My tenant has now been in situ for just short of 2 years. He started with an AST of six months and is now on a statutory periodic. The rent has never been increased but I now feel a realistic increase is appropriate.
There is no rent review clause.
I will try for an agreement first of all but I he probably won’t agree.
So I’m looking at Form 4 just in case I need to serve one under Section 13.
But can anyone help me with para 3 of the form
“The first rent increase date after 11 February 2003 is…….”
What is meant by that date? What do I put in these circumstances? As I say, the rent has been the same in almost 2 years.
Any help is much appreciated. Thanks