1. What is RPI Rent Increase?

The Retail Price Index (RPI) is a measure of inflation used in the UK to calculate rent increases. Many UK rental agreements include RPI-linked annual rent review clauses.

2. How Does the Calculator Work?

The calculator uses the RPI rent increase formula:

Where:

• \( RPI \) — Retail Price Index percentage (e.g., enter 3.5 for 3.5%)
• \( Current\ Rent \) — Current monthly rent amount in GBP

Explanation: The calculation shows both the rent increase amount and the new total rent amount after the increase.

3. Importance of RPI Rent Calculations

Details: Understanding rent increases helps tenants budget for future housing costs and landlords determine appropriate rent adjustments in line with inflation.

4. Using the Calculator

Tips: Enter the RPI percentage (without % sign) and current monthly rent. The calculator will show the rent increase amount and new total rent.

5. Frequently Asked Questions (FAQ)

Q1: What is the current RPI rate in the UK?
A: The RPI rate changes monthly. Check the latest figures from the Office for National Statistics (ONS).

Q2: Is RPI the same as CPI?
A: No, CPI (Consumer Price Index) is a different measure of inflation, typically lower than RPI. Some contracts may use CPI instead.

Q3: Are there limits to rent increases?
A: In England, there's no legal limit on rent increases unless specified in the tenancy agreement. Different rules may apply in Scotland, Wales and Northern Ireland.

Q4: How often can rent be increased?
A: Typically annually, unless otherwise specified in the tenancy agreement.

Q5: Can I challenge an RPI rent increase?
A: Yes, if you believe it's unreasonable or doesn't follow the terms of your tenancy agreement. Seek advice from Shelter or Citizens Advice.