A young lady with the handle ‘BigAra’ recently shared a photo of a letter from her landlord to his tenants informing them of a significant increase in rent. The letter, which was sent to all the tenants, including her, was delivered by the landlord’s lawyer and served as an official notice of the new rent rates.
In her post, the young lady explained that the letter, outlining the steep rent hike, was sent to them as part of the landlord’s decision to raise the rent for the coming year. This came as a surprise to many tenants, especially given the magnitude of the increase.
According to the details in the letter, the landlord has raised the rent for the apartment from N750,000 to N1.4 million, effectively doubling the amount tenants are expected to pay. This sharp increase has sparked concern among the tenants, with many questioning the timing and fairness of such a drastic change in rental fees.
The young lady revealed that she resides in a one-bedroom apartment located in Ajah, Lagos. She shared the letter as evidence of the steep rise in rent, emphasizing the challenges tenants might face in adjusting to the new rates.
Part of the letter reads: “Please note that the rent of the apartment you occupy has been increased to the sum of N1,200,000.00 and service charge N200,000.00 per annum from your next rent renewal on December 2025.” This increase marks a substantial rise from the original rent of N750,000, bringing the total to N1.4 million when including the service charge.
The letter goes on to state: “Inability to renew the tenancy at the current rate/rent, please vacate the property.” This harsh ultimatum gives tenants the choice of accepting the new terms or vacating the property entirely, placing pressure on those who may find the increase unaffordable.
The news of this significant rent increase has caused a stir among the tenants and many Nigerians, as such hikes have become a growing issue in cities like Lagos. The situation highlights the ongoing struggles renters face as they contend with soaring rental costs and the pressure of inflated housing prices.