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Another important point highlighted was that of Fire Safety - Increased inspections - As highlighted recently by the Sunday Business Post a significant number of rental properties are failing to meet the required fire safety standards.
With inspections on the increase and fines of €5,000 now is the time to ensure that your property is compliant.
With inspections on the increase and fines of €5,000 now is the time to ensure that your property is compliant.
Training Course
There is a One Day Residential Lettings Best Practice Training Course taking place on Thursday 22nd May 2014
Topics include:Changes to Tenancies Act 2004
Dealing with over-holding
PRTB Case Best Practice
Find out more information Here
Rents on the increase in Ireland
On an annual basis this means that rents in Dublin grew by 7.6%, comparing Q4 of 2013 to Q4 of 2012.
In contrast, the market outside Dublin was more subdued, with 'outside Dublin' showing an increase of 1.1%, comparing Q4 of 2013 with Q4 of 2012. Some of the bigger urban areas outside of Dublin (eg Cork and Galway) saw modest increases while in many areas outside of Dublin rents declined.
The Irish rental market experienced a peak to trough decline of 26% between 2007 and 2012. Find out more Here