Archives for Property Management

Tips To Avoid Condensation

Condensation may lead to issues relating to damp and mould growth, both of which could be considered a problem for the property and tenant. Condensation usually happens where the moisture in the air has nowhere to vent to, often in areas like kitchens and bathrooms, or where the tenants are drying clothes internally, where the ventilation is poor, or the tenant is not using the relevant windows or fans. To avoid unnecessary work and costs, it is important that you take steps to reduce/prevent condensation. At the start and during a tenancy remind your tenants to: Do not block ventilators, air
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Categories: Property Management and Uncategorized.

House Shares /Guests During Covid-19

We are receiveing queries regarding house shares and issues caused by individuals bringing in guests during the Covid Emergency. It is our understanding these situations can be dealt with in the same manner as anti-social behaviour is generally addressed. “behave in a way that is anti-social” means— ( a) engage in behaviour that constitutes the commission of an offence, being an offence the commission of which is reasonably likely to affect directly the well-being or welfare of others, ( b) engage in behaviour that causes or could cause fear, danger, injury, damage or loss to any person living, working or otherwise lawfully
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Categories: Property Management and Uncategorized.

Landlords – Are You Using The Correct Forms?

25th November 2020 Make Sure Your Notices Are Valid. You must use the correct forms for your notices to be valid.   Rent Arrears You will know that a new rent arrears process was introduced on the 2nd August 2020. Changes have been made to the process which is now an 8-step process.   Sample Notices:   Payment Plan Letter – Click HERE Rent Arrears Warning Letter – Click HERE Notice of Termination Rent Arrears – Click HERE Self-Declaration Form – Click HERE   If your tenant submitted a Self-Declaration form to you confirming that Covid-19 has impacted their ability
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Categories: Property Management and Uncategorized.

Important – Preventing A Further Part 4 /Acquiring Part 4 Rights

10th November, 2020 The recent changes to legislation (Residential Tenancies Act 2020) do not restrict you from serving a Notice of Termination during the Level 5 Restrictions/emergency period.  There may be a revised date on the termination but you will serve it as normal giving the required notice period. Additional time may be given in accordance with the Residential Tenancies Act 2020, this will be added to the notice after it is served.   Acquiring A Part 4 Right If you planned to serve a Notice of Termination in the first six months of a tenancy to prevent a tenancy
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Categories: Landlord Legislation, Property Management, and Uncategorized.

Don’t Forget The Basics – The Importance Of Vetting Tenants

Covid-19 has brought about many changes to the Private Rented Sector and the pandemic is currently very much to the forefront of our minds and businesses. Not withstanding all that is going on we want to remind you not to forget the basics. Now more than ever given the extra protections in place for tenants, it is extremely important that you do your due diligence and adequately vet prior to selecting your tenants. Vetting tenants is one the most important part of managing your rental. Having a good tenant is worth its weight in gold, so do not rush this
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Categories: First Time Landlord and Property Management.

Important – Rent Arrears New Process

  A new process for rent arrears has been introduced as of the 2nd August 2020.   The rent arrears procedure is an eight step process and is more onerous, complicated and involved than the previous process.   New temporary protections are in place for tenants who are unable to pay their rent due to Covid-19.  A tenant must serve a Self-Declaration Form on a landlord to avail of the protection.   The RTB have produced a guidance document on rent arrears as a result of Covid-19, outlining the required steps which can be accessed here.   A document has
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Categories: Landlord Legislation and Property Management.

The Clever Way to Refinance your Property Portfolio

ICS Mortgages, have extensive experience working with clients who wish to refinance their property portfolios.  Every client is unique so they tailor mortgage solutions based on their client’s individual needs. Their standard refinancing solutions are open to all applicants and a tailored portfolio refinance option is available to those refinancing a minimum of two properties with a minimum total loan value of €1.5 million. ICS Mortgages are now the leading provider of new Buy-to-Let residential mortgage financing in Ireland. Whether you are thinking of a straight refinance of your property portfolio or if you are looking to refinance and release
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Categories: Property Management.