Do you know what a Rent Pressure Zone is? This applies to new and existing tenancies unless an exemption is being applied. Rent Pressure Zones are located in parts of the country where rents are highest and rising, and where households have the greatest difficulty finding affordable accommodation.
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They are intended to moderate the rise in rents in these areas and create a stable and sustainable rental market that allows landlord and tenants to plan financially for their future. It can also be used to calculate the maximum rent amount for the tenancy.
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