Landlord Guide: Property Inspections
As a landlord, it’s important to conduct periodic inspections of your properties throughout each tenancy to ensure the condition of the interior and exterior of the units are in good order and also to see if your tenants are complying with their lease agreement. One of the main reasons to inspect your properties is to […]
Why You Should Have Landlord Insurance
Let’s face it, no one likes dealing with it, but Insurance Policies are there for a reason, and when it comes to Landlord Insurance, the importance of a comprehensive policy cannot be understated. So Far So Good If you have managed thus far without Landlords Insurance then great, but you are essentially gambling, and the […]
The Importance Of Having A Written Rental Agreement
The importance of having a written rental agreement cannot be understated. It is the best way to protect yourself from any unforeseen legal issues and also puts your tenants’ minds at ease, as they have the agreement to rely on too, should they need to. Without a clear and specific rental agreement, landlords can get […]
Rental Increases To Be In Line With Inflation Rate
Proposals put forward recently by housing minister Darragh O’ Brien, will see rental increases based on inflation rather than any set cap. The new rules will be in place until 2024 and will see rents only rise in line with inflation, which is recorded in the EU Harmonised Index of Consumer Prices (HICP). End Of […]
To Rent Or To Sell In Today’s Market?
To sell or rent – it’s a big decision. Owning rental properties can be a solid long-term investment and provide a steady flow of extra income. However, across the country, we are experiencing a very strong sellers’ market, with supply nowhere near meeting demand. Inevitably, this will not last forever, so many investors are wondering […]
Change To Mortgage Lending Rules Badly Needed
The Central Bank has been warned this week that rules regarding mortgage lending need to change in order to help buyers afford a property. Current regulations on lending are some of the strictest in the EU and we also enjoy one of the highest interest rates on repayments. Chief Executive of the Institute of Professional […]
Supply Still A Long Way Off Meeting Demand
More bad news for first-time buyers as a recent forecast from the Banking and Payments Federation Ireland (BPFI) says it doesn’t see supply catching up with demand until 2024 at the earliest. Over the last few years, house prices have risen to near Celtic Tiger levels with the average price of a home in Dublin […]
Maximum of 2 months rent in advance for renters under new legislation
Earlier this week the government signed off on proposals that ensure nobody renting a property in Ireland will have to hand over any more than 2 times their monthly rent when entering into a rental agreement. Under the new legislation, which will be made law this year, tenants will only be required to supply a […]
Common Causes Of Stress For Landlords
Letting out property can be demanding and difficult at times, but what exactly do landlords find most stressful? A recent survey of over 20,000 landlords conducted by LettingaProperty.com has given some wonderful insight into the most stressful aspects of being a landlord. Finding good tenants 73% of landlords surveyed have said that finding good and […]
Changes To Local Property Tax
Big news this week for the property market as homeowners are now given the task of valuing their properties under new legislation kicking in in November this year. Changes to Local Property Taxes means Revenue has been tasked with closely monitoring home valuations and placing their trust in property owners to assess the value of […]
