Frequently Asked Questions | Landlords

Yes, we have significant expertise in overseeing the management of apartment rental properties in Ireland, and can assist you with all aspects for your apartment let, from initial marketing to advice on compliance regulations and obligations.

Herbert and Lansdowne is Dublin’s leading estate agent for overseas landlords. We offer an end-to-end property management service for overseas landlords who require a reliable and hands-off service. For a detailed breakdown of our letting and property management service for overseas international landlords visit https://herbertlansdowne.ie/landlords/

Yes, due to our extensive expertise and network, we have a number of relationships with third party professionals such as accountants and tax professionals, specialising in overseas landlord clients, to whom we can refer you to for additional support.

Landlord insurance is a specific type of insurance cover designed for rental properties and landlords. While various policies in the market will differ, many policies will offer certain protection for landlord-specific risks such as loss of rental income (due to an insured event such as fire) and liability insurance, in addition to protection cover for the property/building itself.

Whilst, at the time of writing, Landlord Insurance is not compulsory in Ireland as of yet, certain mortgage providers may require you to have certain cover, such as Buildings Insurance in place, so you should consult your lending institution for specific requirements as a landlord.

If you begin to rent our your home as a rental property, it is important to notify your insurance provider that you are now renting out the property and are a landlord.

Unfortunately, this is a common misconception within the market. It is important not to assume that public liability cover is included with the Block Policy of your apartment building, as this is often not the case. As an apartment owner and landlord, it is always advisable to query the level of cover in place with your insurance provider (or management company) and satisfy yourself you have sufficient cover in place to protect against unforeseen events.

Again contents cover is often not part of the standard insurance policy and must be added separately (again it is important to consult your insurance provider to fully understand your level of cover).  If your rental property is let to the market fully or partially furnished, you may wish to add contents cover to your policy (see also a more comprehensive discussion of Landlord Insurance).

Under-insurance occurs when the sum insured on your insurance policy is less than the rebuild cost of your property.     For a more in-depth discussion of underinsurance and how it could affect you as a landlord, read our article on The Silent Risk of Property Under-Insurance.

In the event that your property suffers damage or total loss, you will have the option to hire a loss assessor to act on your behalf, who will conduct an investigation of the damage and prepare the insurance claim on behalf of you, the policyholder.

• A professional loss assessor is specially trained in this area and can ensure that all aspects of the claim are fully assessed and taken into account, protecting your interests.
• The loss assessor will conduct the negotiations on your behalf directly with the insurance company and act as your representative throughout the claims process.