diff --git a/changelog.d/7595.misc b/changelog.d/7595.misc
new file mode 100644
index 000000000..7a0646b1a
--- /dev/null
+++ b/changelog.d/7595.misc
@@ -0,0 +1 @@
+Refactor `Ratelimiter` to limit the amount of expensive config value accesses.
diff --git a/synapse/api/ratelimiting.py b/synapse/api/ratelimiting.py
index 7a049b3af..ec6b3a69a 100644
--- a/synapse/api/ratelimiting.py
+++ b/synapse/api/ratelimiting.py
@@ -1,4 +1,5 @@
 # Copyright 2014-2016 OpenMarket Ltd
+# Copyright 2020 The Matrix.org Foundation C.I.C.
 #
 # Licensed under the Apache License, Version 2.0 (the "License");
 # you may not use this file except in compliance with the License.
@@ -16,75 +17,157 @@ from collections import OrderedDict
 from typing import Any, Optional, Tuple
 
 from synapse.api.errors import LimitExceededError
+from synapse.util import Clock
 
 
 class Ratelimiter(object):
     """
-    Ratelimit message sending by user.
+    Ratelimit actions marked by arbitrary keys.
+
+    Args:
+        clock: A homeserver clock, for retrieving the current time
+        rate_hz: The long term number of actions that can be performed in a second.
+        burst_count: How many actions that can be performed before being limited.
     """
 
-    def __init__(self):
-        self.message_counts = (
-            OrderedDict()
-        )  # type: OrderedDict[Any, Tuple[float, int, Optional[float]]]
+    def __init__(self, clock: Clock, rate_hz: float, burst_count: int):
+        self.clock = clock
+        self.rate_hz = rate_hz
+        self.burst_count = burst_count
 
-    def can_do_action(self, key, time_now_s, rate_hz, burst_count, update=True):
+        # A ordered dictionary keeping track of actions, when they were last
+        # performed and how often. Each entry is a mapping from a key of arbitrary type
+        # to a tuple representing:
+        #   * How many times an action has occurred since a point in time
+        #   * The point in time
+        #   * The rate_hz of this particular entry. This can vary per request
+        self.actions = OrderedDict()  # type: OrderedDict[Any, Tuple[float, int, float]]
+
+    def can_do_action(
+        self,
+        key: Any,
+        rate_hz: Optional[float] = None,
+        burst_count: Optional[int] = None,
+        update: bool = True,
+        _time_now_s: Optional[int] = None,
+    ) -> Tuple[bool, float]:
         """Can the entity (e.g. user or IP address) perform the action?
+
         Args:
             key: The key we should use when rate limiting. Can be a user ID
                 (when sending events), an IP address, etc.
-            time_now_s: The time now.
-            rate_hz: The long term number of messages a user can send in a
-                second.
-            burst_count: How many messages the user can send before being
-                limited.
-            update (bool): Whether to update the message rates or not. This is
-                useful to check if a message would be allowed to be sent before
-                its ready to be actually sent.
+            rate_hz: The long term number of actions that can be performed in a second.
+                Overrides the value set during instantiation if set.
+            burst_count: How many actions that can be performed before being limited.
+                Overrides the value set during instantiation if set.
+            update: Whether to count this check as performing the action
+            _time_now_s: The current time. Optional, defaults to the current time according
+                to self.clock. Only used by tests.
+
         Returns:
-            A pair of a bool indicating if they can send a message now and a
-                time in seconds of when they can next send a message.
+            A tuple containing:
+                * A bool indicating if they can perform the action now
+                * The reactor timestamp for when the action can be performed next.
+                  -1 if rate_hz is less than or equal to zero
         """
-        self.prune_message_counts(time_now_s)
-        message_count, time_start, _ignored = self.message_counts.get(
-            key, (0.0, time_now_s, None)
-        )
+        # Override default values if set
+        time_now_s = _time_now_s if _time_now_s is not None else self.clock.time()
+        rate_hz = rate_hz if rate_hz is not None else self.rate_hz
+        burst_count = burst_count if burst_count is not None else self.burst_count
+
+        # Remove any expired entries
+        self._prune_message_counts(time_now_s)
+
+        # Check if there is an existing count entry for this key
+        action_count, time_start, _ = self.actions.get(key, (0.0, time_now_s, 0.0))
+
+        # Check whether performing another action is allowed
         time_delta = time_now_s - time_start
-        sent_count = message_count - time_delta * rate_hz
-        if sent_count < 0:
+        performed_count = action_count - time_delta * rate_hz
+        if performed_count < 0:
+            # Allow, reset back to count 1
             allowed = True
             time_start = time_now_s
-            message_count = 1.0
-        elif sent_count > burst_count - 1.0:
+            action_count = 1.0
+        elif performed_count > burst_count - 1.0:
+            # Deny, we have exceeded our burst count
             allowed = False
         else:
+            # We haven't reached our limit yet
             allowed = True
-            message_count += 1
+            action_count += 1.0
 
         if update:
-            self.message_counts[key] = (message_count, time_start, rate_hz)
+            self.actions[key] = (action_count, time_start, rate_hz)
 
