How to increase rent once tenants out of first year STA

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M
McQT
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Hello, my tenants would like to stay in my rental flat once their first year STA is up. I understand from reading the STA that they can stay on a month-by-month basis, giving one months notice ahead of moving out.

I would like to increase the rent a small amount in line with inflation and current market rates. How is it best to go about doing this contract wise? Keep them on the rolling contract and inform them of the increase in advance or start a new STA?

I look forward to hearing your advice.

Best, Luci

19/06/2012 00:00

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