Changes to rent increases

What's changing?

  • Rent increases will be limited to once per year.
  • Landlords must give tenants at least two months’ notice of a rent increase.
  • Tenants will have the right to challenge unfair rent hikes through a tribunal.
  • Only 1 months rent in advance can be requested once any tenancy agreement has been signed, and before the tenancy commencement date.

How to prepare

  • Set up a rent review calendar - plan rent adjustments in a structured way.
  • Ensure rent increases are based on market conditions to avoid disputes.
  • Keep clear records of rent changes and justifications.
  • Do your research - get to know your local market.