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Rent increase

Haz619 · 2017-05-11 18:18:57

Hi, i live in waterford, the apartment building that i live in is being sold. I have read a bit about this increase but the only cap that i can find is in rent pressure zones of which waterford is not. Is there a cap on rent increases? or is it just as much as they like up to the equivalent market value in the area. How…

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11-05-2017 7:18pm

#1

Haz619

Registered Users Posts: 20 ✭

Join Date: January 2008

Posts: 14

Hi, i live in waterford, the apartment building that i live in is being sold. I have read a bit about this increase but the only cap that i can find is in rent pressure zones of which waterford is not.

Is there a cap on rent increases? or is it just as much as they like up to the equivalent market value in the area.

How often can the rent be changed and how soon after the property is purchased can it be changed?

Thanks in advance

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