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Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Stop with the condescension, you sound like a dick.

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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Oh ffs. Notice of termination of a tenant's lease is legal terminology, but people don't speak like that unless they're a solicitor or barrister. You don't talk about Mick from up the road being done for driving a mechanically propelled vehicle in a public place in a manner deemed dangerous to the public, do you? You'd say Mick was done for dangerous driving, like a normal person.

    Bob telling Mary she has to vacate because Bob's niece will be getting the apartment as she needs it to attend college - whether or not the same place is up on Daft again a week after Mary moves out - is an eviction, pure and simple.

    If you find the language emotive - maybe don't evict people who are paying their rent?

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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Sorry, how is the nursing home being greedy?

    Surely they'd have entered a legally binding contract with the tenant - sorry, patient, guest, whatever term you prefer - for fair recompense in return for providing shelter, food and medical care? Is a landlord - sorry, nursing home - not entitled to make a profit?

    After all, they have all of these costs - wages, pension fund, VAT, insurance, energy bills, food, cleaning, etc., not to mention they're taxed on their profits before they can even declare a dividend for their shareholders. And those poor shareholders, if they leave those shares to their children in their will, they'll have to pay inheritance tax on it!

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


    I can see from all your posts you are an angry kind of a boy 😀



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    And I can see from yours that you're unable to rebut my arguments so you revert to ad hominem, so maybe I'm not the immature one, here?

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


    Very easy to rebut all of you arguements. 🙂



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


    Regarding the nursing homes. Yes they should be able make a good profit like any business. However i have seen first hand the very poor service some old folk get at a cost of around 1500 per week. I have also seen first hand where a relative tried to take out an uncle from the home to look after him herself and the home in question did everything they could to try and stop her. I don't like to see them taken advantage of. That is why i would call them greedy. Not because they want to run a business at a profit.



  • Registered Users, Registered Users 2 Posts: 4,217 ✭✭✭spaceHopper


    No, the damage is done.

    If you have 4 tenancies and one moves out, if you relet it, you become chained to the tenants and can't sell at anywhere close to market rent.

    Even if you only have one property, who knows what new law will be passed next year or even next month.



  • Registered Users, Registered Users 2 Posts: 5,878 ✭✭✭BlueSkyDreams


    This is a big issue for landlords. Uncertainty.

    As the number of landlords leaving the market increases, the govt may tighten rules further to keep hold of the landlords that remain.

    A fear of even tighter rules coming along the line is going to spook many landlords.

    Its easy to see why landlords will sell up now while they have the chance.



  • Registered Users, Registered Users 2 Posts: 2,471 ✭✭✭mrslancaster


    I’ve heard people say ‘we got notice’ rather than ‘we were evicted’. Getting notice is because the property owner is lawfully ending the contract for a permitted reason. Tenants can end it at any time without any reason. Paying rent is an obligation of the contract, it’s not a goodwill gesture or a reason to prevent an owner from their right to lawfully end a tenancy.

    Two parties to the contract, both have a right to end it, yet many politicians and tenant champions feel that one party to a tenancy should be denied their right to end it. I don’t agree with that pov.

    I agree that an illegal eviction is disgraceful and any landlord who does it should be prosecuted. However, being ‘evicted’ legally by bailiffs means the tenant has denied the owner their right to lawfully end the tenancy, and also ignored the later determinations of the RTB and courts who upheld the owners rights.

    Denying the rights of one side to promote the rights of the other sounds like discrimination to me. Even when couched in emotive language.




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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    So you regard €1500 as "greedy"? The average cost for a kid's place in a creche is €800 to €1k a month, and that's for 8 hours care Monday to Friday, two meals, no medical care. A nursing home place for €1500 for 24/7 care, 3 meals plus teas and coffees, medical care, and activities, by comparison, does not seem in any way greedy.

    Yes, some nursing homes don't provide the best of care. Others do. A bit like landlords and tenants, that!

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  • Registered Users, Registered Users 2 Posts: 2,471 ✭✭✭mrslancaster


    Yes, some nursing homes don't provide the best of care. Others do. A bit like landlords and tenants, that!


    I don’t see any regulations compelling a private nursing home or crèche to continue supplying their services when the client stops paying. I have no experience of how long-term nursing homes operate but presumably the reason for the Fair Deal scheme is to ensure they are paid, even if they have to wait a number of years.

    Not a bit like landlords and tenants in so many ways imo.



