Poll: What's the largest deposit you've been asked to pay while renting? Housing Minister Darragh O’Brien is bringing a memo to Cabinet today to restrict upfront payment demands made by landlords. By Adam Daly Wednesday 9 Jun 2021, 9:32 AM 1 hour ago 10,767 Views 10 Comments Image: Shutterstock/AntonGrachev Image: Shutterstock/AntonGrachev UNDER NEW PROPOSALS going before Cabinet today, all renters will only be required to supply a deposit and a month’s rent when signing a tenancy agreement – and the total value will not be allowed to exceed the value of two months’ rent. Under the new regulations, which the government plans to have passed into law by the summer, landlords will no longer be allowed to demand multiples of monthly rent amounts upfront.