Archives for News

Pointers for Serving a Notice of Termination

  April 2024 Pointers for Serving a Notice of Termination   Notice of Terminations must be copied to the RTB at the same time as served on the tenant.  The RTB request a copy of completed Notice of Return Form with the Notice of Termination. They can be emailed to NoticeofTermination@rtb.ie or posted to Residential Tenancies Board, PO Box 47 Clonakilty, Co. Cork.  The RTB should receipt the notice.   Use the notices drafted by the RTB that are on their website and do not remove any items.   The notice can be served on the tenant by post.  Express
Read More

Categories: News.

Guidelines for Housing implementation of Standards in Rented Accommodation (March 2024)

March 2024 The Department of Housing, Local Government and Heritage recently completed its review of the Guidelines for Housing Authorities in Implementation of Minimum Standards in Rented Accommodation, and an updated version was recently published. The Housing (Standards for Rented Houses) Regulations 2019, which underpin the Guidelines, have not changed and the changes to the Guidelines are very limited. The Guidelines have been updated with extra information on a number of matters and the existing text improved upon in respect of others.  The Guidelines for Housing Authorities in the implementation of Standards in Rented Accommodation (March 2024) override and supersede
Read More

Categories: News.

RTB – Reintroduction of Late Fees For Registration

13th February 2024 Starting on 1 March 2024, the RTB will resume the charging of late fees for late tenancy registration.   A late fee will be applied for each month, or part thereof, that a new tenancy registration or annual registration renewal with a start date on or after 1 March 2024 is deemed to be late.  Late fees will not be applied retrospectively.   See further details below on how the recommencement of late fees is coming into effect for upcoming and late registrations.   Upcoming New Registration or Annual Registration Renewal Late registrations: 4 April 2022 –
Read More

Categories: News.

RTB Rental Index Report

8th February 2024 The Residential Tenancies Board issued out its Rental Index Report today. 14,000 tenancies registered in Q3, 2023 reduced substantially from 22,000 in Q3, 2022, a 38% reduction. Rent levels in existing tenancies are lower than in new tenancies: Nationally the standardised average rent in Q3 2023 was higher for new tenancies than for existing tenancies (€1,598 vs €1,357), a difference of €240.35 or 17.7% per month. Nationally, rent levels in both new and existing tenancies have increased:  Nationally, in Q3 2023 the standardised average rent in new tenancies grew by 11.0% year-on-year and in existing tenancies grew
Read More

Categories: News.

6 Basics Every Lease Agreement Should include

February 2024 As a landlord your lease (tenancy) agreement is probably one of the most important documents you will use. It is the legal agreement between you and each tenant occupying your property. It outlines the rights and obligations of both parties during the tenancy and should be understood by both parties. A good lease agreement protects the interests of both parties and helps prevent disagreements that could potentially lead to disputes. A sound lease agreement is essential to the effective management of your rental property. It is good practice to put a lease agreement in place outlining the terms
Read More

Categories: News.

30th November 2023   Listen Back To IPOA’s Chairperson Mary Conway www.rte.ie/news/business/2023/1128/1418877-frustrated-landlords-complained-about-rtb-to-minister/ Landlords across Ireland are experiencing exorbitant wait times for adjudication hearings at the RTB. These delays are having a profound impact on the landlord community and the broader housing landscape. We need a streamlined, efficient, and fair resolution process to ensure the protection of rights and interests of all parties involved.   IPOA SUPPORTING LANDLORDS FOR OVER 30 YEARS   Help Us Help You – Join IPOA Today 01-8276000 / info@ipoa.ie
Read More

Categories: News.

Budget 2024 leaves small landlords with “hands bound” as tax incentives threaten to repeat past mistakes

10th October 2023 The IPOA acknowledges that the 20% tax relief on rental income introduced in Budget 2024 for the sector is a positive step in the right direction, but tying the supports to security of tenure leaves landlords with their “hands bound”. The Minister for Finance announced in today’s Budget that he is introducing a temporary 20 per cent tax relief on a portion of rental income for landlords which will disregard income of €3,000 for 2024, €4,000 for 2025, €5,000 for 2026 and 2027, so long as landlords remain in the market for a four-year period. Linking supports
Read More

Categories: News.