Government to Regulate “Short-Term Letting” in Rent Pressure Zones from 1 July 2019 – Lexology

Any short-term lease or licence of residential property in a rent pressure zone will shortly be deemed a material change of use and so require planning permission. There will be limited exemptions for home-sharing of your principal private residence. The new rules are introduced by s38 of the Residential Tenancies (Amendment) Act 2019 as supplemented by the Planning and Development Act 2000 (Exempted Development) (No. 2) Regulations 2019 and are expected to come into effect on 1 July 2019.

1. Why and where will the rules apply?

The new rules are aimed at addressing the perceived negative impact of “holiday lets” on the availability in the ordinary private rental market of houses and apartments for rent. As this is most critically felt in areas where there is a high demand for housing, the rules will solely apply to areas designated as “Rent Pressure Zones” (“RPZs”) under the Residential Tenancies Acts.1

Continue reading this atricle at https://www.lexology.com/library/detail.aspx?g=30b83a3a-cd7f-4966-974a-4672aa804b03