Hello, I’ve been renting my place for a number of years and want to stay on. I’ve asked to extend the tenancy agreement for a further 2 years, but the landlord is suggesting only 1 year on the basis that they don’t know how the market will be in a year’s time. They’ve also said they don’t want to unduly raise it in a year’s time either, but I’m worried that they may change their mind and I’ll be hit with a huge increase meaning I’ll potentially have to move out of what I consider my home.
Is there any way I can ask the landlord for something in writing, maybe as part of the current tenancy renewal, to state that they won’t put the rent up massively in a year’s time, or am I living in a dream world to even consider that that is possible?!
Please can anyone help with some advice about this?
Thanks very much.