Working Group to Examine Defects in Housing – Survey

Working Group to Examine Defects in Housing – Survey

February 2022   The Working Group to Examine Defects in Housing is asking people to provide information on their experiences of defects relating to fire safety, structural safety, and water ingress in purpose-built apartment and duplex buildings constructed in Ireland between 1991 and 2013.   Using online surveys the Working Group is seeking the experiences of: Homeowners (both current and former) Landlords (including private investor/owner, institutional/commercial, Approved Housing Body, Local Authority, etc.) Directors of Owners’ Management Companies (OMCs) Property Management Agents   Information is sought from people regardless of whether such defects in those properties are currently known, unknown, or
Read More

Categories: News.
Mid-tenancy/Periodic Inspections

Mid-tenancy/Periodic Inspections

January 2024 Inspections It can be easy to underestimate the importance of doing regular inspections on your rental property.  As a landlord it is extremely important that you include these into your regular management. You need to monitor the condition of your property and make sure that there are no issues – do not leave your property unchecked. If you’re a new landlord, you might ask why landlords do periodic inspections at all? The reason is simple – it is to ensure your property investment is being properly maintained. You have an obligation to ensure that the property continues to
Read More

Categories: First Time Landlord and Property Management.
How To Conduct A Rent Review In a Rent Pressure Zone?

How To Conduct A Rent Review In a Rent Pressure Zone?

February 2022 How To Conduct A Rent Review In a Rent Pressure Zone? In this article we deal with conducting a rent review in a RPZ.  Many changes have occurred to the process since the introduction of Rent Pressure Zones in 2016. What should be a simple task can sometimes be confusing given the number of recent changes imposed.  We would like to remind you of the steps involved – for your rent review to be valid it is important that you are aware of the process. On 11th December 2021, the rules were amended around setting the rent for a
Read More

Categories: First Time Landlord and Property Management.
Essential Information – McLarens’ Guidance On Reinstatement Valuations

Essential Information – McLarens’ Guidance On Reinstatement Valuations

Please find below article by McLarens Loss Adjusters which may be of use. We believe this to be an essential read. Click HERE for McLarens’ Guidance On Reinstatement Valuations. As a property owner it is crucial to ensure that your asset – including any Landlord Contents and the rental income – is adequately insured. The protection afforded will provide peace of mind and security to your asset and, in the event of a claim, the damage will be repaired and your rental income protected. It will likely be a requirement of any financial institution involved in providing a mortgage or
Read More

Categories: Landlord Insurance.
Residential Tenancies (Amendment) (No. 2) Act 2021 – Commenced

Residential Tenancies (Amendment) (No. 2) Act 2021 – Commenced

11th December, 2021 The Residential Tenancies (Amendment) (No. 2) Act 2021 commenced on the 11th December 2021. From 11th December 2021 restricts rent increases in Rent Pressure Zones from exceeding general inflation and will be subject to a cap of 2% per year on a pro rata basis, where HICP inflation is higher. provide for tenancies of unlimited duration providing security of tenure for tenants. This applies to all new tenancies created on or after 11th June 2022. Existing six year tenancies if not terminated prior to the end of the part 4 tenancy, will become tenancies of indefinite duration.
Read More

Categories: News.
More Changes On The Way For Landlords – The Residential Tenancies (Amendment) (No.2) Bill 2021

More Changes On The Way For Landlords – The Residential Tenancies (Amendment) (No.2) Bill 2021

The Residential Tenancies (Amendment) (No.2) Bill 2021 provides for:   an amendment to the current prohibition on any rent increase in a Rent Pressure Zone (RPZ) from exceeding general inflation (as recorded by the Harmonised Index of Consumer Prices (HICP)) to insert a new condition that the rent last set cannot increase by more than 2% per annum pro rata.   enhanced protections for tenancies commencing 6 months from enactment, on the basis that after 6 months’ duration, a ‘Part 4 tenancy’ is established for an unlimited duration, until termination by the tenant or by the landlord under section 34
Read More

Categories: News and Uncategorized.
Storm Damage in Rental Properties – A Landlord’s perspective

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,
Read More

Categories: Landlord Insurance, Property Management, and Uncategorized.