Landlord Query Of The Week : Rent Increase

Landlord Query of the Week: 29th May 2019 My property is in a Rent Pressure Zone, I have not increased my rent since 2017, I have three tenants on one lease agreement, one tenant is leaving with a replacement in July. I have served a 90 days increase notice , how does the replacement tenant fit in with the increase? The increase will not come into affect until August. IPOA Reply:  *Private landlords must follow certain procedures and rules if they want to raise the rent. The rules are set out in the Residential Tenancies Act. Based on the information
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Categories: Landlord Legislation, Landlord Query of the Week, and Rent Pressure Zone.

More Legislation For Landlords – Passed

May 2019 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
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Categories: Landlord Legislation, News, and Substantial Refurbishment Rules.

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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Categories: Landlord Legislation and News.

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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Categories: Uncategorized.

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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Categories: Uncategorized.

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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Categories: First Time Landlord, News, and Uncategorized.