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Landlords selling 2026

  • 02-01-2026 08:15PM
    #1
    Registered Users, Registered Users 2 Posts: 96 ✭✭


    Hi lads and ladies.

    After renting out residential property for the past 25 years or more the latest changes in regulations was the final straw for me. I have already sold a couple of houses in recent years and sent out a notice to sell letter late in 2025 for a 2 bed which I hope to have sold before this summer. After spending a few days researching over the holidays I have now decided to send out more letters this January. I may or may not keep a couple of properties for a few more years but I will think about this for a few more weeks before I make up my mind. I would strongly advise anyone with a number of rental properties to reduce their risk now while they still have the option to do so. The option of resetting to market rates after six years is a pipe dream and will certainly NOT be an option when the time comes. The risk involved in renting out property have now changed from very high to massive. Anyhow that is not what my post is about today.

    My question is what are other landlords going to invest their money into after selling up should you decide to do so?



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Comments

  • Registered Users, Registered Users 2 Posts: 172 ✭✭GalwayBmw


    del



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    good luck with your massive portfolio 😏



  • Registered Users, Registered Users 2 Posts: 16,962 ✭✭✭✭Flinty997


    I know a few decided to spend money on things on their retirement bucket list.

    People still buy proprieties to rent. A lot of leaving. But the majority of LLs are still renting out properties. Are they just prepared to take the longer term view and higher risks. I know none who are planning to stay in. All selling up when they can.

    So I've not talked to anyone who's staying in.



  • Moderators, Science, Health & Environment Moderators Posts: 23,281 Mod ✭✭✭✭godtabh


    I sold my rental property last year when I thought SF might get in power. Glad I am out of it.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Yes it is true SF was a deciding factor for many who have sold already. In the event SF is in power during the next term we will see even more anti landlord regulations but the difference is at that stage your hands will be tied.



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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    I also intend to spend just a little on the bucket list. I guess everyone has to do what they feel is best for themselves. I feel sorry for the smaller landlords that might have just the one property that may see it as a retirement plan. I fear there will be hundreds of them completely unaware of the huge risks that waiting for them around the next corner.



  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭Emblematic


    There's a need for a public information programme giving advice to people looking to invest in something other than property.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield




  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭Emblematic


    That was the government trying to shift state assets rather than public information on how to make wise investment decisions.



  • Registered Users, Registered Users 2, Paid Member Posts: 200 ✭✭topdecko


    Am selling after 20 years. Too much hassle. Whole country in RPZ now. Only found out when had to do PRTB reg.

    This was introduced and was originally for 4-6 years - only had to register tenancy once. Now it is yearly. The basically make life difficult for those adhering to guidelines and those not registered continue on regardless. Will be glad to get rid of TBH.



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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield




  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    And still the goal posts keep moving only at a faster rate and longer distance.



  • Registered Users, Registered Users 2, Paid Member Posts: 1,020 ✭✭✭angel eyes 2012


    We have one rental property with good tenants and we kept the rent below market value for this reason but we are contemplating selling due to increased risk. We still have a mortgage on the property also.

    We were hoping to sell our PPP too and move to a different area in Dublin but with very little savings and knowing there is a substantial tax bill due on the rental property, this doesn't look feasible. Bit of a first world problem, I know, but selling the rental property would be prudent at this stage before something goes wrong.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Everyones is in a different position. When you say you have very little savings can you handle making mortgage payments for a year or two if you have no rent coming in?



  • Registered Users, Registered Users 2 Posts: 85 ✭✭pooley124


    I've given notice to my tenants a few weeks ago. Rent is a long way below the market rate and it's not worth the ever increasing risks. They're entitled to 8 months notice so a long wait unfortunately before I can sell.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Hi Pooley. Your biggest problem is the time frame. 8 months from now the poo will really be starting to hit the fan in a massive way. Over holding for a long period of time will be a huge concern. 🙄



  • Registered Users, Registered Users 2, Paid Member Posts: 1,431 ✭✭✭wildwillow


    Landlords are treated like pariahs nowadays and I can't wait to be finished with investment in residential property.



  • Registered Users, Registered Users 2 Posts: 1,801 ✭✭✭notAMember


    I evicted all tenants and sold four units in 2025, just holding one last one for nostalgia sake in case I move back to Ireland some day. They sold very fast tbh, 20+ viewings on each of them in the first week, between 3-5 people bidding against eachother on them all. Really an odd situation to have created such a tightly leashed rental sector that it's almost impossible to function as a service provider, yet such enormous demand built up behind it. Glad I'm not living there trying to rent or buy, it really must be very stressful.

