Build To Rent Schemes – The Insurance Solution

Build To Rent Schemes – The Insurance Solution

  Build to Rent (BTR) Schemes have become an emerging sector in the Irish residential property market. Essentially they are purpose-built residential apartment block developments with associated amenities, examples of which are; Concierge, often with facilities Laundry Collection/Delivery Service Lounge area to include communal gatherings areas, relaxing areas and also private bookings for residents Gymnasium for residentsuse/Kids Playground Break-out Areas to include remote working/meeting pods/homework pods etc.   These Build to Rent properties are owned, managed and serviced by an institutional landlord / investor with some of the main functions out sourced to local managing agents, letting agents and maintenance
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Categories: Landlord Insurance and Uncategorized.
Build To Rent Schemes – The Insurance Solution

Build To Rent Schemes – The Insurance Solution

  Build to Rent (BTR) Schemes have become an emerging sector in the Irish residential property market. Essentially they are purpose-built residential apartment block developments with associated amenities, examples of which are; These Build to Rent properties are owned, managed and serviced by an institutional landlord / investor with some of the main functions out sourced to local managing agents, letting agents and maintenance companies. Unlike traditional housing schemes, individual residential units within the development are not sold off separately for private ownership or for individualsub-lettings. BTR is typically the provision of a long-term rental investment strategy by one single
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Categories: Uncategorized.
My Tenant Has Not Paid Rent For 10 Months Now

My Tenant Has Not Paid Rent For 10 Months Now

29th January 2021 Question My Tenant has not paid any rent since the first Covid-19 Lockdown in March 2020.  As of the 25th of January 2021, I have received no rent in 10 months. During this period, I have not received any self-declaration from the Tenant, and I believe them to be working full-time from my property. Are the tenants protected or can I terminate this tenancy?   Response: From the information provided, the tenants are not protected and yes, you can terminate this tenancy. The new protections do not apply to a tenant who, on the 10th of January
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Categories: Landlord Query of the Week and Uncategorized.
Tenant Protections Extended

Tenant Protections Extended

The protections for tenant in place since the 31st December have been extended to the 5th March 2021. The Residential Tenancies Act 2020 also introduced a 10-day grace period for ending tenancies, which means the earliest anyone has to leave their accommodation during this Level 5 emergency period is 15th March 2021.   Please note:-   Level 5 does not restrict the serving of a Notice of Termination.  There may be a revised date on the termination but you may serve it giving the normal required period of time.  The additional time resulting from the increased protection will be added to the
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Categories: Landlord Legislation and News.
UIPI Survey on Retrofitting to Improve Energy Efficiency

UIPI Survey on Retrofitting to Improve Energy Efficiency

The UIPI (International Property Owners Association) are looking for completion of a survey that aims to assess how EU citizens, property owners and real estate companies feel about their properties and the need to retrofit to improve energy efficiency, as well as to evaluate the impact of the health crisis on their intentions.   They need as many responses as possible.  It will take under 5 minutes and we would encourage every  IPOA member to complete it.   Link to Survey
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Categories: News and Uncategorized.
Important – Legislation Update

Important – Legislation Update

13th January, 2021 Part 3 of the Planning and Development, and Residential Tenancies, Act 2020 (PDRTA) was enacted on 19 December 2020 to provide for temporary modifications to the operation of the Residential Tenancies Act 2004.   During the period from 11 January up to and including 12 April 2021 and subject to certain conditions, a 90-day (rather than the usual 28 days) termination notice period applies, where a tenant is in rent arrears due to Covid-19 and is at risk of losing their tenancy. The earliest termination date allowed in such circumstances is 13 April 2021. Rent increases are
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Categories: Landlord Legislation and News.
Level 5 Restrictions – Update

Level 5 Restrictions – Update

9th January, 2021 Level 5 restrictions recommenced on the 30th December 2020. Any time there is a 5km restriction imposed on people’s movements, in line with public health restrictions, the moratorium on evictions will automatically kick-in. Level 5 does not restrict the serving of a Notice of Termination. There may be a revised date on the termination but you may serve it giving the normal required period of time. The additional time resulting from the increased protection will be added to the notice after it is served.   Existing tenancy protections mean that a tenant cannot be made to leave
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Categories: News.