Yes. Once a year your rent goes up at the rate of inflation which is set by the government and is usually talked about as a percentage.
Imagine the rent in your first year is £1,000 per month. If inflation is 3% then the rent in your second year would be £1,030 per month. This is predictable and manageable.
You will receive communication regarding your rent increase 2 months before your completion anniversary.
If you ever feel like your rent has become higher than the rent for similar homes in the same area, ask us for a rent review. You can do this every 5 years if you like.