         if rate_hz > 0:
-            time_allowed = time_start + (message_count - burst_count + 1) / rate_hz
+            # Find out when the count of existing actions expires
+            time_allowed = time_start + (action_count - burst_count + 1) / rate_hz
+
+            # Don't give back a time in the past
             if time_allowed < time_now_s:
                 time_allowed = time_now_s
+
         else:
+            # XXX: Why is this -1? This seems to only be used in
+            # self.ratelimit. I guess so that clients get a time in the past and don't
+            # feel afraid to try again immediately
             time_allowed = -1
 
         return allowed, time_allowed
 
-    def prune_message_counts(self, time_now_s):
-        for key in list(self.message_counts.keys()):
-            message_count, time_start, rate_hz = self.message_counts[key]
-            time_delta = time_now_s - time_start
-            if message_count - time_delta * rate_hz > 0:
-                break
-            else:
-                del self.message_counts[key]
+    def _prune_message_counts(self, time_now_s: int):
+        """Remove message count entries that have not exceeded their defined
+        rate_hz limit
+
+        Args:
+            time_now_s: The current time
+        """
+        # We create a copy of the key list here as the dictionary is modified during
+        # the loop
+        for key in list(self.actions.keys()):
+            action_count, time_start, rate_hz = self.actions[key]
+
+            # Rate limit = "seconds since we started limiting this action" * rate_hz
+            # If this limit has not been exceeded, wipe our record of this action
+            time_delta = time_now_s - time_start
+            if action_count - time_delta * rate_hz > 0:
+                continue
+            else:
+                del self.actions[key]
+
+    def ratelimit(
+        self,
+        key: Any,
+        rate_hz: Optional[float] = None,
+        burst_count: Optional[int] = None,
+        update: bool = True,
+        _time_now_s: Optional[int] = None,
+    ):
+        """Checks if an action can be performed. If not, raises a LimitExceededError
+
+        Args:
+            key: An arbitrary key used to classify an action
+            rate_hz: The long term number of actions that can be performed in a second.
+                Overrides the value set during instantiation if set.
+            burst_count: How many actions that can be performed before being limited.
+                Overrides the value set during instantiation if set.
+            update: Whether to count this check as performing the action
+            _time_now_s: The current time. Optional, defaults to the current time according
+                to self.clock. Only used by tests.
+
+        Raises:
+            LimitExceededError: If an action could not be performed, along with the time in
+                milliseconds until the action can be performed again
+        """
+        time_now_s = _time_now_s if _time_now_s is not None else self.clock.time()
 
-    def ratelimit(self, key, time_now_s, rate_hz, burst_count, update=True):
         allowed, time_allowed = self.can_do_action(
-            key, time_now_s, rate_hz, burst_count, update
+            key,
+            rate_hz=rate_hz,
+            burst_count=burst_count,
+            update=update,
+            _time_now_s=time_now_s,
         )
 
         if not allowed:
diff --git a/synapse/config/ratelimiting.py b/synapse/config/ratelimiting.py
index 4a3bfc435..2dd94bae2 100644
--- a/synapse/config/ratelimiting.py
+++ b/synapse/config/ratelimiting.py
@@ -12,11 +12,17 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
+from typing import Dict
+
 from ._base import Config
 
 
 class RateLimitConfig(object):
-    def __init__(self, config, defaults={"per_second": 0.17, "burst_count": 3.0}):
+    def __init__(
+        self,
+        config: Dict[str, float],
+        defaults={"per_second": 0.17, "burst_count": 3.0},
+    ):
         self.per_second = config.get("per_second", defaults["per_second"])
         self.burst_count = config.get("burst_count", defaults["burst_count"])
 
diff --git a/synapse/handlers/_base.py b/synapse/handlers/_base.py
index 3b781d983..61dc4beaf 100644
--- a/synapse/handlers/_base.py
+++ b/synapse/handlers/_base.py
@@ -19,7 +19,7 @@ from twisted.internet import defer
 
 import synapse.types
 from synapse.api.constants import EventTypes, Membership
-from synapse.api.errors import LimitExceededError
+from synapse.api.ratelimiting import Ratelimiter
 from synapse.types import UserID
 
 logger = logging.getLogger(__name__)
@@ -44,11 +44,26 @@ class BaseHandler(object):
         self.notifier = hs.get_notifier()
         self.state_handler = hs.get_state_handler()
         self.distributor = hs.get_distributor()
-        self.ratelimiter = hs.get_ratelimiter()
-        self.admin_redaction_ratelimiter = hs.get_admin_redaction_ratelimiter()
         self.clock = hs.get_clock()
         self.hs = hs
 
