I have a single property let to Fingal County Council through the R.A.S. The agreement is for 5 years commencing 1st January 2007 for €1100 per month for a three bed duplex in Swords beside the airport.
The agreement states that "Rent means the amount as set out in the key information section provided that the housing authority and the landlord may agree to increase or decrease such amount from time to time"
Received a letter from Fingal C.C. this week indicating "...that a rent review is now due for this property........ contact me on 8905451 to arrange an appointment to discuss same"
Am I to presume that the reason this rent review "is now due" for the first time 2 years and 3 months into the agreement is because of the current economic situation and that they will just attempt force the rent amount down to what they now see as acceptable ?
Has anybody any recent experience of this situation ?
Many Thanks
Dave
The agreement states that "Rent means the amount as set out in the key information section provided that the housing authority and the landlord may agree to increase or decrease such amount from time to time"
Received a letter from Fingal C.C. this week indicating "...that a rent review is now due for this property........ contact me on 8905451 to arrange an appointment to discuss same"
Am I to presume that the reason this rent review "is now due" for the first time 2 years and 3 months into the agreement is because of the current economic situation and that they will just attempt force the rent amount down to what they now see as acceptable ?
Has anybody any recent experience of this situation ?
Many Thanks
Dave