Hello, we are loking for some advice raising the rent on our 3 be Flat.
We need to raise our rent to cover our mortgage hike (just about to fall off the end of our initial 2 yr fixed deal!), we have never raised our rent before and so don't know what an acceptable percentage rise would be.
We need to raise the rent by circa 8% pcm to cover our out goings (raising the monthly rent by £130 on a 3 bed flat in London) does this sound acceptable? If anyone could give us a steer on this we would appreciate it.