Landlords are giving quit notices in cities where rents are high.....Some says she was given six months rent free to look for another house....Her landlord wants them all out cos he has increased the rent and wants new people cos the old ones will not agree to pay agent and other fees..ONE HUNDRED PERCENT INCREASE OH!!
Another person told me days back that rent had been increased from 4m to 9m...look at the increment.
Let us talk about your Landlord if you are a rent paying...
Was your rent increased???how high? Give us Landlords gists.....
I moved into this house in 2023 with the rent as 1.2M. Last year it was increased to 2M. I heard the landlord wants to increase it again to 2.5M. Na God hand we dey.
ReplyDeleteThat's so much increment within a short time! My landlord increase from 400k to 500 k last year. This year he has increased it to 600k. It seems like he will be adding 100k every year at this rate. A one bedroom flat in Yenagoa for that matter. It is well.
DeleteI always say it that if God bless you, buy or build house first, don't rush to buy car unless it's for business, if you have a house of your own, you're free from at least 30% of this life troubles.
ReplyDeleteI agree with you 💯
DeleteWell said.
DeleteSometimes the issue is where your money can buy may not be where you want to live, cos of security and so on. You buy in a developing area but the place may not have adequate security and your work proximity so your tenants pay you peanut while you pay your own landlord outrageous amount. Na God go help us
DeleteYou're right
DeleteYou're right
DeleteRent in Abuja now is something else oo..Our former landlord wanted to increase d rent but lied to tenants dat he wants to renovate d house...After some people moved he did small renovations and increased d rent from 350k to 700k(one bedroom flat)..
ReplyDeleteAnd dat is d least u can get a bedroom flat in my area..some sef is around 1.4m(chikakore), across sef now na no go area in terms of house rent..
May God help us
Yes, my rent was increase by 50% but the landlord's give me 3 month notice, and considering the stress to agents and all I just pay though I was 3 weeks late before I could come up with the money.
ReplyDeleteMy landlord died 5years ago n d lawyer is just increasing d rent yearly, from 300 to 800 now, is well with us.
ReplyDeleteIn Nigeria, lawyers increase the property owners rent? with or without the property owners consent?
Delete16:40 the lawyer is managing the estate
DeleteNew money making scheme without a little bit of consideration whatsoever
ReplyDelete😂😂😂😂😂
ReplyDeleteI can't stop laughing..cuz this house issue ehn..e don turn another thing.
Lawyer just increased our rent to 450k..abeg, which kind work dey my hand?
I tell people to invest in properties but Dem go dey do anyhow. With 50m, you will see better 4flat wey u go buy and refurbished to 4flat and 4 rooms and parlor sef
Say you use 50m to buy four flats and renovate, how much will you collect each year before you get the money back. This is why rent is going up
DeleteMy landlord increased my rent from N500k to N1.7m. How I wish I can transport my father's house in the village to Lagos...
ReplyDeleteHigh cost of living in naija is the cause even though I don’t support outrageous increment. APC and Tinubu regime see una self.
ReplyDeleteIf God bless me, I swear, I no wan give people bp. Will just collect normal rent and there won't be any increment.
ReplyDeleteSome people said it's not possible but I keep saying it it. There is a man in ibadan who hasn't increased his rent for over 10years now from info.
I know of a man, he is late now shaaa.. for over 20years I know him, he never increased his rent
That means the landlord never did any renovations Pinky.
DeleteThis was the late Phinawhite.
DeleteThis man hasn't increased his house rent for more than 20yrs the day he died come and see people crying, his tenants cried more than his family sef because they know what awaits them in the front .
I don't live in Nigeria. What exactly is the purpose of these agents I always read about. Can someone please explain how it works. Thank you
ReplyDeleteIf you have a good landlord/landlady, one that isn't greedy, you have something.
ReplyDeleteLandlords are raising rents significantly these days, and my landlord is no exception. Unbeknownst to him I've been ghosting the place for months, planning my exit strategy.
