My landlord has just increased my rent by £700 per month

My landlord has just increased my rent by £700 per month

9:46 AM, 20th August 2024, About 4 months ago 52

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“My landlord has just increased my rent by £700 per month.”

That’s what my tenant client said to me last week in panic mode.

They’re a family of 4 consisting of a couple and 2 small children. They live in a 2-bedroom flat in Hammersmith and Fulham Council.

You might be thinking… “How on earth can a landlord do that to a small family? Rent increases like this should be against the law.”

Well…After speaking with the landlord he shows me his mortgage statement… His bills have almost doubled!

He tells me he’s had sleepless nights drowned with anxiety on how he’s going to keep up with mortgage-payments.

In this way, the tenant and landlord are joined with their shared anxiety for the future.

But! – We showed them there are options available to them:

✅1. First we assessed the families benefits and realised they were eligible for an additional £300 per month uplift from Universal Credit.

✅2. Second, we negotiated with their local council who contributed a further £200 per month towards their monthly rent.

✅3. Finally, we made an application for a Discretionary Housing Payment to make up the balance.

Results? The tenants were able to renew their contract for a further 24 months and homelessness was prevented! 😁

As I say and will continue to say, Eviction is not the only option! – If you are a landlord or letting agent in this particular situation, please do not hesitate to reach out. This is a free service so fill in your details in the form below for a non-obligatory call.

My name’s Denzel, the CEO of Social Housing Options. Remember, There are many options available to you… Even if your situation does look bleak!

Contact Denzel


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homemaker

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10:16 AM, 20th August 2024, About 4 months ago

Excellent outcome Denzel. Am I correct in thinking your organisation only operates in London?

Monty Bodkin

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10:21 AM, 20th August 2024, About 4 months ago

"The tenants were able to renew their contract for a further 24 months"

Does that mean the landlord is locked in for another 2 years?

Paul

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10:26 AM, 20th August 2024, About 4 months ago

Can you get me an extra £800 per month from the government to pay my new 5% mortgage rate?

NewYorkie

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10:41 AM, 20th August 2024, About 4 months ago

I don't doubt the landlords stress over his costs, but I would have thought a £700pm increase would be considered unacceptable if challenged, unless he has allowed his rent to fall so far behind the local market rate.

Denzel

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10:54 AM, 20th August 2024, About 4 months ago

Reply to the comment left by Monty Bodkin at 20/08/2024 - 10:21
In this circumstance the landlord wanted another 24 month contract - so we were able to achieve that for him. However you can also get a 12 or 24 month contract.

Denzel

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10:57 AM, 20th August 2024, About 4 months ago

Reply to the comment left by NewYorkie at 20/08/2024 - 10:41
Increases have not been driven by what landlords want but moreso the mortgage rate crisis... Most landlords want their properties to remain affordable for their tenants... But due to the challenging climate are left with no choice but to increase the rent.

If the PRS loses landlords who are willing to rent to families on Universal Credit.... This means more more homeless families... If more families are made homeless you are looking at a bill of at-least £20K per year per family.

Mark Alexander - Founder of Property118

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11:02 AM, 20th August 2024, About 4 months ago

Reply to the comment left by at 20/08/2024 - 10:16
Denzel's organisation isn't constrained to operating in London. I know this because I am aware of a landlord and a tenant in Norwich who they are assisting based on very similar circumstances.

Before inviting Denzel to become a Property118 Guest Author I spoke to him at length and checked out his Google reviews.

Denzel

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11:12 AM, 20th August 2024, About 4 months ago

Reply to the comment left by at 20/08/2024 - 10:16
We also operate outside of London and would be happy to have a conversation.

Denzel

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11:16 AM, 20th August 2024, About 4 months ago

Reply to the comment left by Paul at 20/08/2024 - 10:26Hi Paul - The point of this post is all about homeless prevention. If the tenant in this circumstance is made homeless it will cost the taxpayer at-least £20K per year.
Have a read of the temporary accommodation crisis in England which is costing councils £2bn per year.
Many councils are either going insolvent or about to because of this. Our solution saves the council and you (the tax payer) money.

howdidigethere

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12:07 PM, 20th August 2024, About 4 months ago

I'm sorry but i don't understand.

We are applauding this?

You mean we are running to the arms of Nanny State because of the conditions they set up to make us do so?

This is just one step closer to the USSK.

"You will own nothing and be happy", they say...

Seriously people, wake up and stop sucking ever-further on the teat of government less we find ourselves helpless and hopeless and all of us living on UC so long as our social credit scores are "appropriate".

P118 should be ashamed of promoting such a .gov soft-trap.

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