+        # The rate_hz and burst_count are overridden on a per-user basis
+        self.request_ratelimiter = Ratelimiter(
+            clock=self.clock, rate_hz=0, burst_count=0
+        )
+        self._rc_message = self.hs.config.rc_message
+
+        # Check whether ratelimiting room admin message redaction is enabled
+        # by the presence of rate limits in the config
+        if self.hs.config.rc_admin_redaction:
+            self.admin_redaction_ratelimiter = Ratelimiter(
+                clock=self.clock,
+                rate_hz=self.hs.config.rc_admin_redaction.per_second,
+                burst_count=self.hs.config.rc_admin_redaction.burst_count,
+            )
+        else:
+            self.admin_redaction_ratelimiter = None
+
         self.server_name = hs.hostname
 
         self.event_builder_factory = hs.get_event_builder_factory()
@@ -70,7 +85,6 @@ class BaseHandler(object):
         Raises:
             LimitExceededError if the request should be ratelimited
         """
-        time_now = self.clock.time()
         user_id = requester.user.to_string()
 
         # The AS user itself is never rate limited.
@@ -83,48 +97,32 @@ class BaseHandler(object):
         if requester.app_service and not requester.app_service.is_rate_limited():
             return
 
+        messages_per_second = self._rc_message.per_second
+        burst_count = self._rc_message.burst_count
+
         # Check if there is a per user override in the DB.
         override = yield self.store.get_ratelimit_for_user(user_id)
         if override:
-            # If overriden with a null Hz then ratelimiting has been entirely
+            # If overridden with a null Hz then ratelimiting has been entirely
             # disabled for the user
             if not override.messages_per_second:
                 return
 
             messages_per_second = override.messages_per_second
             burst_count = override.burst_count
-        else:
-            # We default to different values if this is an admin redaction and
-            # the config is set
-            if is_admin_redaction and self.hs.config.rc_admin_redaction:
-                messages_per_second = self.hs.config.rc_admin_redaction.per_second
-                burst_count = self.hs.config.rc_admin_redaction.burst_count
-            else:
-                messages_per_second = self.hs.config.rc_message.per_second
-                burst_count = self.hs.config.rc_message.burst_count
 
-        if is_admin_redaction and self.hs.config.rc_admin_redaction:
-            # If we have separate config for admin redactions we use a separate
-            # ratelimiter
-            allowed, time_allowed = self.admin_redaction_ratelimiter.can_do_action(
-                user_id,
-                time_now,
-                rate_hz=messages_per_second,
-                burst_count=burst_count,
-                update=update,
-            )
+        if is_admin_redaction and self.admin_redaction_ratelimiter:
+            # If we have separate config for admin redactions, use a separate
+            # ratelimiter as to not have user_ids clash
+            self.admin_redaction_ratelimiter.ratelimit(user_id, update=update)
         else:
-            allowed, time_allowed = self.ratelimiter.can_do_action(
+            # Override rate and burst count per-user
+            self.request_ratelimiter.ratelimit(
                 user_id,
-                time_now,
                 rate_hz=messages_per_second,
                 burst_count=burst_count,
                 update=update,
             )
-        if not allowed:
-            raise LimitExceededError(
-                retry_after_ms=int(1000 * (time_allowed - time_now))
-            )
 
     async def maybe_kick_guest_users(self, event, context=None):
         # Technically this function invalidates current_state by changing it.
diff --git a/synapse/handlers/auth.py b/synapse/handlers/auth.py
index 75b39e878..119678e67 100644
--- a/synapse/handlers/auth.py
+++ b/synapse/handlers/auth.py
@@ -108,7 +108,11 @@ class AuthHandler(BaseHandler):
 
         # Ratelimiter for failed auth during UIA. Uses same ratelimit config
         # as per `rc_login.failed_attempts`.
-        self._failed_uia_attempts_ratelimiter = Ratelimiter()
+        self._failed_uia_attempts_ratelimiter = Ratelimiter(
+            clock=self.clock,
+            rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
+            burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
+        )
 
         self._clock = self.hs.get_clock()
 
@@ -196,13 +200,7 @@ class AuthHandler(BaseHandler):
         user_id = requester.user.to_string()
 
         # Check if we should be ratelimited due to too many previous failed attempts
-        self._failed_uia_attempts_ratelimiter.ratelimit(
-            user_id,
-            time_now_s=self._clock.time(),
-            rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-            burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-            update=False,
-        )
+        self._failed_uia_attempts_ratelimiter.ratelimit(user_id, update=False)
 
         # build a list of supported flows
         flows = [[login_type] for login_type in self._supported_ui_auth_types]
@@ -212,14 +210,8 @@ class AuthHandler(BaseHandler):
                 flows, request, request_body, clientip, description
             )
         except LoginError:
-            # Update the ratelimite to say we failed (`can_do_action` doesn't raise).
-            self._failed_uia_attempts_ratelimiter.can_do_action(
-                user_id,
-                time_now_s=self._clock.time(),
-                rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-                burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-                update=True,
-            )
+            # Update the ratelimiter to say we failed (`can_do_action` doesn't raise).
+            self._failed_uia_attempts_ratelimiter.can_do_action(user_id)
             raise
 