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


    I just knew you were gearing up to try and compare my comment about nursing homes to the residential lettings. A bit pathetic i must say. Anway you want me to rebut all your commets it seems so regarding the charge of 1500 that is for a week not a month. You are getting all hot and bothered. I have no problem with a business making a profit. Landlord, nursing home, transport company, makes no odds. Every business should make a profit. You like to argue just for the sake of it. So once again no problem making a profit at all. There is homes and farms all over the country being sucked up by large nursing homes everyday. If i as a landlord had to take in an elderly vunerable person as my tenant and the could not afford the rent i would not feel comfortable about trying to claim ownership of their home or farm as payment. I would rather leave it to the state to provide that service. I consider this to be incredibly greedy.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    I'm perfectly calm, you're the one resorting to willy-nilly personal attacks.

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




  • Registered Users, Registered Users 2 Posts: 2,471 ✭✭✭mrslancaster



    Following my earlier post, I’ve just been told the HSE pay the nursing home on behalf of the resident. The Fair Deal loan is provided by the state and repayment is deferred until a resident is deceased and settled from their estate. I am not familiar with the procedures and thought the nursing home had to wait 🫢.

    Looks like nursing homes are the same as every other business in the state, paid when the product or service is provided otherwise the service is stopped or withdrawn completely. Unless it’s a landlords it seems. It’s very odd that so many people think landlords are running charities or have the same remit as a local council to provide housing at a cost to themselves.



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


    I am open to correction on my post about nursing homes being greedy. I have a friend who owns and runs a nursing home very well. He cares about his lodgers and is not in anyway greedy. He would never try to take their property. I was referring to the bigger homes where the standard of care is very poor coupled with extreme fees, I may be wrong.



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    No it's not. Its property owners serving notice to vacate the premises (the asset they own) so they can have their property back.

    Its not lads arriving in the night, busting down the doors and turfing out the occupants. We really need to move away from the use of archaic, emotive language like this. It's weaponised by all the anti property lessors idiots. Successive governments have pandered to these clowns, for at least the last 10 years, and look where we are now. A total disaster of a situation for everyone, property owners, renters, politicians, everyone, and it gets worse every year.

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    100%

    You can see the type of rhetoric it invokes by the certain overly angry and nonsense posts on here.

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry


    Especially when just 6 or 7 months ago they were being told that the new legislation would get rid of RPZs and let them get back to market rent in March. They wont fall for that again.



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  • Registered Users, Registered Users 2 Posts: 2,562 ✭✭✭extra-ordinary_


    We've gotten to the crux of the issue!!… Just stop using the word 'eviction' and everyone's sorted!!



  • Registered Users, Registered Users 2 Posts: 1,923 ✭✭✭ballyharpat


    I've issued 3 notice of terminations, I've done one eviction in my 14 years as a landlord.

     

    Notice of Termination

     is the formal, legal document notifying a tenant that their tenancy is ending, required to be served with proper notice and grounds. 

    Eviction

     is the final enforcement process, often involving legal action, used if a tenant refuses to leave after the termination notice period expire



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    Thanks for clarifying for those angry posters, although it won't make any difference when someone has a dumb idea stuck in their head.

    "Hateful People Are Less Intelligent, According to Science
    Empathy requires a smarter, more evolved brain"

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    And which of those two definitions apply to the situation where somebody has a tenancy agreement, is a good tenant, has been paying their rent on time every time, and then they get a "notice of termination" from the landlord, on the grounds that they need the place for a relative, or to carry out major renovations, or what have you, only to have the place back up on Daft at a much higher rent within a week?

    Or are all of the posts on various social media platforms outlining such cases made by bots?

    Sorry if this is too "angry."

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  • Registered Users, Registered Users 2 Posts: 2,471 ✭✭✭mrslancaster


    The rental rules are complex but it’s not that hard to understand that both parties to the contract have a right to end it within relevant rules. Paying rent on time is a legal obligation and not a reason to handcuff a landlord into a contract for ever.
    As for a landlord who terminates for family use or renovation and then advertises the place the next week - agree, that’s disgraceful and any landlord doing it risks huge fines and sanctions from the RTB. If a previous tenant knows about it they should report to the RTB.



  • Registered Users, Registered Users 2 Posts: 1,923 ✭✭✭ballyharpat


    It's very clear, a notice of termination is given with full legal requirements to someone who is in a contract with a house owner, but the house owner wants their property back for their own reasons, so they issue a notice of termination of the contract. Their is no other obligation to be met or required as they are following the law.

