Understanding the new approach
The Renters’ Rights Act introduces a more structured process for rent reviews. In most cases, rent can now only be increased once every 12 months and must be done using the correct formal route. This means serving a Section 13 notice with at least two months’ notice, ensuring the proposed rent reflects the current market. Getting this right from the outset is key to avoiding delays or disputes.
Setting the right level
One of the most important factors is ensuring your rent sits in line with comparable properties in your area. Overpricing can lead to challenges, while underpricing may impact your return. Looking at similar properties, current demand and condition will help you position your property correctly. A well-evidenced, realistic figure is far more likely to be accepted and avoids unnecessary back and forth.
Understanding the risks
If a tenant disagrees with a proposed increase, they have the option to refer it for review. This makes accuracy and evidence more important than ever. Clear records, comparable evidence and correct notice procedures will all support your position. Any errors in process or pricing can slow things down and create additional pressure on your investment.
Communication matters
How a rent review is presented can make a significant difference. Open, clear communication with your tenant helps manage expectations and can often prevent issues before they arise. Giving context around market conditions and timing can support a smoother outcome for both sides.
How we support you
At Richard Kendall, we manage rent reviews with a clear, compliant and evidence-led approach. From assessing market value to serving the correct notices and handling communication, our team ensures the process is handled professionally from start to finish. With legislation evolving, having the right support in place helps protect your position and keeps your portfolio running smoothly.
