The rent costs in the towns and villages within the Fermoy Local Electoral Area (LEA) cannot be increased by more than 4% per year now that Fermoy Electoral Area has been named as a Rent Pressure Zone.
The news was announced this week by Minister for Housing, Planning and Local Government, Eoghan Murphy and is it welcome news for tenants in Fermoy, Mitchelstown, Doneraile and surrounding villages.
As of Monday last, June 1, The Residential Tenancies Board can carry out investigations into and sanctions against landlords in relation to breaches of the Rent Pressure Zones stipulations as well as other tenancy related incidents.
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