Archives for Uncategorized

Property Owners Criticize Government For Playing To Populism

The State has, for more than 15 years, exasperated the housing crisis by introducing populist anti property owner legislation. This has had a devastating impact reducing supply.   22,000 tenancies have been lost since Rent Pressure Zones were introduced in 2016.     Government policy cannot and should not be developed as a reaction to the hysterical posturing of left-wing politicians and tenant advocacy groups on social media and television.  Legislation needs to be considered, measured, accountable and effective.  Additional supply is what is required and retaining existing supply is essential. Extending the rules to 2024 substantially disadvantage landlords trapped with unsustainable rents,
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Categories: News and Uncategorized.

Mice In Property – Who Is Responsible – Landlord Or Tenant?

30th June Question My tenant has reported finding mouse droppings under the kitchen sink and has heard scratching noises coming from the attic of the property. They have requested that I organise pest control to do a site visit. Is this my responsibility or the tenant’s responsibility?   Response The responsibility for dealing with vermin or other pests and infestations can either be the tenant’s or the landlord’s responsibility, depending upon whose actions or inactions caused the problem. A rodent issue may be caused by the tenant’s negligence – for example not putting out rubbish, leaving food around the property
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Categories: Landlord Query of the Week and Uncategorized.

Storm Damage in Rental Properties – A Landlord’s perspective

  Storm damage is unexpected and in Ireland it is something that is frequently experienced and when the weather takes a turn for the worst, storms can cause havoc. If you experience storm damage in your rented residential or commercial premises you will often be required to carry out emergency storm damage repairs, in order to prevent further damage to the property. In fact your insurance policy claims conditions will insist that you mitigate any further loss. Storm damage is generally structural damage caused by gale force winds which can result in flooding and rain water accessing the property. Unfortunately,
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Categories: Uncategorized.

Flood Prevention – Tips from an Insurance Perspective

  Flooding is the most common natural disaster so firstly you need to ensure that your property insurance policy covers Flood risks. If your property is located in a flood risk area it is highly likely that your current policy will exclude flood and you will find the cover is not available to you on the insurance market in general. So what do you do – The key to reducing flood damage is to take precautions, which in many cases you can accomplish in a few hours to a few days. Check outside Drains Check to ensure that outside drains
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Categories: Uncategorized.

What Insurance Does A Landlord Need In Place By Law?

10/06/2021   Question: I am a new Landlord, what insurance cover do I need in place by law? What are the types of Insurance available?   Response: By virtue of the Residential Tenancies Act 2004, Landlord’s should have Property Damage and Public Liability cover in place for every unit they provide for private rented accommodation. Apart from that, other insurances that are mandatory are those prescribed by a contract e.g. the terms of a mortgage or loan / the terms of a lease agreement. Either or both of these contracts may require you to insure property, glass, loss of rent,
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Categories: Landlord Query of the Week and Uncategorized.

Maintaining The Garden?

12/05/2021 Question: Neighbours have alerted me that the garden of my rental property is beginning to get a bit overgrown and may need tidying up. I want to get this sorted as soon as possible – who is responsible for this? Response: It is important to make sure you know where you stand when it comes to the garden to avoid potential disputes over its maintenance and upkeep. Therefore, the question of whose responsibility it is should be included in your tenancy agreement. Your agreement may require your tenant to carry out basic maintenance of the garden such as mowing
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Categories: Landlord Query of the Week and Uncategorized.

Daft Report – Reduction In Rent In Dublin But Increases Everywhere Else.

12th May 2021 The Daft report released today outlined information on the rental market for the first quarter of 2021.   It describes a reduction in rent in Dublin but increases everywhere else. The impact of Covid-19 and working from home has increased the desirability of living outside the capital.  With the vast majority of office workers working remotely together with most students working from home, there is capacity in Dublin and still some available accommodation.   Some units previously used for short-term letting have been added to long-term housing stock. The role out of vaccines are likely to increase the demand
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Categories: News and Uncategorized.