    It's not an eviction as the tenant has done nothing illegal and until they do, the landlord cannot evict someone that is following the law, failing to follow the requirements of a legal NOT is against the law.

    I'm not sure what you are expecting, you are asking a question about something that is clearly defined in the definitions of each. If you cannot understand it, when it is written clearly, in layman's terms, there is no other way to explain it to you in simpler terms.

    If a landlord and a tenant have a contract that was issued before December 24 2016, there were 4 year leases when the contracts were signed, these were then increased to 6 year leases in December 2016. If the tenant is still there, they had the 4 year lease, which brought them to 2020, at which point the new contract went into a 6 year lease, automatically. The landlord, after 10 years can issue a notice of termination without any reason, they can choose not to continue the contract/lease. If the Tenant refuses to leave, then they will be legally evicted, as per the law. If the dates are not correct and the tenant is on an indefinite contract, as had been the case for the last 4 years, then the landlord cannot legally issue a notice of termination without meeting the requirements put in place in 2022.

    This is all probably over your head, but if you sit down, take deep breaths, take it one step at a time, it may become clearer to you if you can remain lucid.

    Breathe……..



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    But, but… landlords bad… something, something….

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



  • Registered Users, Registered Users 2 Posts: 179 ✭✭thenuisance


    Had an interesting chat with a friend over the weekend. He's retired from the property business but his family are still involved. He had some interesting points on the legislative changes and the consequences. Might help to bring this thread back to being a bit closer to it's original intention.

    1. The effects on the rental market will not be as significant as people are suggesting
      a. The private rental market is small
      b. The proportion of the market that is made of small players is even smaller, and diminishing as the big BTL landlords start to dominate.
      c. In the past more than 80% of rental properties sold return as rentals. He believes that might decrease this time but not by much. Rental properties in areas or blocks where a lot of the properties rentals are not attractive to buyers who intend to be owner-ccupiers. Properties that people retained as rentals in areas where they had bought to live (e.g. where a couple get married and keep one property as a rental) will sell OK but anything else might not be attractive. As a result the price will fall , as he says, 'there will be plenty of bottom feeders who will snap them up'.d. At worst a two bed rental might have provided accommodation for 4 people and end up being occupied by only one person - but in practice it's likely to be 2 people or 2 people with a child. So the numbers seeking new accommodation will not be as high as you might think. Also high density accommodation tends to be let by the bigger landlords who are more likely to remain in the game.
    2. There have always been bad landlords and bad tenants. Although his primary business was buying and selling property he also owned a number of properties that were rentals and managed properties for clients. He had very few bad tenants over the years and he said that the most important thing he did was making sure he got decent tenants - he would drop a couple of months rent just to get a good tenant - and he said that paid off - 'when you read the landlord tales of woe you'd often think - well you should have seen that coming' - he said it's not possible to be 100 per cent but you can cut the risks dramatically by being careful.
    3. Small landlords have set themselves up very badly - understandable if they are 'accidental landlords' who end up with a single property - but he considers it unforgivable for folks with a number of properties. He reckons they need to set up as companies - the tax and pension advantages and the inheritance issues alone justify that. As he said even if you set up your family as directors and give them one4all vouchers (tax free) at Xmas you'll cover the price of the accountants fees.
    4. Small landlords stay in the business too long. Trying to manage a property on your own in your older years is just wearing. Selling up after you retire leaves you with a problem - cash that you can't tip into your pension. Selling up early (as long as you are still working) allows you to top up your pension - when you retire you can take 25% of your pension lump sum tax free. Not selling up before you die leaves your family with a problem - particularly if you haven't done advance planning.


  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry


    There have been a lot of notices sent in the third quarter of 2025 though. Thats a lot of people looking for new places to live. God only knows what the figures will be for the last quarter up to today. I suppose we dont have too long to wait to find out. If its going to happen at all, its all going to kick off over the next year or so as people move out after their notices.



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  • Registered Users, Registered Users 2 Posts: 5,878 ✭✭✭BlueSkyDreams


    A lot of the properties will be bought by AHBs or councils & wont return to the private market as a rental.

    There will be a decrease in the number of private rentals as a result and that in turn will push prices higher for private renters.

    Small landlords may only be 25% of the market but if even 10% or 20% of them sell up it will have a big effect on the availability of private rental stock & will push prices higher.



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