ReplyDeleteWe've been informed of a 50% rent increase per tenant. With my lease expiring soon, I'm weighing the pros and cons of renewing versus finding a new place which will better suit my needs for personal reasons. A significant reason is that scorpions have a history of stinging me in that house, particularly during rainy seasons..We don kill like 5 snakes for broad daylight for that house. If it weren't for God's gracious grace. I'd be a toast.
Neighbors are like ' don't go!' but honestly, even if I wanted to stay, those scorpions wouldn't get the memo.
Scorpion ke? God love you o. Please Baci leave the place.
DeleteHmmm... May God make provision for you to leave there
DeleteMy abroad Dr landlord, increase our small selfcon, from 150k to 250k. The thing just they pain me anyhow.
ReplyDeleteMtcheeww
And your 250k is probably paining him sef
DeleteOurs was increased from 400k to 700k in the guise that she wants to renovate it. Before the increment, she was always adding 50k yearly.
ReplyDeleteWe moved out and just painting was done for a house that was built since 1992.
The funny thing is that she's even based on Germany.
Pele dear, imagine the wide gap increase!
DeleteAnd the painting sef will not be double coated o. They'll just ryb paint & say it was renovated 😂
This problem is majorly because Govt is not doing anything in the area of housing. If we have Govt low-cost houses like Jakande built then all over the country, rent will not skyrocket as supply will exceed supply which is the problem.
ReplyDeleteHaving said that, landlord should have small milk of kindness because you are sowing seeds that you will reap. How can you increase someone's rent by over 200% because demand is high? ??
Then on Sunday you wear clothes and go to church calling yourself a Christian,that is wickedness.
.yes, everything has gone up but have compassion on these tenant whose source of income is not increasing and all other things have increased.
It is well with us, we will survive it.
Cause it’s a business not charity
DeleteLandlords in Abuja are using tenants to arrange their futures. My former landlord drove everyone from the house. He didn't even say he wanted to increase, he just said leave. I am sure he also wants agency fee. The stupid so called agents are the ones mis-advising the landlord. This new house, the landlord built within 2 months because it was the season all landlords were ejecting tenants and he quickly wanted to make houses available. Now all the apartment are having cracks. Serious cracks. Everyone is talking about leaving when rent is due, make house no go fall for our heads.
ReplyDeleteMy sister, nawa o. No repairs or renovations...just increasing rent every year. It's only money on their mind 💰
DeleteThe house where I live, we do majority of the renovations. All these landlords do not fulfil the agreements on documents...all na wash. Last year, rent was increased, now am hearing another one. E tire person o.
ReplyDeleteOur landlord did major renovation in January. He is based outside the country but very active in the house WhatsApp group. All tenants were to renew their rent by the end of January.
ReplyDeleteLawyer started calling tenants individually to inform them of a 50% rent increment.
Tenants told him to post it on the WhatsApp group.
Lawyer couldnt post( obviouslythe landlord didnt authorise any increment)
Lawyer 0: Tenants 1
Can you imagine . E nogo better for the lawyer
DeleteMine is 450k - 800k.. wondering if I should just relocate cos na ontop selling buns I go pay 800k?
ReplyDeleteThat's how they make it so expensive,they end up putting bad people without legit work in their houses.
ReplyDeleteOurs increased from 250k to 300k. All tenants complained and lamented,it fell on deaf ears,so we tenants ekwechiri,no renovation no increment. We haven't seen him till today..we paid our old bill.
ReplyDeleteVery good 👍🏼
DeleteRent is another thing in Lagos now. Imagine from 350k for a 2 bedroom flat in 2023 to #1.1 for the same apartment in 2025/2026! . It's crazy.
ReplyDeleteMine, a mini flat was 610k with service charge. Last year it became 1.2m. My neighbor in the 3 bed who used to pay 1.8m became 3.5m. I pray things work out sooner in terms of work, I want to leave this environment and country at large.
ReplyDeleteMy house rent expires every January, by mid January 2026, lawyer served us a letter of rent increase 100%. From 250k to 500k. No notice nothing whatsoever. And it was to take effect this same January. Can you imagine ? Ma HOD hand I dey so.
ReplyDelete