Rent Increase Calculation:
From: | To: |
This calculator helps determine the exact increase amount when a rent change occurs in Scotland. It's designed to assist with preparing documentation for the Scottish Government's rent increase notification requirements.
The calculator uses a simple formula:
Where:
Explanation: The calculation shows the absolute difference between the new and old rent amounts, which is required information for Scottish tenancy agreements.
Details: Under Scottish tenancy law, landlords must provide proper notice of rent increases and clearly state the amount of increase. This calculator helps ensure accurate calculations for official notifications.
Tips: Enter both rent amounts in GBP. The calculator will show the difference, which represents the increase (or decrease if negative) amount.
Q1: What is the legal limit for rent increases in Scotland?
A: For private tenancies, increases must be "fair and reasonable" and follow proper notice periods (typically 3 months for PRT).
Q2: How often can rent be increased?
A: For Private Residential Tenancies, rent can generally only be increased once every 12 months.
Q3: What if the increase amount is negative?
A: A negative result indicates a rent decrease, which is permitted if both parties agree.
Q4: Are there special rules for rent-controlled areas?
A: Some areas may have additional restrictions - always check local regulations.
Q5: What should be included in a rent increase letter?
A: The letter should include both old and new amounts, the increase amount, effective date, and proper notice period.