• Latest
  • Trending

New rent bill to make tenants pay one-year advance

April 27, 2018
Absa Bank hosts seminar to Equip Clients with Practical Risk Management Tools

Absa Bank hosts seminar to Equip Clients with Practical Risk Management tools

July 21, 2025
We shall always separate crime from traditional matters- Defence Minister

We shall always separate crime from traditional matters – Defence Minister

July 21, 2025
Bryan Acheampong thanks delegates after NPP Conference

Bryan Acheampong thanks delegates after NPP Conference

July 21, 2025
North Eastern Africa: Eritrea President sends caution against imminent unrest as regional tensions rise

North Eastern Africa: Eritrea President sends caution against imminent unrest as regional tensions rise

July 21, 2025
UTAG urges Prez Mahama to repeal of L.l. 2462

UTAG urges Prez. Mahama to repeal of L.l. 2462

July 21, 2025
GNAT President Demands Legal Backing and Parliamentary Representation for PTAs

GNAT President demands Legal Backing and Parliamentary representation for PTAs

July 21, 2025
Private Security Guards demand inclusion in 24-hour economy initiative

Private Security Guards demand inclusion in 24-hour economy initiative

July 21, 2025
Prez Mahama vows legal action against contractors over double payments

Prez. Mahama vows legal action against contractors over double payments

July 21, 2025
Global Media Alliance marks WPRD 5-Year Anniversary with Fireside Chat in Accra

Global Media Alliance crowns WPRD 5-Year Anniversary with Fireside Chat in Accra

July 21, 2025
Mahama Promises Fee Refund for First-Year Tertiary Students in September 2025

Mahama promises Fee refund for First-Year Tertiary students in September 2025

July 21, 2025
GTEC Warns against abuse of Academic Titles at Ceremony Honouring IGP Christian Tetteh Yohunu

GTEC warns against abuse of academic titles at ceremony honouring IGP Christian Tetteh Yohunu

July 20, 2025
When Politics Decides Who Lives and Who Loses: How Party Lines Nearly Cost Us Our Ancestral Home

When Politics Decides Who Lives and Who Loses: How Party Lines Nearly Cost Us Our Ancestral Home

July 20, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

New rent bill to make tenants pay one-year advance

in Sports
Share on FacebookShare on TwitterShare on Whatsapp

Government is putting together a new rent bill to regulate the country’s housing space.
The bill, which will be laid before Parliament soon if approved, will make tenants pay between one month to a year’s rent advance instead of the initial six-months in the existing rent law.
Per the current laws governing the renting space, ACT 1963, tenants are supposed to pay between one to six months advance rent, but landlords demand two years or more instead; a situation many have complained about.
Speaking on the Citi Breakfast Show on Thursday, Chief Rent Control Officer at the Rent Control Department, Twum Ampofo, said the sector Minister is doing everything possible to ensure that the bill is tabled before Parliament soon.
“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.”
He also said they took into consideration the issues that confront landlords before making the review.
“This is because of the conflict between the landlords and the tenants. At times the problem is that tenants are supposed to pay between one month to six months, but because of the deficit of the accommodation in this country, some people have developed their premises with the help of the estate developers. They’ve gone in for loans to build these kinds of houses for rent.”
“…So when we ask them to take one month, the one month [amount] will not help them to pay off the loans given to them…we have come to realize that it is an inconvenience for landlords. [Also] One month or three months’ rent cannot help landlords to renovate their properties. So we have taken into consideration that one year rent will resolve the matter of paying advance to help the landlords to restructure their properties,” he added.
Many Ghanaians are indeed upset about the high cost of rent in regional capitals of the country, particularly in Accra.
The lack of a proper regulation is also a concern for many, considering that in some non-prime areas in Accra, a chamber and hall self-contained accommodation facility goes for as high as Ghc800 in non-prime areas.
For most prospective tenants, dealing with housing agents is also another headache, as they feel exploited by them.
Citi News‘ Caleb Kudah, found that in a report he did recently that some of the landlords charge as high as GHc800 monthly as rent for a simple accommodation facility.
“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,” one tenant said.
Another tenant also complained about how rent in Accra, is outrageously expensive, stating that the same accommodation can be gotten for a much lesser amount in other parts of Ghana.

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

'NPP Are Liars' – A-Plus

Next Post

Mc Dementor mocks Casper and Nasty C for belittling Shatta's work

Next Post

Mc Dementor mocks Casper and Nasty C for belittling Shatta's work

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Absa Bank hosts seminar to Equip Clients with Practical Risk Management tools
  • We shall always separate crime from traditional matters – Defence Minister
  • Bryan Acheampong thanks delegates after NPP Conference
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.