The Irish Government passed emergency legislation last week to extend rent pressure zones across the entire country, with effect from 20 June 2025.
The Residential Tenancies (Amendment) Act 2025 extends rent pressure zones nationwide, with all residential tenancies now subject to a maximum annual increase in rent of 2% per annum or the rate of inflation (measured by reference to HICP), whichever is the lower. This extension applies until 28 February 2026, at which point the reforms referred to in our previous post will replace the existing rent pressure zone scheme in its entirety.
Rent reviews are now also permitted nationwide on an annual basis – previously these were permitted only once every 2 years in areas outsides of rent pressure zones.
We continue to await publication of a draft bill providing for the wider residential tenancy reforms promised by Government and will revert with further updates in this regard. Should you have any queries in the meantime, please feel free to contact Aoife Smyth, Knowledge Consultant, or your usual ALG Real Estate contact.