         # find the completed login type
diff --git a/synapse/handlers/message.py b/synapse/handlers/message.py
index 681f92caf..649ca1f08 100644
--- a/synapse/handlers/message.py
+++ b/synapse/handlers/message.py
@@ -362,7 +362,6 @@ class EventCreationHandler(object):
         self.profile_handler = hs.get_profile_handler()
         self.event_builder_factory = hs.get_event_builder_factory()
         self.server_name = hs.hostname
-        self.ratelimiter = hs.get_ratelimiter()
         self.notifier = hs.get_notifier()
         self.config = hs.config
         self.require_membership_for_aliases = hs.config.require_membership_for_aliases
diff --git a/synapse/handlers/register.py b/synapse/handlers/register.py
index 55a03e53e..cd746be7c 100644
--- a/synapse/handlers/register.py
+++ b/synapse/handlers/register.py
@@ -425,14 +425,7 @@ class RegistrationHandler(BaseHandler):
         if not address:
             return
 
-        time_now = self.clock.time()
-
-        self.ratelimiter.ratelimit(
-            address,
-            time_now_s=time_now,
-            rate_hz=self.hs.config.rc_registration.per_second,
-            burst_count=self.hs.config.rc_registration.burst_count,
-        )
+        self.ratelimiter.ratelimit(address)
 
     def register_with_store(
         self,
diff --git a/synapse/rest/client/v1/login.py b/synapse/rest/client/v1/login.py
index 6ac7c5142..dceb2792f 100644
--- a/synapse/rest/client/v1/login.py
+++ b/synapse/rest/client/v1/login.py
@@ -87,11 +87,22 @@ class LoginRestServlet(RestServlet):
         self.auth_handler = self.hs.get_auth_handler()
         self.registration_handler = hs.get_registration_handler()
         self.handlers = hs.get_handlers()
-        self._clock = hs.get_clock()
         self._well_known_builder = WellKnownBuilder(hs)
-        self._address_ratelimiter = Ratelimiter()
-        self._account_ratelimiter = Ratelimiter()
-        self._failed_attempts_ratelimiter = Ratelimiter()
+        self._address_ratelimiter = Ratelimiter(
+            clock=hs.get_clock(),
+            rate_hz=self.hs.config.rc_login_address.per_second,
+            burst_count=self.hs.config.rc_login_address.burst_count,
+        )
+        self._account_ratelimiter = Ratelimiter(
+            clock=hs.get_clock(),
+            rate_hz=self.hs.config.rc_login_account.per_second,
+            burst_count=self.hs.config.rc_login_account.burst_count,
+        )
+        self._failed_attempts_ratelimiter = Ratelimiter(
+            clock=hs.get_clock(),
+            rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
+            burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
+        )
 
     def on_GET(self, request):
         flows = []
@@ -124,13 +135,7 @@ class LoginRestServlet(RestServlet):
         return 200, {}
 
     async def on_POST(self, request):
-        self._address_ratelimiter.ratelimit(
-            request.getClientIP(),
-            time_now_s=self.hs.clock.time(),
-            rate_hz=self.hs.config.rc_login_address.per_second,
-            burst_count=self.hs.config.rc_login_address.burst_count,
-            update=True,
-        )
+        self._address_ratelimiter.ratelimit(request.getClientIP())
 
         login_submission = parse_json_object_from_request(request)
         try:
@@ -198,13 +203,7 @@ class LoginRestServlet(RestServlet):
 
             # We also apply account rate limiting using the 3PID as a key, as
             # otherwise using 3PID bypasses the ratelimiting based on user ID.
-            self._failed_attempts_ratelimiter.ratelimit(
-                (medium, address),
-                time_now_s=self._clock.time(),
-                rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-                burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-                update=False,
-            )
+            self._failed_attempts_ratelimiter.ratelimit((medium, address), update=False)
 
             # Check for login providers that support 3pid login types
             (
@@ -238,13 +237,7 @@ class LoginRestServlet(RestServlet):
                 # If it returned None but the 3PID was bound then we won't hit
                 # this code path, which is fine as then the per-user ratelimit
                 # will kick in below.
-                self._failed_attempts_ratelimiter.can_do_action(
-                    (medium, address),
-                    time_now_s=self._clock.time(),
-                    rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-                    burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-                    update=True,
-                )
+                self._failed_attempts_ratelimiter.can_do_action((medium, address))
                 raise LoginError(403, "", errcode=Codes.FORBIDDEN)
 
             identifier = {"type": "m.id.user", "user": user_id}
@@ -263,11 +256,7 @@ class LoginRestServlet(RestServlet):
 
