No cost rentals from AHBs which must be rented at maximum 75% of market rents.
Makes no sense to include them but they are in the PRS landlord and tenancy figures as well.
RTB Rent Register
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Makes no sense to include them but they are in the PRS landlord and tenancy figures as well.
Ah I see, so the AHB's are below market rent, but you cannot tell on the list which of those one's are AHB's? And they are known as 'cost rentals'?
They are a special type of rental owned by AHBs, higher income limits than social housing and the rent charged must be 75% of the market rent or less.
You can tell they are in your list as a large number of A rated apartments all rented at the same rent will appear.
It makes no sense, especially as the cost rental rents are often higher than the others in the list and, for example, if the cost-rental is the highest rent it is charging market rent and not 75% of market and so should reduce its rent asap.
More crazy stuff!
I've just spotted something else. I just hit Limerick City East to see what that brings up (BER B1 and size 35m2):
- a full page of A2 BER, and all the rents in Ballysimon are EXACTLY the same. (I don't know where Ballysimon is ?) That looks ot me like a low rent of property in exactly the same place, like a developer or Cluid or something? Anyone make sense of it please? In the entire list there are 22 exactly the same at the €990 .
The highest rent is €1500 in Ballyvarry May 2025 and €1400 in St. Lawrence March 2026 ....
- a full page of A2 BER, and all the rents in Ballysimon are EXACTLY the same. (I don't know where Ballysimon is ?) That looks ot me like a low rent of property in exactly the same place, like a developer or Cluid or something? Anyone make sense of it please? In the entire list there are 22 exactly the same at the €990 .
The highest rent is €1500 in Ballyvarry May 2025 and €1400 in St. Lawrence March 2026 ....
Meath Lady
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Three of those on the list are actually dated back as far as December 18, June and July 19 so most lightly have had restricted rents for the past 7 or 8 years so definitely not market rent
They are definitely cost rentals or social housing. They should not be on the list at all.
Again, shouldn't be on the list either. Rents set many years ago with only RPZ increases since are completely irrelevant to market rent.
By including old RPZ rental, cost rentals and possibly social housing as well, the RTB is deliberately making it impossible to justify an increase to market rent.
Possibly the RTB is ahead of the game by including social housing rents, that's what we'll all be doing shortly - providing social housing.
I agree that is what she said. But the RTB informed me they have no statutory time limit. That the RTB can go back to the start of the tenancy regardless of the time passed and that one could get an order against the landlord of the overpaid rent plus a find of up to 20K !
Which list? In the meantime becasue you posted this and I don't see it on the two Limerick searches I did a different search on Killarney (everyone knows there)
The first one is a 2019 rental, but it's down as 2025 when it was presumably reregistered. So that's plain wrong.
Anyone like me to do a search send me a pm with size, town/city/bedrooms ..... and I'm happy to oblige......
LEt me try somewhere else. Leitrim
- there are two from 2020, but incorrectly labelled 2026 and 2025. One has a massive 100 m2 size (I put in 35m2. )
And as I suspected, it' s not good enough to have the actual month, sure it's more helpful, but if you look at the underlined April 2026, it was first registered in the month of May. And it's not the first one like that. But if the rule is 3 months than what do you do, you could easily be out by a month and not know it ....
So to the RTB boys looking on here, you need to put in the start date of the rentals, day and month and year.
- there are two from 2020, but incorrectly labelled 2026 and 2025. One has a massive 100 m2 size (I put in 35m2. )
And as I suspected, it' s not good enough to have the actual month, sure it's more helpful, but if you look at the underlined April 2026, it was first registered in the month of May. And it's not the first one like that. But if the rule is 3 months than what do you do, you could easily be out by a month and not know it ....
So to the RTB boys looking on here, you need to put in the start date of the rentals, day and month and year.
Looks like it's this Cost Rental Development offered by the LDA...
https://lda.ie/news/lda-to-open-applications-for-81-cost-rental-homes-in-limerick
Good spot @Wavelly
Unbelievable that these are showing up in the Rent Register. How can you justify your D rated at €1,500 when these A rated beauties are renting for €990?
Apologies to you Wavelly, I've been away and missed your post.
Well spotted. I knew on here would be great.
BTW I had a closer look at the list you put up the other day. The third one on it Sept 2025 is actually Dec 20025. The 5th on August 24 is actually Sept - 9 is Sept 25 is actually Dec 25 , the one after it says Sept 25 but is in fact Oct ..............
Yes I have seen some paperwork where this 3 month is mentioned alright.
But I called the RTB to clarify this particular point.
They confirmed to me (after double checking with their colleagues) that there is no rule that you have to take rent comparables specifically dated in the last 3 months.
They said they are receiving numerous calls recently on this specific query.
I think that requirement did appear on the RTB website at one point and has now disappeared. From memory, a thread here may have a screenshot.
It is all becoming very 1984
When i contacted them on this they had no idea there was a 3 month rule on their website. So they asked me to send it to them! Which I did !! I only knew about it beause another poster on here told us about it. You can barely rely on the RTB, because they get things wrong. In addition depending on who you speak to they may give you a different answer to another person in the RTB.
@Bronte so it definitely was there on the RTB website at one stage?
It's me who mentioned it as I saw it when I review my rent mid-may. I went through the full page and this was only mentioned once. It doesn't seem to be mentioned anymore.
RTB Rent Register
I think when you are comparing you just have to use the latest 3. The latest 1 actually. In a Rising market rent is always going to be higher than one from a month or two ago. That fact just cant be argued or you are throwing hundreds of years of science and economics out the window.
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RAS tenancies are also on the register (I've seen my one). That was rented at 8% below market at the time of first letting (much further below market rent now). The 8% discount to market is standard for the scheme. There is about 16,000 RAS tenancies in the country, so that alone is ~7% of the register that's below market rent by definition.
It's extraordinary they can make up guidance and change it willy nilly. No accountability.
The Investigations and Sanctions powers under the Act came in 2019, so presumably she was conflating with that
But yes wouldn't suprise me at all they think they can go back further
I think the fine is being increased to 75k under the latest changes going through the Dail (debate on tomorrow). Potential time in prison being increased to 1 year (from 6 months currently) for getting rent wrong.