Regulation of rent Flashcards
RA Registered rent recoverable until…
premises changed substantially
cancellation of registration
new registration from new application
RA Registered rent cant be altered within 3 years unless..
conditon of dwelling
terms of tenancy
furniture
ohter circ
RA Regards to determining fair rent 5
all circumstances - age, character, locality, repair, furniture
factors that push up/down rents
state of repair
inflation?
RA Disregards to determining fair rent 3
personal circumstances eg gender etc
scarcity value
defects, improvements
Method of determinating fair rent
Any lawful/ reasonable method
registered comparables test
Rent Act (Maximum Fair Rent) Order 1999
RPI + 7.5% - 1st registration
RPI + 5% for next/subsequent registration
HA - increasing rent - periodic ATs - s13
LL serves notice in prescribed form
Advises T of right to refer rent to FTT
min period to take effect
HA rent control AST’s - s22
T can apply to FTT to determine rent but only in first 6 months or if prev determined