On July 1, 2024, the Affordable Middle Rent Act (Wet Betaalbare Middenhuur) came into effect, introducing significant changes to the rental market in the Netherlands. As a landlord, it’s crucial to understand these changes and how they impact your rental portfolio.
The Act introduces three distinct rental segments based on a points system.
This classification aims to ensure affordability and transparency in the rental market.
- From 0 to 143 points
- Basic rent € 879,99 max
- From 144 to 186 points
- Basic rent € 1157,95 max
- 187 points or more
- No maximum basic rent
Homes already in the social sector but priced higher than the points allow must immediately adjust their rent to conform with the new rules.
Homes currently rented as free sector properties but with fewer than 144 points must adjust to the points-based rental price by July 1, 2025. This transitional law gives landlords time to comply with the new regulations.
These changes require landlords to reassess their rental strategies and ensure compliance with the new regulations. Adjusting your rental prices and understanding the implications of the points system is essential to avoid legal issues and maintain a good relationship with your tenants.
Fixed-term rental contracts have become the standard. This means all new rental contracts are now for an indefinite period, typically ranging between 12 and 36 months. Temporary contracts remain possible only for specific groups such as students and tenants undergoing renovations.
Starting January 1, 2025, landlords are required to include the points system with the rental contract. This addition aims to provide more transparency and allows tenants to have the rent assessed throughout the rental period.
By staying informed and adapting to these new regulations, you can continue to effectively manage your properties and provide fair housing options.
For more detailed information and guidance on how to navigate these changes, feel free to contact us at Brick Amsterdam.
Brick Amsterdam – Service driven real estate
