“In the rental sector, Mr Donohoe is bringing forward the full removal of the restriction on the amount of interest that may be deducted by landlords in respect of loans used to purchase, improve or repair their residential property. The rate was due to be 100 per cent by 2021 but will now be effective from 1 January 2019.” The national representative body for private landlords, the Irish Property Owners Association (IPOA) have cautiously welcomed Budget 2019. In a message to members shortly after the details were announced, IPOA Chairman, Stephen Faughnan, said that the restoration of mortgage interest relief to
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IPOA submitted its Pre-Budget submission on 22nd of August 2018. Our Key message being Housing is a National Emergency, getting the sector working should be the main focus of the State.  Key Recommendations: Exemption from Income Tax for Long Term Lettings 100% Mortgage Interest Relief, implemented immediately Local Property Tax – ‘user pays’ or allowable as a deductible expense Rollover Relief Refurbishment Relief Pension Provision Full submission can be accessed in the Members Centre
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The private rented sector is such an important part of our housing market, providing a solution to the ever-growing housing crisis. As landlords we need to protect ourselves and know the essentials for letting and managing our property. Sweeping legislative changes and continually evolving regulations are making this extremely difficult for the unwary. The IPOA are pleased to present the Residential Landlord Course. Click HERE for information and booking
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RTB Annual Report can be accessed by clicking here and the Strategic Plan here.
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Margaret McCormick (IPOA) talks about how much is actually received by the Landlord in rent arrears, the difficulties around proof of damage and deposits and rent control – it’s negative effect on the sector.   Listen HERE
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Listen here (directly after the news) as Margaret McCormick speaks out for the the Landlord on Lunchtime Live. Where is the protection for the Landlord? Where is the balance of rights? Where is the fairness? What is the incentive to keep Landlords providing much need accommodation?  
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IPOA held a Seminar recently in the Ashling Hotel on Vetting and Selecting Tenants Equally and Fairly.   A question was raised and clarification was sought in respect of the question.  The query raised:- Would it be discriminatory for a property owner to ask a prospective tenant if they had a criminal record?   The question was emailed to the Irish Human Rights and Equality Commission and they outlined the specific grounds covered by the Act. Asking a prospective tenant if they have a criminal record is not contained in the grounds that are classed as discriminatory.
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