March 2022 Little Confidence, No Stability In The Sector – Concern Grows As Landlords Leave. IPOA Margaret McCormick Speaks To RTE – Listen to piece @ 34mins 09 seconds https://www.rte.ie/news/player/six-one-news-web/2022/0325/ IPOA SUPPORTING LANDLORDS 01-8276000
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Archives for News
RTB Annual Registration Coming – 4th April 2022
March 2022 RTB Annual Tenancy Registration is coming into effect from the 4th of April 2022. This means that landlords must register their tenancy every year, within one month of the anniversary of when that tenancy began. This change will apply to new and existing tenancies. There is a four-month transition period, when no late fees will be charged. This transition period will end on the 3rd of August 2022. Annual registration will change the standard fees and late fees for registration for the private rental and the social housing sector (see below table). It is important that all
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Electricity Costs (Domestic Electricity Accounts) Emergency Measures Act 2022
March 2022 The Electricity Costs (Domestic Electricity Accounts) Emergency Measures Act 2022 was signed into law on 04 March 2022 establishing the Electricity Costs Emergency Benefit Scheme which will allow for €200 (inclusive of VAT) to be credited to all domestic electricity accounts. The €176.22 credit line (ex VAT) is the amount consumers will see as a credit line item on their bills. Consumers will not need to apply for this or take any further action as the credit will be automatic. Those who pay for the electricity should be beneficiaries of the Scheme. The credit is designed to provide
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Sharp Increase In Landlords Leaving The Sector
March 2022 Worrying For Housing Supply – 1000 Termination Notices Issued – Quater 4 2021 – Over Half For Intent To Sell IPOA’S Margaret McCormick Speaks On Drivetime Listen HERE
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Working Group to Examine Defects in Housing – Survey
February 2022 The Working Group to Examine Defects in Housing is asking people to provide information on their experiences of defects relating to fire safety, structural safety, and water ingress in purpose-built apartment and duplex buildings constructed in Ireland between 1991 and 2013. Using online surveys the Working Group is seeking the experiences of: Homeowners (both current and former) Landlords (including private investor/owner, institutional/commercial, Approved Housing Body, Local Authority, etc.) Directors of Owners’ Management Companies (OMCs) Property Management Agents Information is sought from people regardless of whether such defects in those properties are currently known, unknown, or
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Residential Tenancies (Amendment) (No. 2) Act 2021 – Commenced
11th December, 2021 The Residential Tenancies (Amendment) (No. 2) Act 2021 commenced on the 11th December 2021. From 11th December 2021 restricts rent increases in Rent Pressure Zones from exceeding general inflation and will be subject to a cap of 2% per year on a pro rata basis, where HICP inflation is higher. provide for tenancies of unlimited duration providing security of tenure for tenants. This applies to all new tenancies created on or after 11th June 2022. Existing six year tenancies if not terminated prior to the end of the part 4 tenancy, will become tenancies of indefinite duration.
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More Changes On The Way For Landlords – The Residential Tenancies (Amendment) (No.2) Bill 2021
The Residential Tenancies (Amendment) (No.2) Bill 2021 provides for: an amendment to the current prohibition on any rent increase in a Rent Pressure Zone (RPZ) from exceeding general inflation (as recorded by the Harmonised Index of Consumer Prices (HICP)) to insert a new condition that the rent last set cannot increase by more than 2% per annum pro rata. enhanced protections for tenancies commencing 6 months from enactment, on the basis that after 6 months’ duration, a ‘Part 4 tenancy’ is established for an unlimited duration, until termination by the tenant or by the landlord under section 34
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