Drogheda and Greystones to be in rent pressure zones from midnight tonight.   

 

Substantial Refurbishment RTB’s guidance might look like:

- “Substantial refurbishment” should involve major renovation works, such as rewiring, extensions, increasing the number of bedrooms or substantially reducing energy usage through insulation or new windows and doors, which clearly improve the quality of the accommodation being offered, to the extent that would merit an increased rent.  It’s not envisaged that this would include merely cosmetic improvement works like re-painting of a property or new carpets/flooring.

 New licensing system to properly regulate this relatively new “home-sharing” market. A cross-Government working group including, amongst others, the Department of Transport, Tourism and Sport and Fáilte Ireland as well as Minister officials, is working to design and establish an appropriate licensing and regulatory system for short-term lettings. 

 The RTB to be given the powers and resources to take on a regulatory responsibility in the rental sector.

 An offence to implement rent increases that contravene the law and the RTB will be given the powers to investigate and prosecute landlords who implement such increases. The onus will no longer be exclusively on the tenant.

 The RTB will move towards annual registration, rather than one-off registration when a tenancy is registered; this will enable the RTB to move eventually to a self-financing model where their income can fund their regulatory and advisory services.

 Introducing legislation to allow those currently charging abnormally low rents and who have been caught by the RPZ laws, an increase that is greater than the 4% and that takes into account the level of rent they are currently charging. 

 Deposit Protection Scheme will be established, operated by the Residential Tenancies Board, to handle deposits, the RTB will be able to define a deposit at one month’s rent.

 

Landlords required to notify the RTB when they issue a notice of termination.

 

 

Receivers to fulfil landlord’s obligations under legislation