Rent Review – Can I give More Than 90 Days Notice?

29th September 2022 Question: We have tenants in our rental in Dublin since June 2021, we are serving a rent review notice now with the revised rent starting from February 1st 2023.  Can we give 4 months notice instead of 90 days? Response: In order for a rent review to be valid, landlords must give tenants at least 90 days’ notice. This means that the new rent cannot then apply until 90 days after the notice has been issued.  Therefore, you are permitted to give over the 90 days notice should you wish. Please ensure you use the prescribed Rent Review
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Categories: Landlord Query of the Week and Uncategorized.

Budget 2023 – A missed opportunity to help retain investors and encourage new investors to enter the market

27th September 2022 The Irish Property Owners’ Association is shocked, disappointed and saddened that the Government has not addressed the serious issues which the Association has repeatedly brought to the Governments attention. Once again Government have reneged on their responsibility to curtail the loss of valuable accommodation for Tenants. In a note to members prepared just after the details of Budget 2023 were announced, IPOA Chair, Mary Conway said “No meaningful attempt has been made to prevent the exodus of landlords from the market in spite of the State not providing homes for people. Over the years the Irish Property
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Categories: News.

IPOA AND IPAV TO APPEAR BEFORE OIREACHTAS HOUSING COMMITTEE

 Tuesday 20th September, 2022 IPOA, Irish Property Owners’ Association and IPAV, the Institute of Auctioneers & Valuers, will today Tuesday (20th Sept.) appear before the Oireachtas Committee on Housing, Local Government & Heritage in which we will present proposals to address the flight of small landlords from the market, which is exacerbating the rental and housing crises. Chief among the recommendations will be a new rate of tax on residential rental income of 25 per cent (inclusive of USC and PRSI) for residential rental profit to encourage small private landlords to remain in the market and support new investment. It
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Categories: News and Uncategorized.

Landlords Be Aware – Very Serious Consequences of Being Underinsured

  As a niche Property Owner’s Insurance Broker, and in advance of your upcoming renewal date(s), we are endeavouring to alert you, and all Property Owners / Landlords, to the very serious consequences of being underinsured. As you are no doubt aware, for the first time in a generation we are witnessing high levels of inflation, which as well as the effect to the cost of living also has a direct impact on the adequacy of insurance cover. This is further complicated by the continuing shortage in availability of materials & labour, both of which are having an adverse effect
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Categories: Landlord Insurance and Uncategorized.

IPOA and IPAV Lobbying for Members

8 September 2022 Interesting results to questions which featured in a recent Sunday Independent – Ireland Thinks opinion poll: When the panel was asked if they would support tax breaks in the forthcoming Budget for smaller landlords. A clear majority, 56pc, were in favour of such a move. 2. When asked if they were in favour of holding a referendum to insert a “Right to Housing” clause in the Constitution. 55% said yes with a further 10% unsure.     IPOA and the IPAV (Institute of Professional Auctioneers and Valuers) have been lobbying jointly for the benefit of members.  Our
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Categories: Uncategorized.

IPOA Submission – Public consultation on a Referendum on Housing in Ireland

5th September 2022 The Housing Commission has invited submissions on whether there should be a referendum on the introduction of a constitutional amendment regarding housing, and, if so, what form such a constitutional amendment might take. The IPOA is pleased to be given the opportunity to make a submission to the Commission on this key debate on behalf of its membership. A housing referendum will simply allow future governments the opportunity to pass the proverbial buck by failing to provide a comprehensive, cohesive housing strategy for all the country’s citizens, that will encompass sustainable living in an environmentally friendly fashion.
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Categories: News and Uncategorized.

Ending A Tenancy – First 6 Months

01/09/2022   Question: I am in the process of serving notice on my tenants, they are in occupation 5 months, still within their first 6 months – probationary period. I have spoken informally to the tenants and they have asked that I give them 120 days notice as they should have a property lined up for then? Can I do this? Response: The legal requirement for termination of a tenancy during the probationary period – in the first six months of the tenancy, changed from 28 days to 90 days. However, you should note that the legislation does not allow
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Categories: Landlord Query of the Week and Uncategorized.