RTB Publishes 2019 Annual Report Marking its 15th Year Supporting the Rental Sector

2019 marked another year of significant change within the rental sector and for the Residential Tenancies Board (RTB), according to Tom Dunne, Chairperson of the RTB.

Mr Dunne commented on the publication of the RTB’s 2019 Annual Report released today, which aims to present the RTB’s 2019 activity and performance within the context of the Irish rental market.

At the end of last year, there were 364,099 registered tenancies with the RTB, which included 99,123 new and renewed private rental and Approved Housing Body (AHB) tenancies. 2019 also saw 28,414 student specific tenancies registered with the RTB for the first time. This is the highest number of registered tenancies on record for the RTB.

As pressures in the housing and rental sector continued to increase during 2019, demand for the services the RTB provides continued to grow. In 2019, customer calls, emails and webchats in total increased by 7.4% to 279,426 compared to 2018.

The RTB also received 6,185 applications for dispute resolution in 2019, this represents just under 2% of tenancies registered with the RTB, demonstrating that the majority of tenancies are working well. 60% of these cases were closed within a 12-week timeframe.

The top three issues in 2019 which brought landlords and tenants to the RTB to resolve their dispute were: i) rent arrears and overholding; ii) validity of a Notice of Termination; and iii) deposit retention.

Mr Dunne, Chairperson of the RTB and previously the founding Chair of the RTB from 2004 to 2009, reflected on the organisation’s journey to date:

“2019 was a year of significant change for the RTB and was an important milestone as it marked 15 years since it was established as the Private Residential Tenancies Board (PRTB). 

When I was appointed as Chair of the PRTB in 2004, our founding vision was to support and empower both landlords and tenants navigate the complex private rental sector. This has been achieved through access to dispute resolutions services, registration of private rental tenancies, provision of research, and information and policy advice, which we continue to provide today.

The legislation enacted in July 2019 further expanded the remit of the RTB, introducing a range of changes for the residential rental sector. We received new powers to directly investigate and sanction certain breaches of rental law, which saw over 50 investigations initiated by the end of last year.

These powers enabled the RTB to become a more proactive regulator of the rental housing sector, which allows the organisation to undertake an approach that is smart, proportionate and supports all those involved on a pathway to compliance.”

In 2019, the Rent Index also continued to be an important tool in the designation of Rent Pressure Zones (RPZs) as well as monitoring the sector. In 2019, 27 Local Electoral Areas (LEAs) were designated as RPZs, bringing the total number of designated RPZs at the end of 2019 to 42 LEAs and five Local Authorities (LAs). For the first-time last year, the RTB held a Research Seminar and published two independent reports which made a significant contribution to the understanding of the impact of Rent Pressure Zones in Ireland.

Mr Dunne added:

“Looking to the future, we recognise that there are people in very challenging and uncertain situations as a result of supply and affordability issues, as well as managing the knock-on effects of COVID-19. Therefore, we must continue to adapt and implement the regulatory framework in a way that supports and serves both landlords and tenants equally in this ever-changing sector.”

The English versions of the 2019 RTB Annual Report can be downloaded here.

The Irish versions of the 2019 RTB Annual Report can be downloaded here.

Key Annual Report Figures for 2019

Disputes Resolution Services

Telephone Mediation Services

Rent Arrears Awarded

Validity of Notices of Termination

Deposit Retention

Damages Awarded

Approved Housing Bodies (AHBs)

Investigations & Sanctions Activity

 Reflecting on the RTB’s 15 years of service