Archives for News

New Government – Who is Who in Housing?

Appointment of Ministers – Department of Housing, Local Government and Heritage Darragh O’Brien T.D. has been appointed Minister for Housing, Local Government and Heritage. T: 01-6183802 E: darragh.obrien@oireachtas.ie           Peter Burke T.D. has been appointed as Minister of State for Local Government and Planning within the Department. T: 01-6183070 E: peter.burke@oir.ie           Malcolm Noonan T.D. has been appointed as Minister of State Minister Noonan has been appointed as the Minister for Heritage and Electoral Reform within the Department. T:01-6183148 E: malcolm.noonan@oireachtas.ie           You Know Who To Contact –
Read More

Categories: News and Uncategorized.

Emergency Legislation Extended Until 20th July 2020

The Emergency Measures introduced by the Government to the Residential Tenancies Act have been extended until the 20th July 2020. 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   Please Note: Notices of Termination – No notice of termination may be served during the emergency period. Notices served prior to the emergency period will have a revised termination date.  The emergency period is added to the
Read More

Categories: News.

Daft Report May 2020 – Long-term Issues Remain The Same.

The Daft report released today outlined information on the May rental market during the Covid-19 Emergency. Click HERE for full reading on the Daft Report. The situation around Covid-19 has upset business in Ireland and the rental business is no exception and has also been substantially disrupted.  A lot of tenants returned home in March at the commencement of lockdown and tenancies were terminated and, in some cases, abandoned. Stephen Faughnan, IPOA Chairman outlined “The lockdown restricted re-letting and in spite of demand being high, Government guidelines restricted the showing of property as it was not deemed an essential service.
Read More

Categories: News.

Reopening of Business

For your information, please be advised that the Property Services Regulatory Authority (PSRA) together with the Society of Chartered Surveyors Ireland (SCSI) and the Institute of Professional Auctioneers and Valuers (IPAV) have published a ‘Joint Sector Protocol for Property Services Providers’ safety document, the aim of which is to facilitate the safe reopening of the property market in Phase 2 (8th June). The comprehensive guidance in the documents below may assist you in your preparation for reopening. Information in Preparing for Reopening: The Return To Work Safely Protocol – Click HERE Joint Sector Protocol For Property Service Providers (SCSI/IPAV/PSRA) –
Read More

Categories: News.

Surplus Of Properties Will Be Shortlived – Long Term Supply Is Still An Issue

The Daft report released today outlined information on the rental market for the first quarter of 2020, it also included some information on the situation that has developed since the Covid-19 Emergency. IPOA’s view is that the effects of the current Covid-19 situation is unlikely to change any of the long-term housing needs. While the immediate indication might be a lowering of rents, there is a continued danger of private landlords leaving the sector and in the long term we will continue to see a shortage of rental properties. Landlords and tenants are now facing challenging and problematic situations. Foreign
Read More

Categories: News and Uncategorized.

Be Alert and Aware of Scams

Please be aware of potential scams. IPOA have been notified by landlords of the following situation.  A response is received to an advertisement placed by a landlord. The potential tenant will state that he/she is a foreign national working abroad being transferred to Ireland, and needs to organise the accommodation in advance. A copy of passport, work and previous landlord references may be sent. (It is unlikely that the references can be checked). A copy of the lease will be requested for the company who will allegedly be paying the rent.  It will be acknowledged and a claim made that
Read More

Categories: First Time Landlord, News, and Uncategorized.

RTB Rent Index Issued – 5 New Areas Designated Rent Pressure Zones

The RTB Rent Index for quarter four 2019 issued today, shows a 6.4% annual increase in national standardised average rents, the lowest recorded annual increase since Q1 2014. In Dublin, the standardised average rent is now €1,716 per month, up 5% (€82) year-on-year. On a quarterly basis, the Dublin standardised average rent decreased by €33 (-1.9%) in comparison to Q3 2019. The Q4 2019 RTB Rent Index shows the national standardised average rent was €1,226 per month. Outside of Dublin, the standardised average rent is considerably less, standing at €922 in Q4 2019. National Standardised monthly rent  –  New Tenancies
Read More

Categories: News.