Did you know that:
- If a tenant moves out of a property the new rent is subject to the new rent control measures (if in a rent pressure zone)
- If a property is sold the new owner can still only charge rent based on the rent that was being paid to the previous owner
- If a property in a rent pressure zone has been rented at below market rent for years, any new rent is calculated based on the old rent even if the old rent was well below market rent
- Rents in a rent pressure zone must now be calculated using a complex formula (members can use our rent calculator)
- If a rental property is in a rent pressure zone tenants must be furnished with details of the calculation of the new rent based on a complex formula contained in the legislation.
- The two year rent freeze introduced by Alan Kelly still applies, once the two year have expired rents in a rent pressure zone can be reviewed annually subject to the new formula and criteria.
Effective from 27th January the following areas have also been made rent pressure zones
Naas, Sallins , Celbridge, Leixlip, Rathangan, Kildare, Newbridge, Slane, Julianstown, Duleek, Laytown, Bettystown, Ashbourne, Dunboyne, Dunshaughlin, Ratoath, Bray, Enniskerry, Wicklow, Douglas, Ballincollig, Carrigaline and Passage West
Members click here to access the new rent calculator
Click here to see sample rent calculations
