Rent Increase

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A
astos
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I have a tennant who is on a 12m AST. This expires in June 07. When I first let the property I think in my eagerness to get a tennent I went too low on the rent. In fact I received many calls and could have let the property many time over from the one advert!

Anyway, what would be the best way to increase the rent when the AST ends.

1. Should I create a new AST with the new rental figure when the existng ast ends?

2. Should I let the existing AST roll-over month by month and serve a rent increase for the existing ast (forget the form name needed for this?)

Any advise would be much appreciated.

Thanks
Alex

02/12/2006 00:00

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