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When you become a landlord in Ireland there is a list of minimum standards for residential rented accommodation, set out by the Residential Tenancies Board (RTB), that you must comply with.
As a landlord, you have a responsibility for meeting these minimum standards, and keeping up to date with the ever-changing minimum standards and legislation.
Before moving any tenant into your property, you must ensure your property meets the minimum standards required and is adequately equipped to ensure safety, comfort, and compliance.
It is recommended by the RTB that landlords or their property manager carry out regular inspections throughout the tenancy. This is important to ensure any unreported maintenance is brought to light, tenants are fulfilling their obligations and to ensure the property is in a good and safe state of repair.
Reasonable notice should be given to all tenants before a landlord enters a property. A mutually agreeable time should be agreed in advance.
When a tenant believes that the property they are renting does not comply with the minimum standards listed above, they should first notify their landlord in writing. A reasonable time period must be given to the landlord to rectify the issue and reasonable access to the property should be allowed to make any repairs, changes or replacements.
If the issue is not resolved, tenants can then contact their local authority who are responsible for enforcing such standards in residential properties. If required, the local authority will then carry out an inspection of the property.
To avoid such issues occurring, it is a good idea to keep-up to date with any changes to the minimum standards through your estate agent or our own research.
The list of minimum standards is long and can often leave landlords doubting their efforts and wondering if they have met all the requirements adequately. Some stipulations can leave the landlord guessing whether they have fitted particular safety devices correctly and if they have supplied the tenant with the best standard of safety equipment possible. It is easy to unknowingly become non compliant, serve an invalid notice or rent increase to a tenant.
A good way to alleviate any worries is to work with a property management company who can take responsibility for all of the above and much more.
At Herbert and Lansdowne, we work with landlords every day and use our wealth of experience to free up your time and take the pressure off by ensuring all minimum standard requirements are met, mid tenancy inspections are complete, repairs are complete in a timely manner, and we even have a 24-hour emergency maintenance team to deal with any leaks, fires, break ins and emergencies outside of normal hours.
We are offering a 3-month free trial to all landlords that would like to test drive the management service. Along with the above, there are a lot of additional aspects to the service – point of contact for tenants, arranging maintenance, key holding service, photographic inspection reports, and rent collection service to mention but a few.
The cost of our management service is 6% of the monthly rent plus VAT at 23%. Based on a rent of €1500 plus vat, this would work out at €90 plus vat per month. This is a fully tax-deductible expense and one of the best investments you can make in your rental property. We will ensure that maintenance is complete at competitive rates, rent increases are complete where possible and any tenant issues are dealt with as efficiently and effectively as possible, ensuring your asset is performing to the best of its ability.
Having your property professionally managed will ensure that you and your property are meeting all the requirements, your asset is performing to the highest level and most importantly that you do not have the stress or worry wondering if you have done everything required of you.
Call Alan McMurray today on (01) 5329000 or email alan@herbertlansdowne.ie to discuss our property management service. Bespoke management packages can be arranged to suit your needs.
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