Hi,
One of my investments is due for a rent increase. This is a CPI increase however the 12 month revue date was the 1st August but I was unable to implement the increase as the next due date for the CPI figures is not until the end of September. How is this applied to the due date, in other words backdating the increased rate a couple of months?
Thank you for any assistance.
One of my investments is due for a rent increase. This is a CPI increase however the 12 month revue date was the 1st August but I was unable to implement the increase as the next due date for the CPI figures is not until the end of September. How is this applied to the due date, in other words backdating the increased rate a couple of months?
Thank you for any assistance.