What is a Rent Increase Letter?
A Section 13 Rent Increase Letter is a formal notice that informs a tenant of an incoming increase in the rent which they must pay for the remaining lease period. A minimum notice period must be provided.
This notice should be used when proposing a new rent under an assured periodic tenancy (including an assured shorthold periodic tenancy) of premises situated in England.
Key features of the Legislate Rent Increase Letter
- Lawyer reviewed and written in plain English
- Up to date with changes in the law, taking into account changes to notice periods under coronavirus legislation
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Main benefits of managing your Rent Increase Letters with Legislate
- Access all the additional documents you need to let your property from start to finish including a how to rent letter, assured shorthold tenancy agreements, tenancy amendment letters and section 8 and 21 notices
- Offer a better user experience to your tenants who can now access their tenancy information at any time, on any device.
- Access instant tenancy statistics to help you manage your tenancy in real time.
How to create a Rent Increase with Legislate
To create a rent increase letter on Legislate simply set the terms of the amendment and invite your tenant the agreement. Once they have previewed the letter and accepted the terms, you can both sign the agreement.
For more information on how to create your agreements with Legislate, sign up, read our tutorial on Rent Increase Letters or book an introductory call with one of our team members.