Rents In Kildare Are To Be Capped In Line With Inflation.

Thursday, 1 July 2021 09:11

The Housing Minister says the scheme is to be reformed under new laws expected to be enacted by July 9th.

Rent increases in rent pressure zones, which includes the entirety of Co. Kildare, are to be capped in line with inflation.

Previously, landlords were only allowed increase rents for properties in these areas by 4 per cent a year.

That includes are 12,000 tenants in privately rented accommodation in Kildare.

The Housing Minister says the scheme is to be reformed under new laws expected to be enacted by July 9th.

The existence of rent pressure zones has also been extended until 2024.

Inflation was under 1 per cent last year and is currently at around 2 per cent.

Housing Minister, Darragh O’Brien, says if landlords go above that they’d be breaking the law.

New law will also ban evictions of struggling tenants for the rest of the year https://t.co/gJVxQIw9u0 via @IrishTimesBiz
— Irish Times Business (@IrishTimesBiz) June 30, 2021

Darragh O'Brien believes this change will help bring stability to the market:

Minister rent pressure zone reform proposals too little, too late - @EOBroin

“If this government is serious about protecting renters, it will ban rent increases for three years for all new and existing tenancies."https://t.co/e49JEqAdM6 pic.twitter.com/EPxhErY3c3
— Sinn Féin (@sinnfeinireland) July 1, 2021

Capped rent increases in rent pressure zones don't go far enough to protect tenants, according to some commentators.

Mairéad Cleary reports:

More from Local News

Kfm Strengthens Position As Kildare’s Most Listened-To Station, According To Latest Ipsos/MRBI Report

Kfm CEO Clem Ryan said: “This latest research is a major reflection of the power of local radio, which showcases local issues , and where advertisers reach their target customers in real time."
Quarter Of Uisce Éireann Staff Earned Over €100k Last Year

Audio

Officials from Uisce Eireann are appearing before the Public Accounts Committee, outlining the company’s financial statements for 2024.
Meath Bird Flu Case Prompts Warning, But Chicken And Turkey Safe To Eat, Says Agriculture Minister

Audio

After confirmed cases in Carlow and Cork, the Department of Agriculture is imposing a mandatory order for all poultry and captive birds to be kept indoors from next Monday.
One-Month Road Closure In Catherinestown To Start Next Week To Facilitate Maynooth Pipeline Works

The road will shut from the junction with the L5050 at Catherinstown to the L1015 at Kellystown from November 10th to December 6th.
Commuter Chaos On M7/N7 Renews Calls For Standby Emergency Response Team During Morning Gridlock

Minister for Public Expenditure and Infrastructure Jack Chambers said he would ask Transport Infrastructure Ireland (TII) and the Minister Of Transport to better resource the response to certain incidents.
Thousands Of Workers Could Get Tax Back In Time For Christmas, Says Financial Advisor

People can also claim on GP visits, prescriptions and rent - along with flat rate expenses for certain professions.
Tension In Fianna Fáil Over Alleged Rebel List, With Kildare TD Sean Ó Fearghaíl Labelled Part Of Old Guard

At a private parliamentary party meeting last night, Kildare South TD Seán Ó Fearghaíl said he was surprised to be described as part of an “old guard”, noting he is almost the same age as the party leader.
Exclusive: Cllr Bill Clear To Join Independent Ireland After Months Of Discussions

According to a source, Cllr Clear's decision to join the party was “common sense” because his views align with the party's "centre-right" positioning of the political spectrum.