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Landlord wanting an 18% increase in rent...

  • 06-11-2008 2:43pm
    #1
    Sir Oxman
    Closed Accounts Posts: 8,492 ✭✭✭


    Hi

    Just paid my rent today (I moved in exactly one year ago last Saturday) and landlord says he wants €1000 per month from next month, up from € 850 which is what I was paying. That's a whopping 18% increase!!!


    The apt is two bedroomed, two bathroomed in the Ballymun area....(My work is there)

    He says his 'advisors' have told him he can get people in right away for €1000 pm.

    By the way, I have no signed lease, pay rent by cash but have looked on threshold.ie and I do have tenancy rights even without a lease (it suited me and him not to bother with one at the time)

    According to threshold, landlords can only increase rent annually within open market rates - does that mean say, rate of increase is averaging 8% so that is what he could up it by or does it mean there are other similar apts going for €1000 so he can ask for that from me?

    I've been a model tenant and he knows it but I am really annoyed by this. Also I would prefer not to move but I just can't afford an extra 150 pm.

    What to do?
    Failed to load the poll.


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