How to Deal With Rent Increases
For a lot of tenants out there, there is always a worry about the landlord increasing the rent. However, did you know that new rules were introduced on 4th December 2015 that may work in your benefit?
Can my landlord increase my rent?
If you started your tenancy in 2014 or 2015 then the rent cannot be reviewed until 24 months have passed.
However, if your tenancy began in 2013 or earlier and there has been no review since, then the landlord can seek a review by giving a minimum of 90 days written notice and then rent price cannot be reviewed again for another 24 months.
What must my landlord do to increase my rent?
From 9th May 2016 there are additional requirements. A landlord is seeking to review the rent:
- They must provide you with at least three comparable rents of similar properties in your area. These must have been advertised in the previous four weeks to your review
- The written review must also advise you that if you wish to wish to dispute the review on your rent you can refer a case to the Residential Tenancies Board (RTB)
How can I challenge my proposed new rent?
A person may wish to challenge the proposed rent review you must refer a dispute to the Residential Tenancies Board within 28 days. Meanwhile, you continue paying the current rent until the RTB issue a Determination Order.
You may decide not to challenge the increase and hand in the notice. It is important to note that you will be liable to pay the new rent from its commencement date. If you fail to do so the landlord may seek to make deductions from, or retain your deposit to cover the lost rent.
If you are unsure about your landlords proposed new rent and think that it is above market value you can try negotiating with him/her. Furthermore, if that fails and an agreement cannot be reached you can refer the matter to the Residential Tenancies Board