Rent Increases

There may be occasions when the rent will be increased during an in-flight letting. To make sure that this is reflected in the system to ensure correct rent collection and landlord payments, you would need to:

 

- Go to the letting > click 'Rent Schedule' on the right-hand side

- under 'Rent Amount', click on the blue highlighted rental amount

 

 

You will then have the opportunity to edit the rent and choose from the dropdown from which rental period you would like to start the increase. 

 

 

Multiple tenants

When there are two paying tenants, it is also possible to increase or decrease the rent each tenant is liable for in the tenancy.

Both tenants need to be on the letting individually and added as a paying tenants before following the same steps above but on each rent amount:

 

No rental periods to choose

If there is no drop down when following the steps above, this will be because there is no available rental period to increase. For example, if the letting is periodic and the rent increase is occurring a couple of months in the future.

You would need to manually extend the end date of the letting by one month (i.e., to create a new rental period to choose from) before you follow the steps above to adjust the rent.

 

 

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