The Residential Tenancies (Amendment) (No 2) Bill 2018 was passed in the Seanad on Tuesday night. The new definition for substantial refurbishment will make it difficult if not impossible to change the rent after a substantial refurbishment. There is also no stop on the penalties that will be introduced for late registration when annual registration is introduced. The Bill is expected to be signed by the President by the end of this week. Not all of the legislation will be commenced immediately but the expectation is the following will be commenced early June:- Increased timelines for termination Changes to the
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Anti-Landlord Legislation, Unbalanced and Unfair
Anti-Landlord Legislation which is unfair and not balanced and Unreasonable Taxation will do nothing to improve the devastating supply of accommodation to the rental market. This was the key message strongly put forward by IPOA Information Officer, Margaret McCormick on yesterday’s Newstalk (The Hard Shoulder , 13th May 2019) Click HERE to listen back – (Margaret features at 1 Hour 13 Minutes)
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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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Landlords Housing Standards for Rented Accommodation Updated 2019
The Housing Standards for Rented Accommodation regulations were recently updated, effective 1st May 2019. All rental properties must comply with the standards. Failure to comply with the minimum standards can result in penalties and prosecution. Landlords must ensure that their property is up to standard at the commencement of the tenancy and also during the tenancy. Please click here for Standards. 5 Tips to Help Ensure Landlord Compliance with Housing Standards Know your obligations, have a copy of the most recent Standards on file. Inspect your property twice yearly – (ensure you get consent from tenant). You need to inspect
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The State of the Irish Rental Market in 2019
IPOA Information Officer Margaret McCormick together with Threshold CEO John-Mark McCafferty and Tom Dunne, Head of the School of Surveying and Construction Management at TU Dublin recently participated in a panel discussion for ‘Between the Lines’ on Newstalk FM. Click HERE to listen to the discussion, Margaret highlights the issues facing Landlords – Complex Legislation and Taxation top of the list!
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Primetime Programme Featuring Housing Assistance Payment
RTE’s Primetime produced a programme around the Housing Assistant Payment. IPOA were featured on the programme. It was an excellent programme and worth a watch if you missed it on Tuesday. Click here start time 21.44.
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Rent Pressure Zones to be Extended until 2021
As confirmed by Minister English at our recent meeting – Rent Pressure Zones have been extended until 2021 – full details have not been given. Also reported in the Irish Examiner. https://www.irishexaminer.com/breakingnews/ireland/rent-pressure-zones-to-be-extended-until-2021-to-contain-rising-rents-915056.html
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