Thanks for all your replies. As long as we can negotiate another 6 months rental I am happy for the $5 increase. Just to cheer up you good folks, because of the heavy snow fall during the night I was stuck in the traffic jam (3hr wait 6am to 9am) on the A14 in Suffolk this morning trying to get to work for my last day, we where diverted of the road and I had to go back home and go down to the train station, finally got into work at mid day. Boy looking forward to the warm weather when I get there.
I would have jacked it off mate and gone to the boozer...lol
Catch you down here on the bright side soon...
Hi. My understanding is you are already renting the property. The lease was for 6 months. It is common practise to increase the rent each year and $5 would be below the average I would think. Courtesy would dictate that you should have some notice of intent to increase the rent so that you have the option of finding alternative rental. If the landlord wants a 12 month lease and does not want to negotiate you either sign or move. You can always break the lease but this would involve costs of finding a new tenant. Unfortunately interest rates and land tax also increase, hence increases in rentals.