Empowering Landlords Nationwide

The introduction of the Private Residential Tenancies Act on the 1st September 2004 introduced many new legislative measures governing landlord and tenant relationships, including the establishment of the Private Residential Tenancies Board (PRTB). Other legislative changes including the Building Energy Rating requirement, the Housing (Standards for Rented Houses) Regulations 2008 have also served to further regulate the private rental market in Ireland.

These legislative requirements, coupled with the economic downturn, a reduction on mortgage interest tax relief on investment loans, declining rental incomes and falling property prices, are all placing increased pressure on a landlord.

Landlord Support Services developed a range of information, advice and advocacy services to assist landlords with their rental property business.  Whether it is a one-property owner who is not au fait with legislative issues, or an experienced property owner who is dealing with difficult tenancy issues our expertise and knowledge provides solutions. In our experience many buy-to-let property owners do not fully understand their rights and obligations as a landlord and very often make mistakes due to a lack of knowledge and experience in dealing with tenancy issues.

The service takes the hassle out of letting and provides varying levels of support as required by each individual client. In recent months, the service has seen an increase in the number of property owners contacting them regarding rent supplement payments and also clients who are dealing with rent arrears.  “Ensuring a tenant is issued with the correct notice required under the Residential Tenancies Act 2004 is vital in order to save time and in turn minimise the arrears” said Catherine O Shea of Landlord Support Services.

We believe effective mediation can resolve a tenancy issue and in doing so avoid time consuming dealings with the PRTB.  However, when required Landlord Support Services can interface with the PRTB on behalf of clients, prepare cases for PRTB Adjudication Hearings as well as representing clients at these hearings.  This service, along with dealing with the day to day issues involved in letting agreements and arrangements, can be handled quickly and efficiently.

A tenancy preparation service is also provided which prepares an amateur landlord to self manage their property in an efficient manner as well as advising on how to avoid common pitfalls.  Lease agreements can also be tailor made to meet individual requirements and legally compliant notices can be drawn up and issued to a tenant.

Landlord Support Services is holding a Free Information Evening for landlords in the Rochestown Park Hotel on Tuesday 14th September from 5pm to 8.30pm. Landlords will have an opportunity to meet a representative from the PRTB, Cork City Council Rental Accommodation Scheme, mortgage advisor, tax assist accountants and a number of other relevant services advising on the rental property market.  Admission Free.  For further information please contact Landlord Support Services on 021 4297955 or visit our website http://www.landlordsupport.ie.

Landlord Support Services saving landlords time, energy, money and distress

About Bill Anderson

Bill is a qualified financial adviser (QFA) and also a qualified accountant (FCCA).
This entry was posted in Mortgages, Wealth and tagged , , , , . Bookmark the permalink.

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