LANLORDS will pay slightly more to rent out their properties after the Infrastructure Minister approved a 2.5% rise in the Rented Dwelling Licence fee.
Under a ministerial decision signed by Environment Minister Steve Luce on 8 January, the cost of a two-year licence will increase from £60 to £61.50
These updated fees will now be implemented as part of any license renewals.
The increase is to ensure licensing arrangements remain aligned with government policy for rented dwellings, according to a report accompanying a ministerial decision signed on 8 January.
Since 1 May 2024, all landlords have been required to hold a licence for each unit they rent, with renting without one becoming an offence from 1 August 2024. Licences attach to the property itself and transfer to a new owner if it is sold, although the department must be notified within 28 days.
Properties occupied for more than 30 days a year for “any reward” – including private rentals, staff accommodation, social housing and short-term lets – generally require a licence.
To obtain one, landlords must meet minimum safety standards, including five-yearly electrical inspections, annual gas safety checks and the installation of smoke and carbon monoxide alarms.
They must also provide tenants with a copy of the licence and clear complaints information.
