Landlords will be able to raise rents annually to market prices and must provide two months’ notice of any change. Tenants will be able to challenge above-market rent increases through the First-tier Tribunal (Property Chamber) ("the Tribunal") – this seeks to prevent above-market rent increases being used to force tenants to vacate a property. Terms which allow rent increases outside of the statutory mechanism will be of no effect.
Detail of individual policies in the Act Rent increases