    To answer your question, I moved the investments out of Ireland and split it in 4 to diversify and keep a little more liquidity.

    1. A single foreign property unit in an EU city, rented out. (not liquid)

    2. topped up my non-irish pension (mid-liquid, as I can cash it out if I move),

    3 & 4. Low risk stock that pays dividends, and EFTs (liquid).

    I'm scratching my head at the Irish housing policy strategy still. I don't get it from a financial perspective or a social perspective.

    That's less tax for the exchequer from me and others like me, less incentive or available capital (aka my capital) for investors to build units. Socialist spiral is the only thing I can guess, make everyone reliant on the government for housing. Don't see how that works in an open economy like Ireland tbh. What naturally happens is that mobile citizens pick up their capital and sometimes also the jobs they create, and leave for another country. I think that approach only works in full communism where you've shackled everyone in.



  • Registered Users, Registered Users 2 Posts: 617 ✭✭✭sonyvision


    I have my own options to consider. Tenants are leaving as they just bought so the property is empty March/April. Would need to spend some money on updating kitchen/ painting/ floors then relist... or just sell the property, cash out and find another investment vehicles.

    If you got 350k cash where would you be sticking it? Pension already maxed, have another 30 years of working.



  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭Emblematic


    What the government could do is set up a national housing fund where people who want to invest in property could do so and get a reasonable return with additional tax incentives. This would encourage people to leave investment in individual properties while still being involved in property in some way.



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  • Registered Users, Registered Users 2 Posts: 3,311 ✭✭✭endofrainbow


    Fast cars, fast women and squander the rest 😉😉



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Hi Sony. You are probably thinking about the effect of inflation on cash sitting in an account, I know i am. Have you considered that when the chickens come home to roost and they will that maybe with the stroke of a pen the government of the day will dish out some incentives some great big dangling carrot to lure back in the landlords that they screwed over? They did it before for the commercial market after the last crash.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield




  • Registered Users, Registered Users 2 Posts: 617 ✭✭✭sonyvision




  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    I am not sure how that would work. The councils are unable to take care of the stock they have just look around at the countless boarded up houses in every town. I cannot see any government run agency working at all and at the same time the biggest provider being the small time landlords got whipped over and over by the government and the RTB until the only sensible option was to cash out and run. All sounds very negative i know!



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    Do you mind me asking who bought the properties. What percentage were investors?



  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭Emblematic


    Unfortunately for both landlords (and current tenants), the situation is unsustainable and these new measures have to be brought in for long-term stability.

    If a landlord wants to buy a property, they need to add some value over-and-above the value obtained by an owner-occupier of that property. Every home bought by a landlord is a home no longer available for purchase by a family and the current rental system with small landlords is not suitable for families due to lack of security for tenants.

    The Government can't spell this out directly as they don't want to lose the votes of landlords or those sympathetic to them, but at the same time they can't let the current dysfunctional system persist. The reason it has gone on so long is that property is a popular investment among politicians.



  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    I am not sure how any long term stability is being created by driving landlords out of the market in their thousands. If there is a excess of landlords vs rental demand then a tenant has options available to them should they need to move for what ever reason and not have to lay awake at night stressed out with fear. Currently the imbalance between supply and demand is huge and the new measures just added fuel to the fire. I am however open to look at this from all angles with an open mind.



  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭Emblematic


    Yes the measures are creating short term instability but I don't think there's a way around that. Long-term the situation is not sustainable and we need to deal with the short-term instability as best we can.

    What we have a shortage of is not small landlords with one or two properties, but units of accommodation whether they are owned by small/large landlords or owner occupied. The problem with a shortage of units overall is that if a small landlord sells up or wants the unit for a relative or whatever the reason, the tenant gets evicted. In the current shortage, this may mean they end up in the already overstretched homeless services.

    Is the solution then to bring in more small landlords or prevent them leaving? No, because each of these landlords (combined with the current rules) brings a bit of instability to the housing situation that does not exist if an owner-occupier has the house.

    The solution is therefore twofold.

    1. Increase the number of units. A complex and long-term task but worthwhile. Part of this would be attracting international and Irish institutional investors into the market.

    2. While 1 is happening, tighten up the rules on no-fault evictions, large rent increases, and increase security for tenants.

    This is really all that can be done, unpopular though it is among landlords who think they are doing the country a favour.

    Edit: removed a paragraph where I confused the current poster to whom I am replying with another poster.



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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    I struggle to see any logic in this at all. But thanks for the imput



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