Parliament to pass new rent law, era of two years advance over

Parliament to pass new rent law, era of two years advance over

- Parliament will be passing into law a new rent law

- The rent law will subject landlords to only charge one month to one-year rent advance

- Rent laws in Ghana have made Accra, Takoradi, and Kumasi as the most expensive cities in Africa

Very soon, there will be a new rent bill which will see tenants in Ghana pay at least one month to one-year rent advance instead of the initial six months to two years rent advance.

Chief officer at the Ghana Rent Control, Twum Ampofo, has revealed to Citi FM that the minister of housing is very eager to see this law passed in parliament.

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“The rent advance at the moment is supposed to be six months and the new law hoping to be passed sooner or later is actually giving us a year. We have prepared the one year advance supposed to be paid by tenants. It starts from one month to one year,” the chief officer revealed.

The issue of rent is one of the disturbing matters that most Ghanaians complain about. In fact, 90 percent of Ghanaians pay rent to landlords and landladies who often argue over the amount of rent advance as well as the preferred amount o rent.

In the capital of Accra for example, the issue of rent is severely high with landlords charging as high as 5 years rent advance to tenants.

As it stands now, rent for a two-bedroom self-contain flat in the prime areas of Accra range from 650 cedis to 1000 cedis per month under a 2 to 3 years rent advance.

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“I pay about 800 cedis in a month and it is a chamber and hall self-contain, it is highly expensive and unsustainable. Landlords are more interested in having their own monopoly over the residences they provide,” a tenant had recently complained to Citi FM.

The cost of rent in Ghana has shot up the standard of living in the country, especially making the cities of Accra, Takoradi and Kumasi the most expensive cities in Africa.

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Source: Yen.com.gh

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