GillsMan
20-03-2009, 18:18 PM
Hi all,
We've got a tenant moving in soon, and we've reduced the rental asking price partly to attract more tenants and partly because our mortgage keeps being slashed. So, I'm almost certainly going to want to raise it in 12 months time (and to be fair, I'll be quite honest about this with T). So what's the best way to do this?
I'd rather write it into the contract that the rent may be increased subject to two months' notice. But is that even legal? Or should I write nothing in the contract and serve a Section Notice on them (is it S-13?).
Any advice gratefully received.
Ta,
GM
We've got a tenant moving in soon, and we've reduced the rental asking price partly to attract more tenants and partly because our mortgage keeps being slashed. So, I'm almost certainly going to want to raise it in 12 months time (and to be fair, I'll be quite honest about this with T). So what's the best way to do this?
I'd rather write it into the contract that the rent may be increased subject to two months' notice. But is that even legal? Or should I write nothing in the contract and serve a Section Notice on them (is it S-13?).
Any advice gratefully received.
Ta,
GM