Landlords in Scotland able to increase rents by up to 3% from April as freeze ends
dailyrecord.co.ukThe Scottish Government has confirmed landlords will be able to increase rent by up to 3% from next month.The move will take place from April 1, where landlords will be able to apply for a rent increase of up to 6% to help cover certain increases in costs in defined and limited circumstances.
In October last year, legislation was introduced to temporarily freeze rent increases for private and social tenants, and for student accommodation with the cap set at 0% from September 6 until at least March 31, 2023.Social landlords are required to keep any rent increases below inflation in 2023-24.
A moratorium on evictions will remain in place for at least a further six months except in specific circumstances.The rent cap for student accommodation is to be suspended after the Scottish Government said it had a “limited impact” on annual rent set on the basis of the academic year.
Tenants’ Rights Minister Patrick Harvie said: “Our emergency legislation has given tenants across the rented sector additional protection as we continue to live through these challenging and uncertain economic times.“It is clear that many households in the private rented sector in particular continue to struggle, which is why we are capping in-tenancy rent increases in the private sector at 3% from next month, with safeguards in place recognising the effects the cost-of-living crisis may have on some landlords.
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