In a major change to how renting works in the country - every single tenancy will be in a Rent Pressure Zone
The sweeping new changes will be brought to cabinet for approval today, after being signed off by the government leaders and senior ministers last night.
This means yearly rent increases will be capped at 2% or linked to inflation - whichever is lower.
However, rents in newly built homes will only be linked to inflation.
Every action the government will take on housing will be about increasing supply so we can have more homes for our people. Today is another piece of the jigsaw puzzle- providing certainty for renters and certainty for those wanting to build. A balanced package.
— Simon Harris TD (@SimonHarrisTD) June 10, 2025
Landlords are also going to be labelled large or small depending on the number of properties they own. Large landlords will be redefined to cover anyone with four or more rental properties.
New rules will also mean landlords can only reset rents if a tenant voluntarily leaves their property.
The aim is to remove an economic incentive for landlords to try and evict their tenants for better rents.
Opposition parties have raised concerns over some aspects of the changes, and have criticised the lack of a 2% cap on new builds.
