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Agency increasing rent but only went up last year

  • 12-07-2017 1:37pm
    #1
    kingtut
    Registered Users, Registered Users 2 Posts: 6,488 ✭✭✭


    Hi, the agency I'm with increased the rent in July 2016 and has now said that they are planning on increasing the rent by 4%.

    It was my understanding that the increase last July meant that the rent was frozen for a period of 2 years (i.e. until July 2018) and cannot be increased until then. Anyone know for sure? Thanks in advance.


Comments

  • #2
    Lux23
    Registered Users, Registered Users 2 Posts: 7,134 ✭✭✭Lux23


    I think the two-year rent review period only applies if your rental property is outside of a rent pressure zone. I think!


  • #3
    kingtut
    Registered Users, Registered Users 2 Posts: 6,488 ✭✭✭kingtut


    Lux23 wrote: »
    I think the two-year rent review period only applies if your rental property is outside of a rent pressure zone. I think!

    Just checked and our area is considered a rent pressure zone from 27th Jan 2017. So you think that the 2 year price freeze didn't apply?


  • #4
    Lux23
    Registered Users, Registered Users 2 Posts: 7,134 ✭✭✭Lux23


    Actually, I might be wrong - sorry.

    Landlord has not reviewed the rent in previous 24 months:
    For tenancies that are already in existence a review is only permitted 24 months after the tenancy came in to existence or 24 months from the date the rent was last set. In this instance m = 24.

    https://www.rtb.ie/rent-pressure-zones/rent-pressure-zones


  • #5
    kingtut
    Registered Users, Registered Users 2 Posts: 6,488 ✭✭✭kingtut


    "For tenancies that are already in existence a review is only permitted 24 months after the tenancy came in to existence or 24 months from the date the rent was last set."

    So as our rent increased 12 months ago it's my understanding that it can't be touched for a further 12 months ... they certainly make it confusing hey!


  • #6
    Browney7
    Registered Users, Registered Users 2 Posts: 3,100 ✭✭✭Browney7


    kingtut wrote: »
    Hi, the agency I'm with increased the rent in July 2016 and has now said that they are planning on increasing the rent by 4%.

    It was my understanding that the increase last July meant that the rent was frozen for a period of 2 years (i.e. until July 2018) and cannot be increased until then. Anyone know for sure? Thanks in advance.

    Just wait to see if you get a valid review letter from the agency. If you do, then advise them that you believe the review to be invalid


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  • #7
    kingtut
    Registered Users, Registered Users 2 Posts: 6,488 ✭✭✭kingtut


    Browney7 wrote: »
    Just wait to see if you get a valid review letter from the agency. If you do, then advise them that you believe the review to be invalid

    Thanks. They e-mailed today asking if I wanted to renew the lease to which I said I did and am waiting to hear back (my gf rang them as she had a missed call and it was then that they mentioned the increase but the e-mail made no reference to it ...)


  • #8
    Victor
    Registered Users, Registered Users 2 Posts: 78,577 ✭✭✭✭Victor


    kingtut wrote: »
    Thanks. They e-mailed today asking if I wanted to renew the lease to which I said I did and am waiting to hear back (my gf rang them as she had a missed call and it was then that they mentioned the increase but the e-mail made no reference to it ...)
    In general, it is best to say that you just want to continue on a "Part 4 basis" - the agency will want you to sign a new lease for another 12 months, so they can bill the landlord. That lease ties you to the property (you can assign, but that might be difficult). However, you still have all the right of the lease by availing of Part 4.


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