Rent Increase Formula:
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The 6% rent increase cap in Scotland is a temporary measure introduced to help tenants during the cost of living crisis. It limits how much landlords can increase rents for private residential tenancies.
The calculator uses the simple formula:
Where:
Explanation: The calculation adds 6% to the original rent amount to determine the new maximum allowable rent under Scottish regulations.
Details: Understanding rent increase calculations helps both tenants and landlords comply with Scottish rental laws and plan their budgets accordingly.
Tips: Enter your current rent amount in GBP. The calculator will show the new rent after a 6% increase, which is the maximum allowed under current Scottish regulations.
Q1: Is the 6% cap applied to all rents in Scotland?
A: The 6% cap applies to private residential tenancies during the specified period. There may be exceptions for certain types of tenancies.
Q2: How often can landlords increase rent?
A: For private residential tenancies, rent can normally only be increased once every 12 months.
Q3: Can landlords increase rent by more than 6%?
A: During the temporary cap period, increases above 6% would generally not be permitted unless specific exceptions apply.
Q4: Does this apply to new tenancies?
A: The cap typically applies to existing tenancies. Landlords can set the initial rent for new tenancies at whatever level the market will bear.
Q5: When does the 6% cap expire?
A: Check current Scottish government guidance as the end date for the temporary measures may be extended or changed.