Rent rises are to be capped in seven Kildare towns.
This means that landlords will only be able to hike rents by a maximum of 4% annually in Naas, Sallins, Newbridge, Celbridge, Leixlip, Rathangan, and Kildare town.
Minister Simon Coveney today announced that the Kildare towns, plus areas in Meath, Wicklow, Galway and Cork, would join Dublin and Cork cities as designated ‘Rent Pressure Zones (RPZs). The new regulations will come into effect tomorrow, Friday January 27.
The rental market in RPZs is characterised as having been above the national average, and rising by at least 7% in recent times.
While this is good news for hard-pressed renters in Kildare’s commuter belt, the move has been slammed for not going far enough.
Kildare North Fianna Fáil TD James Lawless criticized the Minister’s omission of Clane, Kill and Maynooth from the list of Kildare towns included.
“Clane in particular has experienced major rent increases in recent years and Maynooth has the added complication of the student demand each autumn," said Deputy Lawless.
A Leinster Leader analysis of Rental Tenancies Board figures carried out in December found that Clane experienced the national largest rise for semi-detatched houses in the State over the last four years.