Why do you need a property manager?
Becoming a Landlord can be a very rewarding experience. More often than not your investment will return a steady flow of income. This unfortunately isn’t always the case as some landlords end up with tenants who don’t pay their rent on time, or damage the property resulting in costly repairs. It’s at this point most […]
Income threshold increases on cost rental scheme.
It has been announced this week that the government’s “Cost rental scheme” will have its thresholds increased. The current limit stands at €53,000 nationwide, but the new threshold will see Dublin’s income limit increased to €66,00 with all other areas being increased to €59,000. In this article, we will look at what the scheme is, […]
Property Investment slows in the commercial sector
According to Industry experts during the first half of 2023, the Irish commercial property market suffered the third sharpest decline out of 27 European countries in investment. With many investors and real estate specialists saying the market is at a near standstill. There were high hopes that the market might start to rebound after a […]
Landlords need letting and management agents more than ever
In recent years Ireland has shifted significantly towards a tenant-centric approach, marked by a growing emphasis on providing better incentives, tax benefits, and improved tenant accommodation options. As tenant rights continue to gain traction and become increasingly entrenched in the real estate sector, the role of landlords has grown increasingly more complicated with each passing […]
Irish mortgage rates rise above the eurozone average further hikes are expected
New data released from the Central Bank reveals that mortgage rates in Ireland have surpassed the average rates in the Eurozone. This follows the eighth consecutive increase in interest rates by the European Central Bank last month. In May alone, the average interest rate for new mortgages in Ireland stood at 3.84%, up from 3.63% […]
EU steps in to mitigate stringent new regulations on Airbnb imposed by the Irish Government
It has been a tough few years for tech and accommodation giant “Airbnb”. Multiple security and regulation concerns facilitated the EU to empower cities to restrict the use of short-stay rentals. Ireland quickly reacted to the restrictions placed in Europe issuing its own regulations to the short-stay industry. But now it seems the EU wants […]
Hundreds of Property Owners Lodge Appeals Against New Tax to Spur Building on Vacant Land
In a recent development, hundreds of property owners have lodged planning appeals against a new tax aimed at encouraging construction on vacant land. The appeals, totalling 600, have added to the mounting workload of An Bord Pleanála, the planning appeals board, which is already grappling with a significant backlog of planning files. To address this […]
Mortgage Approvals For First-Time Buyers Hit Record High | Landlord Tips
Despite property prices hitting a new high in May, a record number of mortgage applications were still approved for first-time buyers. Last month, more than 3000 applications were submitted and approved for first-time home buyers, these applications represent an overwhelming 64% of all the approved home loans in May. This is the highest recorded level […]
How to evict a tenant in Ireland | Landlord Guide
One of the most difficult parts of being a landlord is evicting tenants. A landlord can choose to evict tenants for many reasons, not all of them are down to a breach of the contract. Regardless of the why, a landlord can not just simply ask tenants to leave, some processes need to be followed. […]
Can a Landlord Enter Without Permission in Ireland? Understanding Your Rights and Responsibilities
Introduction Navigating the world of property rentals can be a complex task, particularly when it comes to understanding the rights and responsibilities of landlords and tenants. One question that often arises is: “Can a landlord enter a property without permission in Ireland?” This article aims to shed light on this topic, providing clarity for both […]
