Search Results for 'Landlord'

Financial support is needed to support landlords who have seen their Housing Assisting Payment (HAP) stopped because their tenants are no longer paying rent contribution to the Galway County Council, that is according Cllr Noel Thomas.

The national representative body for private landlords, the Irish Property Owners Association (IPOA), has strongly criticised Budget 2020 for not addressing any of the serious issues which the association has repeatedly brought to the Government’s notice.

In the recent Focus Ireland report on homelessness it was revealed that one of the primary reasons those experiencing homelessness left their last stable home was due to their landlord selling the property, given the divergence in the treatment for tax purposes of private landlords versus various fund investors in residential property, according to IPAV, the Institute of Professional Auctioneers & Valuers.

The Institute of Professional Auctioneers & Valuers says disproportionate regulation of private landlords is the primary cause of the trend to let homes to tourists rather than long term tenants. The issue was flagged in the latest Daft.ie report.

Affordability in the property market remains a huge issue for those renting or living at home with their parents.

Sherry FitzGerald Lettings is holding a residential rental seminar on Wednesday May 31 to bring clarity to a raft of new residential landlord and tenant legislative changes. Rent pressure zones, rent certainty measures, and changes to Part 4 tenancies are among recent changes of which many landlords have little or no knowledge, or often anecdotal inaccurate information.

Under pressure landlords in Galway whose properties are being repossessed by the banks are being forced to evict tenants, as banks are insisting on vacant possession for sales to go ahead. This is according to Tuam based councillor Sean Canney who says he knows of five or six incidences of this occurring in his local area.

Galway West TD Derek Nolan has called for a set of standards to be put in place to ensure that the exterior of rental properties across the city are maintained to an appropriate standard.

With over half of city private rented properties and 82 per cent of county rented properties failing local authority inspections,Threshold Galway is calling for an NCT-style inspection process to place more responsibility on landlords to ensure that their property meets the standards required.

There has been a noticeable increase in demand for rental properties in Galway of late, compounded by additional property buyers being held back by restrictive bank lending, increasing employment, and a general increase in population. According to local property letting agents, there has been a ‘surprise spike’ in queries in recent months, and rental properties are being snapped up within days of becoming available, and they expect that rising demand for rental properties will continue for the foreseeable future but caution that it can still be a tough business.