         # Check if we've hit the failed ratelimit (but don't update it)
         self._failed_attempts_ratelimiter.ratelimit(
-            qualified_user_id.lower(),
-            time_now_s=self._clock.time(),
-            rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-            burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-            update=False,
+            qualified_user_id.lower(), update=False
         )
 
         try:
@@ -279,13 +268,7 @@ class LoginRestServlet(RestServlet):
             # limiter. Using `can_do_action` avoids us raising a ratelimit
             # exception and masking the LoginError. The actual ratelimiting
             # should have happened above.
-            self._failed_attempts_ratelimiter.can_do_action(
-                qualified_user_id.lower(),
-                time_now_s=self._clock.time(),
-                rate_hz=self.hs.config.rc_login_failed_attempts.per_second,
-                burst_count=self.hs.config.rc_login_failed_attempts.burst_count,
-                update=True,
-            )
+            self._failed_attempts_ratelimiter.can_do_action(qualified_user_id.lower())
             raise
 
         result = await self._complete_login(
@@ -318,13 +301,7 @@ class LoginRestServlet(RestServlet):
         # Before we actually log them in we check if they've already logged in
         # too often. This happens here rather than before as we don't
         # necessarily know the user before now.
-        self._account_ratelimiter.ratelimit(
-            user_id.lower(),
-            time_now_s=self._clock.time(),
-            rate_hz=self.hs.config.rc_login_account.per_second,
-            burst_count=self.hs.config.rc_login_account.burst_count,
-            update=True,
-        )
+        self._account_ratelimiter.ratelimit(user_id.lower())
 
         if create_non_existent_users:
             canonical_uid = await self.auth_handler.check_user_exists(user_id)
diff --git a/synapse/rest/client/v2_alpha/register.py b/synapse/rest/client/v2_alpha/register.py
index addd4cae1..b9ffe86b2 100644
--- a/synapse/rest/client/v2_alpha/register.py
+++ b/synapse/rest/client/v2_alpha/register.py
@@ -26,7 +26,6 @@ import synapse.types
 from synapse.api.constants import LoginType
 from synapse.api.errors import (
     Codes,
-    LimitExceededError,
     SynapseError,
     ThreepidValidationError,
     UnrecognizedRequestError,
@@ -396,20 +395,7 @@ class RegisterRestServlet(RestServlet):
 
         client_addr = request.getClientIP()
 
-        time_now = self.clock.time()
-
-        allowed, time_allowed = self.ratelimiter.can_do_action(
-            client_addr,
-            time_now_s=time_now,
-            rate_hz=self.hs.config.rc_registration.per_second,
-            burst_count=self.hs.config.rc_registration.burst_count,
-            update=False,
-        )
-
-        if not allowed:
-            raise LimitExceededError(
-                retry_after_ms=int(1000 * (time_allowed - time_now))
-            )
+        self.ratelimiter.ratelimit(client_addr, update=False)
 
         kind = b"user"
         if b"kind" in request.args:
diff --git a/synapse/server.py b/synapse/server.py
index ca2deb49b..fe94836a2 100644
--- a/synapse/server.py
+++ b/synapse/server.py
@@ -242,9 +242,12 @@ class HomeServer(object):
 
         self.clock = Clock(reactor)
         self.distributor = Distributor()
-        self.ratelimiter = Ratelimiter()
-        self.admin_redaction_ratelimiter = Ratelimiter()
-        self.registration_ratelimiter = Ratelimiter()
+
+        self.registration_ratelimiter = Ratelimiter(
+            clock=self.clock,
+            rate_hz=config.rc_registration.per_second,
+            burst_count=config.rc_registration.burst_count,
+        )
 
         self.datastores = None
 
@@ -314,15 +317,9 @@ class HomeServer(object):
     def get_distributor(self):
         return self.distributor
 
-    def get_ratelimiter(self):
-        return self.ratelimiter
-
-    def get_registration_ratelimiter(self):
+    def get_registration_ratelimiter(self) -> Ratelimiter:
         return self.registration_ratelimiter
 
-    def get_admin_redaction_ratelimiter(self):
-        return self.admin_redaction_ratelimiter
-
     def build_federation_client(self):
         return FederationClient(self)
 
diff --git a/synapse/util/ratelimitutils.py b/synapse/util/ratelimitutils.py
index 5ca4521ce..e5efdfcd0 100644
--- a/synapse/util/ratelimitutils.py
+++ b/synapse/util/ratelimitutils.py
@@ -43,7 +43,7 @@ class FederationRateLimiter(object):
         self.ratelimiters = collections.defaultdict(new_limiter)
 
     def ratelimit(self, host):
-        """Used to ratelimit an incoming request from given host
+        """Used to ratelimit an incoming request from a given host
 
         Example usage:
 
diff --git a/tests/api/test_ratelimiting.py b/tests/api/test_ratelimiting.py
index dbdd427ca..d580e729c 100644
--- a/tests/api/test_ratelimiting.py
+++ b/tests/api/test_ratelimiting.py
@@ -1,39 +1,97 @@
-from synapse.api.ratelimiting import Ratelimiter
+from synapse.api.ratelimiting import LimitExceededError, Ratelimiter
 
 from tests import unittest
 
 
 class TestRatelimiter(unittest.TestCase):
-    def test_allowed(self):
-        limiter = Ratelimiter()
-        allowed, time_allowed = limiter.can_do_action(
-            key="test_id", time_now_s=0, rate_hz=0.1, burst_count=1
-        )
+    def test_allowed_via_can_do_action(self):
+        limiter = Ratelimiter(clock=None, rate_hz=0.1, burst_count=1)
+        allowed, time_allowed = limiter.can_do_action(key="test_id", _time_now_s=0)
         self.assertTrue(allowed)
         self.assertEquals(10.0, time_allowed)
 
