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You aren't listening are you? You cannot increase your rent. There is nothing to explore and you have no way of telling your tenant to pay more or move out. You sound like a nightmare landlord, how is it any of their business that you now regret accepting less? When you bought the place...

I don't want to be too harsh here but have you genuinely thought about what you're asking? Your tenants signed a lease giving them 12 months at 400 a week and you now wish to arbitrarily increase it to 430? Why not 500 pr 600 while you're at it? Would you agree to dropping it to 370 if...