Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Has anyone been approved for mortgages recently in the UK?
Is it still possible for first time buyers with a 10% ish deposit?...


 As a seller, can I back out of a real estate deal if a contract is not yet signed?
We verbally accepted an offer but are now having second thoughts. The realtors are working on putting the contract together and that has ben sent to my lawyer. They'll likely be a contract ...


 Need help in dealing with dishonest real estate agent-what to do!?
Hi-I have a question...we had been renting a house for about two years when the landlord suddenly decided to sell it. He gave us a choice of buying it which we decided against because the home has ...


 I let my property via a letting agent?
I let my property via a letting agent who found me a tenant. since the tenants moved in they have not paid me any rent and now owe me over £4000. The tenant is now saying that he will not leave ...


 Council reckon my home under right to buy is worth £95000,its like house that jack built,can they do this?
the bloke over the road bought a simalar property 2bedroom semi for £45000 2years ago under the same scheme.i just think they are trying to swindle me.they told me that i could bring in my own ...


 Question about paying rent?
I live in a 3 bedroom house with my boyfriend, a baby on the way... This may be a strange question but I'm just wondering how much people pay for rent?... I feel we pay too much, maybe I'm ...


 Should I pay this?
I rent a house from a letting agency. I have not even been in the property 6 months yet and I have been sent a bill from the Rates Collection Agency for £440. I'm not sure if this is for the ...


 I started my own cleaning busines, so far so good, cleaning apt. homes.offices, but i have a problem with?
customer, last time i was in his apartment cleaning he was walking naked around and before he left to work he start to make personal question, like he want something else from me besides cleaning, so ...


 If i want to refinance my home do i need to see a broker or straight to the bank?
...


 Any good ideas on how to keep people from stealing the for sale signs we have posted to sell our home?
The signs are along the highway leading up to our house and we have had to replace them 3 times in the past 2 weeks--I can't afford a security camera to catch the person who is doing this----so I...


 I was injured at my rental home,is my landlord resposible for the bill ?
I fell and fractured my elbow while going down the steps at my rental home. I have renters insurance but not health insurance. The steps are not level and there was no handrail. After replacement ...


 Moving Out at 16 - Is it possible, and how do I go about this?
Okay, heres the deal. At home, me and my Mam argue a hell of a lot, and occasionally we get into fights. We can only ever manage to sit at the dinner table for about half an hour before we get into a ...


 Moving to another state?
I want to move to another state not sure which yet but I wanted to know about prices of houses or apartments I just want a simple one bedroom one bath house since its only me and please be sure to ...


 How old were you when you bought your first house and how much was it?
I live in NJ and the real estate here is very costly. I'm 27 right now and I don't think I am anywhere near a down payment for even a condo (typically in the $200K range). It's just ...


 Is it mandatory that you carry homeowners insurance?
My wife and I have two kids, and we have been forced to live on a tighter budget for the past 6 months. Allstate just raised our homeowners insurance by $50/month and that is more than we can afford ...


 Can I afford this apartment, or would I be getting too "over my head"?
I live in the Northeast region of the US, where costs of living aren't exactly the cheapest. I'm looking at an apartment that costs $905/mo for 1bedroom. This price is for a place in a ...


 Wats the cost of living in USA?
iam frm india and going for a masters degree in US, iam not taking a accomadation that the uni is providing, so pls tell me detailes the cost of living

the house
studio
guest ...


 I am a renter the prop. is selling. My lease is not up. what happens to me this week when they close?
...


 What can you do when someone you bought a house from did not make a significant disclosure?
We bought a house in September. The seller disclosed a mushroom farm nearby that causes a foul odor when they rotate their compost piles, but did not disclose that a military base nearby routinely ...


 I have moved to a new apartment. can i have the post office mail my mail to my new apartment?
...



Joel M
My rent has gone up 20% within the last year, is this legal and what can I do?
                     
 




GUS
There are a few areas of the country where there are rent controls in place but for most of the country there is no limit to what a property owner can charge. Your only remedy is to shop around and possibly move.

Many apartment complexes automatically raise rents when your lease comes due just because they know you do want to go through the hassle of moving.

Good Luck


mr. bungle
Rating
As long as your city doesn't have rental increase cap, your greedy landord can increase. You should try foming a group of renters and get signature to petition for a rental cap. Where do you live?


Spectraguy
Your landlord/property owner is allowed to adjust the lease amounts on their property. If you sign onto an annual lease, you are stuck to pay any rates that the landlord/property owner sets.

Best bet, check out your lease, to see if there are terms in it describing potential increases.


bostonianinmo
Assuming that you don't have a lease, or that you do have a lease that allows for rent increases, yes it's legal. The exception would be in a rent-controlled apartment but those are not common in most jurisdictions.

Your only real option is to move or try to negotiate the rent with the landlord.


Tadow
Rating
Totally legal. Buy a home and/or...better yet, buy a rental property.

Check for rent control but chances are...the landlord has that covered.


eizus28
Rating
1. It's legal ........2. Get a second job.


DennistheMenace
inless theres rent control, most other places dont need a reason to raise rent. with a lease, at least your good for a year.....better???


enoriverbend
What does your lease say?

Don't have a lease? Then it's almost certainly legal except perhaps in a few municipalities.


basset hound
Rating
If U r living in the US, "YES" anything the landlord does is "legal & binding" ,,,if U had allowed it by not , reading through the lease agreement properly & understanding it clearly to ormit or delete what U do not agree from the START. American BUSINESS PEOPLE ARE DICTATORS!!

U have ur rights too if U do not agree to the TERMS & CONDITIONS written so U are free to go look for 1 that will suit ur needs & finances. The US is "lawless" when it comes to $$$$ & biznes they own. U as the consumer is left in the mercy of these unscroupulous people namely bankers & property owners because they are in CAHOOTS .

As I have pointed this in my question posed, how many americans really understand that they will never own a property as long as they have just "failed to pay 1 year of property tax?? It will be taken away from U & in the way the FORCLOSURE IS SERVED ON U,,,,,& where does it leave U,,,HOMELESS OF COURSE!! So unless U have millions stashed aside to ensure U have enough funds for the property tax,,,U will be homeless soon as U have the first property tax to pay by end of the year after your retirement. can ur social security of $2,000 per month see U through this & other bills & taxes each ending year??

So try to find a place, if U are fortunate enough, where the landlord is kind & easy going & is less $$$$ minded. Just remember U will not find that many at all kind people in the US who owns property & manage it as a business,,,,U jsut have to pay at their whims & fancy. It is LAWLESS so U just pay what is demanded of them & it is so sickening they can increase the rental not just at a rate of 10% bi-annually & but the sick 20% annually is mad!!


tia_dre3
Rating
Yes, its legal if its tied to an index. Meaning that your rent will vary depending on the current cost of living. It looks like the cost of living in your area has gone up in the last year. You should read over your rental contract to make sure, or you can talk to an attorney if you still dont understand the "fine print."


Oh Boy!
Oh come on. Why in the world would this be illegal? Are you a communist?


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy