We recently bought a new (old) house and were planning on renting out our current PPR (even with the new rules). Going through the mortgage process for the new house we had to get a rent certificate by an approved valuer for our current house, which stated the potential rental value to be 3 k€/month (which is similar to what we would have seen on daft for similar properties in the area). However, when I enter the house details to the RTB rent register it provides 10
comparable examples with an average rent of less than half what the valuer estimated. All 10
comparable examples are not in the area that our house it (a couple of kilometers can make a big difference to house/actual market rent prices). There are no properties listed in my area in the list of
comparable examples, however, I know for fact that there are several houses rented out in my estate and neighboring estates (I personally know one house which is the exact same as ours, which is rented for 2.8 k€/month).
Another significant issue I see is of the 10 properties provided by the RTB register, 7 are listed as commencing in Feb 2026 at a price of €1278/month, which I know are LDA cost-rental houses. The website of those properties state the rent is a "29% discount on current market rates as of Q3 2023". How can the RTB stand over including these properties as representative of market rent?
Given the landlords are legally obliged to
consider the RTB rental register, I have considered it to be BS as I have an expert opinion for my exact house which states the potential rental income to be near double the avg. rent of the 10 properties provided by the RTB rent register. While the RTB does acknowledge expert opinions can be used, they state the RTB register should carry
significant weight (which is subjective). So, I am left with two options as I see it:
- Email the RTB and notify them of the above and outline my justification for using the rental certificate
- Keep the head down and just proceed with renting out based on the rental certificate.
Minded to go with #2, as the highest rent of the 10 comparable examples they provided was 2.2 k€/month so I think the RTB are so determined to provide a list of comparable examples that are the lowest / among the lowest in an electoral area. Obviously there isn't too much sympathy for LLs among the general population but should be more be made of the abuse of power the RTB are exerting here to set their "market rent" well below the actual market rent? Ultimately renters will suffer as the RTB's approach will drive LLs out of the market and reduce supply further.