-        allowed, time_allowed = limiter.can_do_action(
-            key="test_id", time_now_s=5, rate_hz=0.1, burst_count=1
-        )
+        allowed, time_allowed = limiter.can_do_action(key="test_id", _time_now_s=5)
         self.assertFalse(allowed)
         self.assertEquals(10.0, time_allowed)
 
-        allowed, time_allowed = limiter.can_do_action(
-            key="test_id", time_now_s=10, rate_hz=0.1, burst_count=1
-        )
+        allowed, time_allowed = limiter.can_do_action(key="test_id", _time_now_s=10)
         self.assertTrue(allowed)
         self.assertEquals(20.0, time_allowed)
 
+    def test_allowed_via_ratelimit(self):
+        limiter = Ratelimiter(clock=None, rate_hz=0.1, burst_count=1)
+
+        # Shouldn't raise
+        limiter.ratelimit(key="test_id", _time_now_s=0)
+
+        # Should raise
+        with self.assertRaises(LimitExceededError) as context:
+            limiter.ratelimit(key="test_id", _time_now_s=5)
+        self.assertEqual(context.exception.retry_after_ms, 5000)
+
+        # Shouldn't raise
+        limiter.ratelimit(key="test_id", _time_now_s=10)
+
+    def test_allowed_via_can_do_action_and_overriding_parameters(self):
+        """Test that we can override options of can_do_action that would otherwise fail
+        an action
+        """
+        # Create a Ratelimiter with a very low allowed rate_hz and burst_count
+        limiter = Ratelimiter(clock=None, rate_hz=0.1, burst_count=1)
+
+        # First attempt should be allowed
+        allowed, time_allowed = limiter.can_do_action(("test_id",), _time_now_s=0,)
+        self.assertTrue(allowed)
+        self.assertEqual(10.0, time_allowed)
+
+        # Second attempt, 1s later, will fail
+        allowed, time_allowed = limiter.can_do_action(("test_id",), _time_now_s=1,)
+        self.assertFalse(allowed)
+        self.assertEqual(10.0, time_allowed)
+
+        # But, if we allow 10 actions/sec for this request, we should be allowed
+        # to continue.
+        allowed, time_allowed = limiter.can_do_action(
+            ("test_id",), _time_now_s=1, rate_hz=10.0
+        )
+        self.assertTrue(allowed)
+        self.assertEqual(1.1, time_allowed)
+
+        # Similarly if we allow a burst of 10 actions
+        allowed, time_allowed = limiter.can_do_action(
+            ("test_id",), _time_now_s=1, burst_count=10
+        )
+        self.assertTrue(allowed)
+        self.assertEqual(1.0, time_allowed)
+
+    def test_allowed_via_ratelimit_and_overriding_parameters(self):
+        """Test that we can override options of the ratelimit method that would otherwise
+        fail an action
+        """
+        # Create a Ratelimiter with a very low allowed rate_hz and burst_count
+        limiter = Ratelimiter(clock=None, rate_hz=0.1, burst_count=1)
+
+        # First attempt should be allowed
+        limiter.ratelimit(key=("test_id",), _time_now_s=0)
+
+        # Second attempt, 1s later, will fail
+        with self.assertRaises(LimitExceededError) as context:
+            limiter.ratelimit(key=("test_id",), _time_now_s=1)
+        self.assertEqual(context.exception.retry_after_ms, 9000)
+
+        # But, if we allow 10 actions/sec for this request, we should be allowed
+        # to continue.
+        limiter.ratelimit(key=("test_id",), _time_now_s=1, rate_hz=10.0)
+
+        # Similarly if we allow a burst of 10 actions
+        limiter.ratelimit(key=("test_id",), _time_now_s=1, burst_count=10)
+
     def test_pruning(self):
-        limiter = Ratelimiter()
-        allowed, time_allowed = limiter.can_do_action(
-            key="test_id_1", time_now_s=0, rate_hz=0.1, burst_count=1
-        )
+        limiter = Ratelimiter(clock=None, rate_hz=0.1, burst_count=1)
+        limiter.can_do_action(key="test_id_1", _time_now_s=0)
 
-        self.assertIn("test_id_1", limiter.message_counts)
+        self.assertIn("test_id_1", limiter.actions)
 
-        allowed, time_allowed = limiter.can_do_action(
-            key="test_id_2", time_now_s=10, rate_hz=0.1, burst_count=1
-        )
+        limiter.can_do_action(key="test_id_2", _time_now_s=10)
 
-        self.assertNotIn("test_id_1", limiter.message_counts)
+        self.assertNotIn("test_id_1", limiter.actions)
diff --git a/tests/handlers/test_profile.py b/tests/handlers/test_profile.py
index 8aa56f149..29dd7d9c6 100644
--- a/tests/handlers/test_profile.py
+++ b/tests/handlers/test_profile.py
@@ -14,7 +14,7 @@
 # limitations under the License.
 
