The Housing Minister says he broadly supports the idea of an NCT-style system for maintaining the standard of housing in the rental market.
The recommendation was outlined in a new report by Threshold, which found that two in every five renters had issues with the standard of their home.
Minister Darragh O'Brien says he'd be in favour of a regular assessment but is concerned about the consequences of further regulations:
"An NCT-type certification is something I'm positively disposed to.
"I'm also acutely aware of the measures we took in the private rental sector, we have to be careful we don't have any unintended consequences," said Minister O'Brien.
Upon the recommendation of Threshold, the Housing Minister says he’d support an NCT style system for housing, whereby landlords are obliged to have their property assessed every 4 years and submit the report to the Regional Tenancy Board pic.twitter.com/0qNe3yDJa9
— Mairéad Cleary (@maireadcleary7) June 23, 2022
The Minister continued by saying, "look at the flight of individual landlords from the market because of rising housing prices. Also, some will say because of what they see as over-regulation."
Renters are getting older and their savings are reducing.
According to this report from Threshold, the percentage of people who are renting because they cannot buy their own homes has increased from 49% in 2020 to 64% in 2022.
Just 28% of renters in this survey expect to own their home in 5 years.