07.03.2023 By Mary Conway, Chair of the IPOA The IPOA acknowledges today’s decision by cabinet not to extend the eviction ban. This decision was crucial in order to stem the exodus of landlords from the property rental market Measures that encourage the participation of landlords in the market, will have a positive impact on supply. The focus of government must now be on protecting the existing private rental supply that we have in place and is housing hundreds of thousands of people. We look forward to seeing a meaningful package of incentives from Government to incentivise
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Do I need to give my tenant a rent book?
February 2023 Question? My tenants pay rent directly to my bank account – do I still need to provide them with a Rent Book and/or a receipt for payments? Response: As a Landlord, you are obliged to provide your tenant(s) with a ‘rent book’ at the commencement of a tenancy or another equivalent document providing the same information. A rent book is a document that records details about a tenancy and notes all rent payments that are made. The requirement to provide a rent book is set down in legislation since 1993. The rent book must contain specific particulars relating
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Why are PPS Numbers and Date of Birth Required for RTB Registration
February 2023 A number of members have recently asked why PPS Numbers and Date of Birth Required for RTB Registration? IPOA previously asked the RTB for clarification as to why PPS Number and Date of Birth is required to register a tenancy. Their response is detailed below. The RTB is a statutory body responsible for (but not limited to) the operation of a national registration system for all residential tenancies, the operation of a dispute resolution service, the provision of both information and policy advice, and completion of research regarding the rental sector. PPS Numbers are used as reliable identifiers
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Winter Eviction Ban – Know The Deferred Termination Dates
1st February 2023 The Ban commenced 30th October 2022. A landlord can still serve a Notice of Termination during the winter emergency period. It applies to notices with no fault on the tenants’ part e.g. selling, own use or family member use. It does not apply for notices served for breach e.g. Rent Arrears, anti-social behavior – with the exception of overcrowding. It applies to tenancies and licensed Student Specific accommodation. Notices served in six month probationary period need a termination date of 18th June 2023. (tenant must not receiveless than 90 days). Deferred Termination DatesDeferred termination dates below now
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Capital Gains and Losses
January 2023 The market value of property has largely recovered from the crash that hit the sector in 2008. Hopefully, members that found themselves in negative equity around that time, are facing into a better position at the turn of the year. Notwithstanding, many members were forced to sell property over the course of the last decade in order to pay down debt and hopefully survive. In those circumstances it is possible that losses arose on the disposals. We would recommend that members keep a close eye on the losses arising as they are available for offset against gains in
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Listen Back To IPOA Chairperson – Mary Conway
16th January, 2023 The rate of Landlords leaving the sector is alarming but not surprising, IPOA have been calling for action to prevent this for the past number of years. Listen back to IPOA Chairperson Mary Conway as she speaks to Drivetime – Listen in 2hr 23 mins Click HERE IPOA Supporting Landlords for 30 years Contact us – info@ipoa.ie * take note of the date of publication of this piece. Information on this website may change with the passing of time and the law is constantly changing. Whilst we take steps to ensure the accuracy of the information, we
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Property & Your Pension
Buying property in your pension can help create security as part of a well-diversified pension portfolio. I had my annual review a few months ago with my pension trustee and I suddenly realised my mindset around my personally held properties has dramatically shifted since buying property in my pension structure. Having a pension has created a level of security allowing me to make decisions around my personally held property that I never thought I would. I guess with all the networking, books, courses etc you pick up some philosophies that form beliefs for example “once you buy, never sell” with
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