Property News Archives - earnest

Non-Resident Landlord Update

Non-Resident Landlord – Update 2021

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. … Continued

Why to invest in Bitcoin today

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Why to invest in Bitcoin Bitcoin is hitting all-time high prices – so are there still good reasons to buy Bitcoin in 2021? If you look back through bitcoins history you will see in 2017 that the crypto currency had hit an all-time high of $20,000. This however didn’t last quite long as in 2018 … Continued

HOUSE PRICES JUMP 7.4% IN 2020, AS SUPPLY FALLS

Daft.ie released their House Price Report for Q4 2020 was a strange year for the housing market.  Throughout the second quarter of the year the prices of houses had fallen but come the third quarter of the year they rose back up again and rose a further 2.2% in the final quarter of the year … Continued

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 … Continued

Update COVID-19 & Renting – August 10

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 … Continued

8 Steps: Dealing with Rent Arrears under New Legislation

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 … Continued

Rent Predictability Measures Introduced December 2016

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The Minister introduced a number of changes affecting both landlords and tenants as part of a rental strategy and these measures came into law on 24th December 2016. The Rent Predictability Measure is intended to moderate the rise in rents where rents are highest and rising. The entire of Co. Dublin is included in this … Continued

Two ways a 4% rent cap endangers tenancies

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There are two situations where tenancies are being endangered with the introduction of the rent cap and neither of them are being discussed. Although I will explain in more detail, the two “loopholes” are: 1) Substantial refurbishment 2) The 4 year cycle Here are two case samples showing how the rent caps may actually encourage … Continued

Tenants: Don’t forget to Claim your Rent Relief

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If you are renting accommodation privately (whether in Ireland or outside the State) and pay income tax, you may be eligible for tax relief on part of your rent. You can only claim this relief if you were already renting at 7 December 2010. If you were not renting on that date and you subsequently … Continued

Average rents to soar above €2000 per month

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The Help to Buy scheme is the only measure taken in Budget 2017 to stimulate the supply of new homes in Dublin. It is designed to help first time buyers but essentially it is a grant to developers that will probably increase asking prices. The government are taking a gamble that higher prices will boost … Continued

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