Archives for News

UIPI Survey on Retrofitting to Improve Energy Efficiency

UIPI Survey on Retrofitting to Improve Energy Efficiency

The UIPI (International Property Owners Association) are looking for completion of a survey that aims to assess how EU citizens, property owners and real estate companies feel about their properties and the need to retrofit to improve energy efficiency, as well as to evaluate the impact of the health crisis on their intentions.   They need as many responses as possible.  It will take under 5 minutes and we would encourage every  IPOA member to complete it.   Link to Survey
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Categories: News and Uncategorized.
Important – Legislation Update

Important – Legislation Update

13th January, 2021 Part 3 of the Planning and Development, and Residential Tenancies, Act 2020 (PDRTA) was enacted on 19 December 2020 to provide for temporary modifications to the operation of the Residential Tenancies Act 2004.   During the period from 11 January up to and including 12 April 2021 and subject to certain conditions, a 90-day (rather than the usual 28 days) termination notice period applies, where a tenant is in rent arrears due to Covid-19 and is at risk of losing their tenancy. The earliest termination date allowed in such circumstances is 13 April 2021. Rent increases are
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Categories: Landlord Legislation and News.
Level 5 Restrictions – Update

Level 5 Restrictions – Update

9th January, 2021 Level 5 restrictions recommenced on the 30th December 2020. Any time there is a 5km restriction imposed on people’s movements, in line with public health restrictions, the moratorium on evictions will automatically kick-in. Level 5 does not restrict the serving of a Notice of Termination. There may be a revised date on the termination but you may serve it giving the normal required period of time. The additional time resulting from the increased protection will be added to the notice after it is served.   Existing tenancy protections mean that a tenant cannot be made to leave
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Categories: News.
Further Amending To The Residential Tenancies Act 2004

Further Amending To The Residential Tenancies Act 2004

21st December, 2020 President Higgins signed the Planning and Development, and Residential Tenancies Bill 2020 into Law on the 19th December 2020, further amending the Residential Tenancies Act 2004.   From a cursory reading we note the following:- It extends the protections for tenants in arrears as a result of Covid-19 from 11th January 2021 to 12th April 2021 and prevents rent increases for these tenants during the period.   The new protections shall apply where the tenant: makes the necessary written declaration, that he or she is unable to pay rent due on foot of Covid-19, and is at
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Categories: Landlord Legislation and News.
Research by KPMG

Research by KPMG

KPMG Future Analytics have been commissioned to undertake research into the methods by which the sustainability and attractiveness of the rental sector might be improved in Ireland. A key objective of the project is to provide a robust evidence base to aid in supporting future decisions in relation to the sustainability of the rental sector by engaging with a range of stakeholders including those currently residing in each core housing tenure in Ireland (the private rental sector, social housing and home ownership), landlords/investors, relevant public officials and representatives from the social housing sector. The project is particularly focused on the
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Categories: News.
Emergency Period – Ends

Emergency Period – Ends

1st December, 2020 The Emergency Period under the Residential Tenancies Act 2020, which began on 22nd October 2020, will expire tonight at midnight. This means that from 2nd December 2020, the usual tenancy rules apply again unless a tenant is in rent arrears because of Covid-19, in which case the protections under the Residential Tenancies and Valuation Act 2020 apply. Terminations are now permitted – you must pay careful attention when calculating notice periods, taking into consideration any pauses for emergency periods. The Residential Tenancies Act 2020 introduced a revised tenancy termination date with a 10-day grace period, which means
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Categories: News and Uncategorized.
Change In Behaviour In The Market

Change In Behaviour In The Market

9th November, 2020 The Daft Report on Rents for the third quarter of 2020 was issued today. It reflects the experience of our members, who advised that there has been a change in behaviour in the market, with tenants in certain industries working remotely and abandoning properties in Dublin city, resulting in increased availability in the city centre and increasing demand outside Dublin. Overall rents were up nationally year on year by 1.2%. Average listed monthly rent and year-on-year change – major cities, 2020 Q3 • Dublin City: €2,028 – rent down 0.8% • Cork City: €1,443 – rent up
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Categories: News.