 
-from mock import Mock, NonCallableMock
+from mock import Mock
 
 from twisted.internet import defer
 
@@ -55,12 +55,8 @@ class ProfileTestCase(unittest.TestCase):
             federation_client=self.mock_federation,
             federation_server=Mock(),
             federation_registry=self.mock_registry,
-            ratelimiter=NonCallableMock(spec_set=["can_do_action"]),
         )
 
-        self.ratelimiter = hs.get_ratelimiter()
-        self.ratelimiter.can_do_action.return_value = (True, 0)
-
         self.store = hs.get_datastore()
 
         self.frank = UserID.from_string("@1234ABCD:test")
diff --git a/tests/replication/slave/storage/_base.py b/tests/replication/slave/storage/_base.py
index 32cb04645..56497b847 100644
--- a/tests/replication/slave/storage/_base.py
+++ b/tests/replication/slave/storage/_base.py
@@ -13,7 +13,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-from mock import Mock, NonCallableMock
+from mock import Mock
 
 from tests.replication._base import BaseStreamTestCase
 
@@ -21,12 +21,7 @@ from tests.replication._base import BaseStreamTestCase
 class BaseSlavedStoreTestCase(BaseStreamTestCase):
     def make_homeserver(self, reactor, clock):
 
-        hs = self.setup_test_homeserver(
-            federation_client=Mock(),
-            ratelimiter=NonCallableMock(spec_set=["can_do_action"]),
-        )
-
-        hs.get_ratelimiter().can_do_action.return_value = (True, 0)
+        hs = self.setup_test_homeserver(federation_client=Mock())
 
         return hs
 
diff --git a/tests/rest/client/v1/test_events.py b/tests/rest/client/v1/test_events.py
index b54b06482..f75520877 100644
--- a/tests/rest/client/v1/test_events.py
+++ b/tests/rest/client/v1/test_events.py
@@ -15,7 +15,7 @@
 
 """ Tests REST events for /events paths."""
 
-from mock import Mock, NonCallableMock
+from mock import Mock
 
 import synapse.rest.admin
 from synapse.rest.client.v1 import events, login, room
@@ -40,11 +40,7 @@ class EventStreamPermissionsTestCase(unittest.HomeserverTestCase):
         config["enable_registration"] = True
         config["auto_join_rooms"] = []
 
-        hs = self.setup_test_homeserver(
-            config=config, ratelimiter=NonCallableMock(spec_set=["can_do_action"])
-        )
-        self.ratelimiter = hs.get_ratelimiter()
-        self.ratelimiter.can_do_action.return_value = (True, 0)
+        hs = self.setup_test_homeserver(config=config)
 
         hs.get_handlers().federation_handler = Mock()
 
diff --git a/tests/rest/client/v1/test_login.py b/tests/rest/client/v1/test_login.py
index 0f0f7ca72..9033f09fd 100644
--- a/tests/rest/client/v1/test_login.py
+++ b/tests/rest/client/v1/test_login.py
@@ -29,7 +29,6 @@ class LoginRestServletTestCase(unittest.HomeserverTestCase):
     ]
 
     def make_homeserver(self, reactor, clock):
-
         self.hs = self.setup_test_homeserver()
         self.hs.config.enable_registration = True
         self.hs.config.registrations_require_3pid = []
@@ -38,10 +37,20 @@ class LoginRestServletTestCase(unittest.HomeserverTestCase):
 
         return self.hs
 
+    @override_config(
+        {
+            "rc_login": {
+                "address": {"per_second": 0.17, "burst_count": 5},
+                # Prevent the account login ratelimiter from raising first
+                #
+                # This is normally covered by the default test homeserver config
+                # which sets these values to 10000, but as we're overriding the entire
+                # rc_login dict here, we need to set this manually as well
+                "account": {"per_second": 10000, "burst_count": 10000},
+            }
+        }
+    )
     def test_POST_ratelimiting_per_address(self):
-        self.hs.config.rc_login_address.burst_count = 5
-        self.hs.config.rc_login_address.per_second = 0.17
-
         # Create different users so we're sure not to be bothered by the per-user
         # ratelimiter.
         for i in range(0, 6):
@@ -80,10 +89,20 @@ class LoginRestServletTestCase(unittest.HomeserverTestCase):
 
         self.assertEquals(channel.result["code"], b"200", channel.result)
 
+    @override_config(
+        {
+            "rc_login": {
+                "account": {"per_second": 0.17, "burst_count": 5},
+                # Prevent the address login ratelimiter from raising first
+                #
+                # This is normally covered by the default test homeserver config
+                # which sets these values to 10000, but as we're overriding the entire
+                # rc_login dict here, we need to set this manually as well
+                "address": {"per_second": 10000, "burst_count": 10000},
+            }
+        }
+    )
     def test_POST_ratelimiting_per_account(self):
-        self.hs.config.rc_login_account.burst_count = 5
-        self.hs.config.rc_login_account.per_second = 0.17
-
         self.register_user("kermit", "monkey")
 
         for i in range(0, 6):
@@ -119,10 +138,20 @@ class LoginRestServletTestCase(unittest.HomeserverTestCase):
 
         self.assertEquals(channel.result["code"], b"200", channel.result)
 
