My mortgage interest will have gone up over 2500 euro a year it the ECB increases rates as predicted by the end of the year. My property is below market rent by about 40% (didn't increase rent for years cause tenants were excellent). Paying for this now of course.
So forget about inflation and repairs, maintenance etc increasing in cost, the mortgage interest going thru the roof, I can only increase the rent by 300 euro a year gross and my costs have gone up over 8 times that amount. That's not fair at all and I won't be repairing anything in the house in the urgency that I always prided myself on previously.
I don't even want to charge market rent, but even if instead of 40% under market rent, if I could close the gap to 20% I would be happy. But the RPZ that were meant to be temporary, will never be removed I'd imagine, so I'm left with no option but to sell up and serve notice.