Controls on rent increases for new build homes to be relaxed under new proposals

In an unexpected move, housing minister James Browne will seek to legislate for minimum six-year terms for some renters.

Controls on rent increases for new build homes will be relaxed under new plans to go to Cabinet on Tuesday.

However, existing tenancies will remain under the existing rent pressure zone system, which limits increases to the rate of inflation or 2%, whichever is lower.