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Concerns landlords will use renovations to hike rents

There are concerns some landlords are using renovations as a way to hike rents above their capped rates.

Under Government legislation, landlords can’t raise rents by more than 4 per cent in rent pressure zones.

However, they can increase it by more than that if they’re carrying out major renovations.

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But Tracey Murphy from Threshold says some landlords are abusing this process.

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