Editing rental figures to reflect a rent increase

chris horne

Member
Staff member
#1
I recently received this question:

Can you tell me how I edit the rental figure to reflect a rent increase? I can only seem to edit each one individually but want the system to generate the new rental figure.
 

chris horne

Member
Staff member
#2
Firstly, you need to be aware of the legal side of raising the rent.
The easiest thing to reflect this change in rent is to create a new tenancy in the landlord software. This way each of the new rent requests will reflect the increased rent all other aspects of the tenancy will stay the same.

Regards

Chris
 

Jeffrey Shaw

Member
Staff member
#3
Re the 'raising the rent' item link: what it says is out-of-date in one respect.
It includes this bit:
They can do this by going through the motions of issuing a section 21 notice for possession even at the start of the tenancy to ensure that a landlord can bring the tenancy to an end.
BUT that cannot now be done. The law has been changed.