How long before I can put the rent up?
I have just taken on some tenants at a reduced rent and they have signed a 6 month RLA AST agreement. When this comes up for renewal can I increase the rent?
I understand that once a rent has been increased it cant be increased again for at least 12 months but I am not sure what the rules are for a first tenancy do I have to give them another 6 months at the reduced rent and increase it only after they have been there for 12 months or more or can I increase it after the initial 6 month period?
Many thanks, in anticipation