Archives for News

Changes to the Residential Tenancies Act For The Duration Of The Covid-19 Crisis

Emergency Measures in the Public Interest (Covid-19) Act 2020 was signed into law on the 27th March.  It includes changes to the Residential Tenancies Act, for the duration of the Covid-19 emergency.  A copy of the Act is available for review HERE   Emergency Period The emergency is defined as the period of three months commencing on the 27th March 2020, and that period can be increased if necessary, to extend the emergency period for such period as they consider appropriate, having regard to— (i) the threat to public health presented by Covid-19, (ii) the highly contagious nature of that
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Categories: Landlord Legislation, News, and Property Management.

Emergency Legislation Introduced

New Emergency Legislation, Who Does This New Legislation Apply To? The emergency legislation applies to all tenancies governed by the Residential Tenancies Acts, including licences granted to students. Main features for Landlords are: A ban on residential rent increases during the COVID-19 crisis. No rent increase of any nature will take effect during the emergency period. This includes increases already notified and due to take effect during the emergency period. Rent increases may also not be applied retrospectively to the emergency period. A ban on terminating residential tenancies during the COVID-19 crisis. Landlords  cannot terminate tenancies for any reason during
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Categories: News and Uncategorized.

Covid-19 & Property Owners – What Is Happening Across the Waters?

Ireland The Irish Government has introduced new Emergency Legislation (Covid-19) which bans residential rent increases and prevents landlords from terminating residential tenancies during the COVID-19 crisis. The 5 main retail banks in Ireland have adopted flexibilty – such as 3 month mortgage breaks – which will be offered to those with buy-to-let mortgages whose tenants have been impacted by the virus. UK The Uk Government has put in place measures to assist property owners who have been affected by the coronavirus outbreak. The necessary legislation for England, Wales and Northern Ireland is included in the Coronavirus Act. These measures do
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Categories: News and Uncategorized.

What Can Landlords Do During Coronavirus?

  Keep informed and ensure communication with your tenants, direct your tenants to the HSE website for live updates on the coronavirus. https://www2.hse.ie/conditions/coronavirus/coronavirus.html   If your tenant has lost their job direct them immediately to the Department of Social Protection website to apply for rent supplement.  Complete any forms for them as quickly as possible. https://www.gov.ie/en/organisation/department-of-employment-affairs-and-social-protection/ . Rent is a contractual obligation; it must be paid.   It will take time for applications to be processed by the Department of Social Protection and forbearance will be required during this time. Landlords and tenants are free to decide on arrangements that suit them.
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Categories: News, Property Management, and Uncategorized.

IPOA UPDATE – CORONAVIRUS

23rd March 2020 As landlords are aware Covid 19 has placed us in a crisis situation.    IPOA are aware that our members and their tenants are anxious and the situation lacks clarity.  The Association has been liaising with Minister Murphy to ensure your issues are understood and the measures put in place are workable for our members.  IPOA made it clear that a rental payment holiday is not workable and that it is the obligation of the State to assist tenants when their income has been reduced or withdrawn.   Outlined below are a number of clarifications you may
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Categories: News and Property Management.

Majority Of Property Owners Treat Their Tenants Fairly

19th March, 2020 Stephen Faughnan, Chairman of the  IPOA has criticised the Minister for Finance and Public Expenditures comments in relation to potential eviction of tenants by property owners.  “The assumption by the Minister, Pascal Donohue that landlords will automatically seek to evict tenants in financial difficulty is grossly unfair and serves to portray property owners in a very poor and cynical light. The fact of the matter is that the vast vast majority of property owners treat their tenants very fairly and enjoy an excellent relationship with their tenants. A huge proportion of property owners have accommodated their tenants
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Categories: News.