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  • DUBLIN RENTS FALL 3% IN 2020 – BUT RENTS ELSEWHERE UP 5%
    Daft.ie says: The latest Rental Price Report 2020 Q4 which shows that: Average national rent in Q4 is again higher than a year previously and is now €1,414 – but is lowest rate of inflation since 2012 Rents in Dublin fall by 3.3% in one year and is now €1,984 In Dublin 1, Dublin 4…
  • Help to buy scheme
    Help to buy scheme Citizensinformation says: The Help to Buy (HTB) helps first-time buyers of newly-built homes to buy a new house or apartment. It also applies to once-off self-build homes. It only applies to properties costing €500,000 or less. The Help to Buy incentive scheme gives a refund of income tax and Deposit Interest…
  • The effect of Covid 19 on the property market
    How Covid-19 has led to the biggest shift in home-buying habits since the crash   ‘We are going through a profound once-in-a-lifetime shift in the property market,” is how one estate agent described an extraordinary period during which Irish property prices have defied all predictions by holding firm or also increasing, sometimes substantially. The drift…
  • Fair Deal scheme
    What is the ‘Fair Deal scheme’? The Fair Deal Scheme provides financial assistance for people who need long-term nursing home care. An individual’s contribution is based on their means. The State through the Health Service Executive (HSE, pays the balance of the costs in public, private and voluntary nursing homes approved under the scheme. This…
  • Rent Reviews & Evictions Update 2021
    Rent Reviews & Evictions Update 2021 Evictions: An eviction moratorium is in place from the 31st December 2020 and is due to expire on 10th February 2021 (31st January plus 10-day grace period). This legislation has been re-introduced as a result of the return of 5km restrictions on people’s movements. Please note any time there…
  • Why landlord insurance is a good idea
    Why landlord insurance is a good idea. If you’re renting an apartment or house and you don’t have landlords insurance, you might want to reconsider.   As a landlord, your biggest areas of concern should be: Protecting your asset against damage Liability cover (in case you are sued) Loss of rent   We find a…
  • Non-Resident Landlord Update
    The Revenue has made some changes around tax returns for Non-Resident Landlords. They now require that the Landlords Collection Agent is the same person or company that completes their annual tax return. As Earnest are not tax advisors or accountants, we can’t complete non-resident tax returns and so we can’t be the appointed collection agent….
  • Moving out?
    Moving out? There are a few steps that every tenant should take in the weeks leading up to the big move. So start planning early! Please follow these steps to ensure that your property is transferred back to the landlord or agent in good condition. Clean the property Once you have vacated, an inspection will…
  • Update COVID-19 & Renting – August 10
    Notices of Termination can again be served from the 2nd of August 2020, and the usual protections under the Residential Tenancies Act again apply. Where a Notice of Termination was served before the emergency period and the notice period had not yet expired by 27th March 2020, the notice period was paused. The notice period…
  • 8 Steps: Dealing with Rent Arrears under New Legislation
    Dealing with Rent Arrears under New Legislation. There are eight steps detailed below which all tenants and landlords must follow if they find themselves in rent arrears. Failure to complete each step as set out below will lead to a Notice of Termination being deemed invalid. Step 1: A landlord must issue a 28 day…
  • Update COVID-19 & Renting – August 5
    The Residential Tenancies and Valuation Act 2020 was signed into law by the president on August 2nd. This new act specifically sets out protections for tenants that have fallen into rent arrears and as a result are at a risk of losing their tenancy. It also sets out to protect those whose employment was impacted…
  • Update COVID-19 & Renting
    COVID-19: Update on Emergency Measures to Protect Residential Tenants. Since 27th March 2020, emergency measures have been in place to protect tenants during the coronavirus emergency period. These measures have been extended to 1 August 2020. During the emergency period: 1 – A tenant cannot be served with a notice of termination. 2 – If…
  • New Tenancy Regulations Introduced
    Lots of new regulations and changes to the Residential Tenancies Act have been signed into law and are effective from Tuesday, June 4th 2019. Here is a quick summary of the changes that are now effective: New Notice of termination obligations & procedures If the landlord requires the property for themselves or their family member. They…
  • Updated Regulations Coming June 2019
    In case you are not aware, changes to the Residential Tenancies act are on the way and these are due to be signed into law over the coming weeks. It’s important to be familiar with them as they will impact every tenancy. Here is a quick summary of what changes are on the horizon. We…