diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 88f6566fb1..e6d299e6ea 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -38,7 +38,7 @@ repos:
           - "jinja2>=2.11.3"         # 3.1.2 / 3.1.2
           - "packaging>=20"          # 20 seems to be available with RHEL8
           - "pint>=0.16.1"           # 0.16.1
-          - "pydantic>=1.10, <2.0"
+          - "pydantic>=1.10.14"
           - "pygments>=2.7.4"        # 2.7.4 is the current one available for RHEL9
           - "requests>=2.25.1"       # 2.28.2 / 2.31.0
           - "ruamel.yaml>=0.16.6"    # 0.17.32 / 0.17.32
@@ -87,7 +87,7 @@ repos:
           - "jinja2>=2.11.3"         # 3.1.2 / 3.1.2
           - "packaging>=20"          # 20 seems to be available with RHEL8
           - "pint>=0.16.1"           # 0.16.1 / 0.19.x  TODO: Pint 0.20 requires larger changes to tmt.hardware
-          - "pydantic>=1.10, <2.0"
+          - "pydantic>=1.10.14"
           - "pygments>=2.7.4"        # 2.7.4 is the current one available for RHEL9
           - "requests>=2.25.1"       # 2.28.2 / 2.31.0
           - "ruamel.yaml>=0.16.6"    # 0.17.32 / 0.17.32
@@ -160,7 +160,7 @@ repos:
         - "docutils>=0.16"         # 0.16 is the current one available for RHEL9
         - "packaging>=20"          # 20 seems to be available with RHEL8
         - "pint<0.20"
-        - "pydantic>=1.10, <2.0"
+        - "pydantic>=1.10.14"
         - "pygments>=2.7.4"        # 2.7.4 is the current one available for RHEL9
         # Help installation by reducing the set of inspected botocore release.
         # There is *a lot* of them, and hatch might fetch many of them.
diff --git a/pyproject.toml b/pyproject.toml
index 380b6bf946..7a67a398ac 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -36,7 +36,7 @@ dependencies = [              # F39 / PyPI
     "jinja2>=2.11.3",         # 3.1.2 / 3.1.2
     "packaging>=20",          # 20 seems to be available with RHEL8
     "pint>=0.16.1",           # 0.16.1
-    "pydantic>=1.10, <2.0",
+    "pydantic>=1.10.14",
     "pygments>=2.7.4",        # 2.7.4 is the current one available for RHEL9
     "requests>=2.25.1",       # 2.28.2 / 2.31.0
     "ruamel.yaml>=0.16.6",    # 0.17.32 / 0.17.32
@@ -241,6 +241,7 @@ ignore = [
     "docs/**",
     "examples/**",
     "tests/**",
+    "tmt/_compat/pydantic.py",
     "tmt/export/*.py",
     "tmt/plugins/*.py",
     "tmt/steps/*.py",
@@ -412,11 +413,15 @@ builtins-ignorelist = ["help", "format", "input", "filter", "copyright", "max"]
 "typing_extensions.Self".msg = "Use tmt._compat.typing.Self instead."
 "pathlib.Path".msg = "Use tmt._compat.pathlib.Path instead."
 "pathlib.PosixPath".msg = "Use tmt._compat.pathlib.Path instead."
+"pydantic".msg = "Use tmt._compat.pydantic instead."
 "warnings.deprecated".msg = "Use tmt._compat.warnings.deprecated instead."
 "os.path".msg = "Use tmt._compat.pathlib.Path and pathlib instead."
 # Banning builtins is not yet supported: https://github.com/astral-sh/ruff/issues/10079
 # "builtins.open".msg = "Use Path.{write_text,append_text,read_text,write_bytes,read_bytes} instead."
 
+[tool.ruff.lint.flake8-type-checking]
+runtime-evaluated-base-classes = ["tmt.config.models.BaseConfig"]
+
 [tool.ruff.lint.isort]
 known-first-party = ["tmt"]
 
diff --git a/tmt/_compat/pydantic.py b/tmt/_compat/pydantic.py
new file mode 100644
index 0000000000..b4608347f0
--- /dev/null
+++ b/tmt/_compat/pydantic.py
@@ -0,0 +1,26 @@
+# mypy: disable-error-code="assignment"
+from __future__ import annotations
+
+import pydantic
+
+if pydantic.__version__.startswith('1.'):
+    from pydantic import (
+        BaseModel,
+        Extra,
+        HttpUrl,
+        ValidationError,
+        )
+else:
+    from pydantic.v1 import (
+        BaseModel,
+        Extra,
+        HttpUrl,
+        ValidationError,
+        )
+
+__all__ = [
+    "BaseModel",
+    "Extra",
+    "HttpUrl",
+    "ValidationError",
+    ]
diff --git a/tmt/config/__init__.py b/tmt/config/__init__.py
index adbff3d4c1..3fa118b39e 100644
--- a/tmt/config/__init__.py
+++ b/tmt/config/__init__.py
@@ -5,10 +5,10 @@
 
 import fmf
 import fmf.utils
-from pydantic import ValidationError
 
 import tmt.utils
 from tmt._compat.pathlib import Path
+from tmt._compat.pydantic import ValidationError
 from tmt.config.models.link import LinkConfig
 
 # Config directory
diff --git a/tmt/config/models/__init__.py b/tmt/config/models/__init__.py
index a7dbb88727..6a1635216f 100644
--- a/tmt/config/models/__init__.py
+++ b/tmt/config/models/__init__.py
@@ -1,4 +1,4 @@
-from pydantic import BaseModel, Extra
+from tmt._compat.pydantic import BaseModel, Extra
 
 
 def create_alias(name: str) -> str:
diff --git a/tmt/config/models/link.py b/tmt/config/models/link.py
index 27d8a5b324..06b82e07ce 100644
--- a/tmt/config/models/link.py
+++ b/tmt/config/models/link.py
@@ -1,6 +1,6 @@
 from enum import Enum
 
-from pydantic import HttpUrl
+from tmt._compat.pydantic import HttpUrl
 
 from . import BaseConfig
 
diff --git a/tmt/utils/jira.py b/tmt/utils/jira.py
index b657934f53..13df0aa457 100644
--- a/tmt/utils/jira.py
+++ b/tmt/utils/jira.py
@@ -89,7 +89,7 @@ def from_issue_url(
                 continue
 
             # Issue url must match
-            if issue_url.startswith(issue_tracker.url):
+            if issue_url.startswith(str(issue_tracker.url)):
                 return JiraInstance(issue_tracker, logger=logger)
 
         return None