How Leicester Landlords Could Earn More Rent in 2025

Are you a landlord considering raising the rent on your investment property?

If so, here are two reasons why you should review your rent and increase it if appropriate:

  1. Your costs go up every year
    You need the rent to keep pace so you can maintain your property to the standard tenants expect.
  2. New laws coming into force this year
    Under the Renters’ Rights Bill, landlords will only be able to raise the rent annually up to market rates and must give two months’ notice of an increase.

A word of caution
If the rent is at, or above, market levels, a rent rise may prompt your tenant to move on. You could struggle to find a new tenant willing to pay above-market rent.

For help with rent-setting, contact us today.

If you know a landlord or investor who would find this article useful, please share it with them.

#property #estateagent #newhome #ukproperty #Leicester #KnightsbridgeEstateAgents

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