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Letter Of Intent To Raise Rent

Letter Of Intent To Raise Rent Template for England and Wales

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Letter Of Intent To Raise Rent

I need a Letter of Intent to Raise Rent for my two-bedroom residential property in Manchester, increasing the monthly rent from £1,200 to £1,350 effective from March 1st, 2025, with all necessary statutory notices for England and Wales.

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What is a Letter Of Intent To Raise Rent?

The Letter of Intent to Raise Rent is a crucial document in property management within England and Wales, used when landlords wish to implement a rent increase in accordance with legal requirements. This document should be used when proper notice of a rent increase needs to be given to tenants, typically at least one month before the proposed increase for periodic tenancies. It must include specific details such as current and proposed rent amounts, effective dates, and comply with any existing tenancy agreement terms. The letter ensures compliance with relevant legislation and provides a clear paper trail for both parties.

What sections should be included in a Letter Of Intent To Raise Rent?

1. Date: Current date of the letter

2. Tenant Details: Full name and address of the tenant(s)

3. Property Details: Full address of the rental property

4. Current Rent: Statement of current rent amount

5. New Rent: Proposed new rent amount

6. Effective Date: When the new rent will take effect

7. Notice Period: Confirmation of statutory notice period being given

What sections are optional to include in a Letter Of Intent To Raise Rent?

1. Justification: Explanation for the rent increase, used when significant increase or potential dispute

2. Market Comparison: Reference to local market rates to justify the increase

3. Payment Terms: Any changes to payment methods or dates when payment arrangements are changing

What schedules should be included in a Letter Of Intent To Raise Rent?

1. Current Tenancy Agreement: Copy of relevant sections of current agreement relating to rent increases

2. Market Research Data: Supporting documentation showing local market rates

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions











Clauses











Industries

Landlord and Tenant Act 1985: Primary legislation setting out basic landlord obligations, requirements for rent increases, and establishing fundamental tenant rights

Housing Act 1988: Key legislation for Assured and Assured Shorthold Tenancies, defining procedures for rent increases and specifying mandatory notice periods

Rent Act 1977: Historical legislation still applicable for regulated/protected tenancies, containing provisions about fair rents and rent regulation

Consumer Rights Act 2015: Modern legislation ensuring fairness in contract terms and protecting against unfair practices in tenancy agreements

Notice Period Requirement: Statutory requirement of minimum one month notice period for periodic tenancies before implementing rent increases

Frequency Limitation: Standard practice limiting rent increases to once per year unless otherwise agreed in the tenancy agreement

Tenancy Type Consideration: Different rules apply based on whether the tenancy is fixed-term, periodic, Assured, or Assured Shorthold

Agreement Review: Requirement to review existing tenancy agreement for specific provisions about rent increases before issuing notice

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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