Rent increases are often a common occurrence in the private rented sector. They can be a source of financial stress for tenants who are already struggling to make their monthly rent payments. However, Citizens Advice are here to help. Here are a few ways that could help you deal with a rent increase and minimize its impact on your finances. Here are some tips:

Review your rental agreement: Check the terms of your tenancy agreement to see if there are any clauses that specify how and when the rent can be increased. Your landlord must follow the rules outlined in the agreement. If you have a fixed-term agreement, your landlord cannot increase your rent until the agreement has expired. Not sure what type of rent you have? You can check here.

Negotiate with your landlord: You could try negotiating with your landlord to reach an agreement of a lower rent cost or a longer notice period. Explain your financial situation, and reasonable landlord may be willing to work with you to find a mutually agreeable solution. If you are unable to reach an agreement with your landlord, check if you can get help with renting costs.

Consider your options: If you cannot afford the rent increase, you may need to consider moving to a more affordable property. Research the rental market in your area to see if the rent increase is reasonable. Look for similar properties in your area and compare their rental prices. You can also check online rental platforms to get an idea of the current market rates. Before making any decisions, weigh up the costs of moving and the potential impact on your lifestyle.

Seek advice: If you are struggling to deal with a rent increase, seek help and advice from an adviser. Here at Citizens Advice we provide free, impartial and confidential advice to thousands of people across the UK struggling to make rent payments. We can help you understand your rights and obligations as a tenant, and provide guidance on negotiating with your landlord or finding a more affordable property.

Plan your budget: Finally, it’s important to plan your budget carefully to accommodate the rent increase. Make a list of your essential expenses, such as rent, bills, and food, and see where you can cut back. You can also consider taking on extra work or finding new ways to increase your income if necessary.

Dealing with a rent increase can be challenging, but with the right approach, you can protect your rights as a tenant and find a solution that works for you. Remember that it’s important to communicate openly with your landlord and seek advice if you’re struggling with your rent situation. With a bit of planning and effort, you can navigate the challenges of the private rented sector. For more information on dealing with a rent increase, visit our website here.

Here at Citizens Advice Cardiff & Vale, provide free, confidential and impartial information and advice to residents throughout the whole of Wales. For jargon free help and advice, please visit us at Citizens Advice or Contact Us here.