Rent Increase Calculation:
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This calculator helps landlords and tenants in Scotland determine the exact amount of a proposed rent increase by calculating the difference between the new rent and the old rent, as required for Scottish Government rent increase notices.
The calculator uses a simple formula:
Where:
Explanation: The calculation shows the absolute increase in rent amount, which is required information for Scottish tenancy law when serving a rent increase notice.
Details: Under Scottish tenancy law, landlords must provide proper notice of rent increases and the exact amount must be clearly stated. This calculator helps ensure compliance with the legal requirements.
Tips: Enter both the current rent and proposed new rent in GBP. The calculator will show the exact increase amount that should be included in the rent increase notice.
Q1: How much notice is required for a rent increase in Scotland?
A: For private residential tenancies, landlords must give at least 3 months' notice for rent increases.
Q2: Are there limits on how much rent can be increased?
A: In Scotland, rent increases must be fair and realistic. For Rent Pressure Zones, there may be specific limits.
Q3: What format should the rent increase notice take?
A: The notice must be in writing and include both the new rent amount and the amount of increase.
Q4: Can tenants challenge a rent increase?
A: Yes, tenants can refer the increase to a rent officer if they believe it's unreasonable.
Q5: Does this calculator account for percentage increases?
A: No, it calculates the absolute increase amount. For percentage calculations, you would need to divide the increase by the original rent.