Landlords to be restricted to rent rises every 2 years

Landlords are to only be allowed to increase their residential tenants’ rents every two years rather than annually as is presently the case.

Details of the deal between Finance Minister Michael Noonan and Environment Minister Alan Kelly emerged late last night. It is set to come before Cabinet next week.

It is believed the measure will be kept in place for the next four years with annual rent reviews likely to return after that.