000 for every £100k borrowed (assuming it's not a fixed rate mortgage) so it's not unreasonable to increase the rent by £900 pa.
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After the first 6 months, she said she wanted to put the rent up to £550 as intrest rates has rose, which we said fine, that was May 07 (we moved in Nov 06). She asked us 2 weeks ago if we knew if we were in a position to buy yet. She knows I am expecting a baby In Dec 07 and that I will starting maternity leave soon. So I said no, not till after maternity would we look into it, as I am going to be on less income, which should make no difference as at the end of the day, we have a 3 year contract. I have received a txt from her today saying she wants to increase the rent, again, as interest up to £600. Firstly, the next review wouldnt be up till Nov so that is against the . .
Answers:
shes full of it.. she wants out of it thats why she keeps saying do u want to buy it yet/? if u have a contract then shes breaking it. u need to find another place to live. other wise shes going to keep doing this
I don't think she can put the rent up so much in such a short space of time- particularly as the 6 month period has not yet passed since the first, check with the CAB as to the Landlord and Tenant Act. Alternatively you should contact your local council and ask for the Fair Rent Officer who will decide what is a fair rent.
I am not sure of exact rights but surely if you bought it the mortgage would be less than the rent you are paying, check with CAB
Well If It is a Legally Binding Contract (Oral or Otherwise) Then The Rent Cannot be altered until the full 6 Months at all unless you agree to it (Though I would Check that)
The Only way to know for sure is Contact a Solicitor and just ask them about your rights.
Depends on the size of her mortgage - but absolutely yes that amount (£50) can be the result of a half point interest rise on not a particularly huge mortgage - and we have had that in both the last six month periods... the only thing I guess you can hold out for is not to have the second rise imposed until November. I don't think you're going to have a lot of joy consulting a rent tribunal because for a full house, a rental of £600 a month is actually VERY low. And £600 per month does not represent a very substantial mortgage - I'm guessing that she won;t have much mire than £100k buying power on that amount per month. Unless it is in a tiny house or in a very deprived area, £600 for a full house is in 'doing someone a BIG favour' territory. However, with interest rates due up again a couple of times before they peak, you will be looking at another rise in May 08, with very little doubt. Suggest you look at you alternatives and look at the rents for equivalent accommodation, and only then will you be able to assess who is doing who any favours here - and if you decide she's taking the mick, give her a months notice and move to one of the places you've seen that's cheaper.
A contract that is current can only be changed if both parties are in agreement.
A contract can only be renewed if both parties are in agreement. She can choose to not renew the contract when it ends just as you can.
As long as the rent amount is defined in the contract she can't change it (unless there are specific clauses regarding the increase of rent) unless you agree to the change.
I would take your contract to a solicitors or at the very least the citizens advice bureau (they don't cost anything).
£600 is a cheap price to rent a house for where I come from. It may be the case that she is looking at other properties available and seeing that she is not charging you as much.
Have you got an Assured Tenancy Agreement, a lease, or any form of written contract?
If you have then the owner must abide by it. If you haven't then you should have.
Since November 2006 the owners interest payments have risen by at least £1000 for every £100k borrowed (assuming it's not a fixed rate mortgage) so it's not unreasonable to increase the rent by £900 pa.
The Answers post by the user, for information only, FreeLawAnswer does not guarantee the right.
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