+    @override_config(
+        {
+            "rc_login": {
+                # Prevent the address login ratelimiter from raising first
+                #
+                # This is normally covered by the default test homeserver config
+                # which sets these values to 10000, but as we're overriding the entire
+                # rc_login dict here, we need to set this manually as well
+                "address": {"per_second": 10000, "burst_count": 10000},
+                "failed_attempts": {"per_second": 0.17, "burst_count": 5},
+            }
+        }
+    )
     def test_POST_ratelimiting_per_account_failed_attempts(self):
-        self.hs.config.rc_login_failed_attempts.burst_count = 5
-        self.hs.config.rc_login_failed_attempts.per_second = 0.17
-
         self.register_user("kermit", "monkey")
 
         for i in range(0, 6):
diff --git a/tests/rest/client/v1/test_rooms.py b/tests/rest/client/v1/test_rooms.py
index 7dd86d0c2..4886bbb40 100644
--- a/tests/rest/client/v1/test_rooms.py
+++ b/tests/rest/client/v1/test_rooms.py
@@ -20,7 +20,7 @@
 
 import json
 
-from mock import Mock, NonCallableMock
+from mock import Mock
 from six.moves.urllib import parse as urlparse
 
 from twisted.internet import defer
@@ -46,13 +46,8 @@ class RoomBase(unittest.HomeserverTestCase):
     def make_homeserver(self, reactor, clock):
 
         self.hs = self.setup_test_homeserver(
-            "red",
-            http_client=None,
-            federation_client=Mock(),
-            ratelimiter=NonCallableMock(spec_set=["can_do_action"]),
+            "red", http_client=None, federation_client=Mock(),
         )
-        self.ratelimiter = self.hs.get_ratelimiter()
-        self.ratelimiter.can_do_action.return_value = (True, 0)
 
         self.hs.get_federation_handler = Mock(return_value=Mock())
 
diff --git a/tests/rest/client/v1/test_typing.py b/tests/rest/client/v1/test_typing.py
index 4bc3aaf02..18260bb90 100644
--- a/tests/rest/client/v1/test_typing.py
+++ b/tests/rest/client/v1/test_typing.py
@@ -16,7 +16,7 @@
 
 """Tests REST events for /rooms paths."""
 
-from mock import Mock, NonCallableMock
+from mock import Mock
 
 from twisted.internet import defer
 
@@ -39,17 +39,11 @@ class RoomTypingTestCase(unittest.HomeserverTestCase):
     def make_homeserver(self, reactor, clock):
 
         hs = self.setup_test_homeserver(
-            "red",
-            http_client=None,
-            federation_client=Mock(),
-            ratelimiter=NonCallableMock(spec_set=["can_do_action"]),
+            "red", http_client=None, federation_client=Mock(),
         )
 
         self.event_source = hs.get_event_sources().sources["typing"]
 
-        self.ratelimiter = hs.get_ratelimiter()
-        self.ratelimiter.can_do_action.return_value = (True, 0)
-
         hs.get_handlers().federation_handler = Mock()
 
         def get_user_by_access_token(token=None, allow_guest=False):
diff --git a/tests/rest/client/v2_alpha/test_register.py b/tests/rest/client/v2_alpha/test_register.py
index 5637ce209..7deaf5b24 100644
--- a/tests/rest/client/v2_alpha/test_register.py
+++ b/tests/rest/client/v2_alpha/test_register.py
@@ -29,6 +29,7 @@ from synapse.rest.client.v1 import login, logout
 from synapse.rest.client.v2_alpha import account, account_validity, register, sync
 
 from tests import unittest
+from tests.unittest import override_config
 
 
 class RegisterRestServletTestCase(unittest.HomeserverTestCase):
@@ -146,10 +147,8 @@ class RegisterRestServletTestCase(unittest.HomeserverTestCase):
         self.assertEquals(channel.result["code"], b"403", channel.result)
         self.assertEquals(channel.json_body["error"], "Guest access is disabled")
 
+    @override_config({"rc_registration": {"per_second": 0.17, "burst_count": 5}})
     def test_POST_ratelimiting_guest(self):
-        self.hs.config.rc_registration.burst_count = 5
-        self.hs.config.rc_registration.per_second = 0.17
-
         for i in range(0, 6):
             url = self.url + b"?kind=guest"
             request, channel = self.make_request(b"POST", url, b"{}")
@@ -168,10 +167,8 @@ class RegisterRestServletTestCase(unittest.HomeserverTestCase):
 
         self.assertEquals(channel.result["code"], b"200", channel.result)
 
+    @override_config({"rc_registration": {"per_second": 0.17, "burst_count": 5}})
     def test_POST_ratelimiting(self):
-        self.hs.config.rc_registration.burst_count = 5
-        self.hs.config.rc_registration.per_second = 0.17
-
         for i in range(0, 6):
             params = {
                 "username": "kermit" + str(i),