Archives for Uncategorized

Landlord Query Of The Week: Short Term Letting

August 2019 Question: I own a property that is not my principal private residence, I let this property out on weekly basis. The property is in a Rent Pressure Zone. What rules apply to me in this situation? Response: As this property is not your private principal residence and is in a Rent Pressure Zone, you will be affected by the new regulations in relation to short-term lettings. A short-term letting is the letting of a house or apartment, or part of a house or apartment, for any period not exceeding 14 days. You are required to obtain planning permission
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Categories: Landlord Query of the Week and Uncategorized.

More Regulation – Less Landlords; Less Tenancies; Less Occupants?

According to figures released by the Residential Tenancies Board (RTB) in their 2018 Annual Report, the number of private rental tenancies from 2017 to 2018 has reduced by 5,654,  it further reports that there are 19,222 less occupants from 2017 to 2018 and 804 less private landlords. This is a continuation of the trend since 2012 when the RTB reported that there were 212,306 landlords, a staggering 39,109 landlords have left the sector. We are seeing the unintended consequences of complex legislation, over-regulation and punitive taxation.  The data presented in the report reflects fewer rental properties coming on the market at
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Categories: News and Uncategorized.

Rent Arrears Procedure and Notices

January 2022 What Happens If Your Tenant Does Not Pay Rent? A tenant is required to pay their rent in full and on time until the tenancy ends even where a dispute has arisen with the landlord. If rent is not paid it is a breach of the Tenancy Agreement. If there is rent arrears in the first 6 months of a periodic tenancy or a fixed term tenancy with a break clause,  a landlord can serve a 28 day Notice of Termination without giving any reason. If there is a fixed-term tenancy in place (with no break clause) the
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Categories: Property Management, Supporting Documents For Landlords, and Uncategorized.

Termination Notices

updated January 2023 Click HERE for Termination Notices  Valid Notices Valid notices must be sent to your tenant Must be copied to the RTB on the same day as issued to the tenant Be in writing Be signed by the landlord or authorised agent Give the date the notice is sent State the grounds for ending the tenancy (if the tenancy has lasted for more than 6 months or is a fixed term tenancy). * take note of the date of publication of this piece. Information on this website may change with the passing of time and the law is
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Categories: First Time Landlord, Property Management, Supporting Documents For Landlords, and Uncategorized.

Irish Water – Short Update

August 2019 The legislation surrounding the provision of information hasn’t changed since 2015. Please see below short update on excess usage – more information will follow in the coming weeks. Update Irish Water  Q. Must I still notify IW if I’m moving in or out? A. Where there is a change in the occupation of a dwelling in receipt of water services from Irish Water there is an obligation on the owner of that dwelling to (a) either register with Irish Water or (b) notify Irish Water that he or she is not the occupier of the dwelling and provide
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Categories: News, Property Management, and Uncategorized.

Landlord Query Of The Week: Substantial Refurbishment / Rent Increase

July 2019 Question My rental property is in a Rent Pressure Zone. I served a valid notice of termination on the grounds of substantial refurbishment in January 2019, the tenants vacated the property on the 1st of April 2019 and works commenced on my property on the 9th of April 2019.  I would like to increase the rent to market rent once the works have been completed. As works are still ongoing, do I have to adhere to the new legislation brought in with the Residential Tenancies (Amendment) Bill 2019? Response Refurbishment/Change works that commenced on or after 4th June
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Categories: Landlord Query of the Week, Rent Increases, Substantial Refurbishment Rules, and Uncategorized.

Changes that will affect your business as a Landlord

It is vitally important that you are aware of looming changes that will affect you as a Landlord. These changes are expected to come into Law in June 2019. RENT SETTING AND RENT REVIEWS –  The designation of existing RPZs will be extended to the end of 2021. –  Works that will qualify for the exemption from the rent increase restriction in respect of a substantial change in the nature of the rental property shall consist of either: a permanent extension increasing the floor area by 25% or at least 3 of the following; (a) a permanent alteration of the internal layout, (b) adaptations for persons with
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Categories: Uncategorized.