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Hi all, please see this major site announcement: https://www.boards.ie/discussion/2058427594/boards-ie-2026

Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2 Posts: 16,972 ✭✭✭✭Flinty997




  • Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭SupaCat95


    You are naive if you think politicians, county council officials and builders do not meet and swop prefilled brown envelopes.



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


    I never said they didn't. You are drifting way off topic



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


    I haven't agreed with you on anything in this thread- but you've hit the nail on the head here. It's personal responsibility, the same people saying they can't do anything cos we live in a nanny state, look for the taxpayer/government to become a nanny state and bail them out when their decisions get them in hot water.



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


    They should be building new homes not driving people from their rented homes so they can be bought and re let to social tenants. I don't think any of the 4 people I work with are going to get a social house just like that.



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


    I agree with you but there doesnt seem to be any pressure on the govt to stop buying up private homes or to start building their own social homes at scale.



  • Registered Users, Registered Users 2 Posts: 1,726 ✭✭✭Benedict XVI


    Piece here on RTE about the flood of correspondence to the Housing Minister, forwarded by other members of the Oireachtas from landlords expressing their displeasure with the new laws and their plans on selling up.

    I'm neither a landlord nor a tenant but from day one of the rent pressure zones almost a decade ago I always believed that the government were on the wrong track.

    They should be incentivising people to build, losening planning laws, offering tax breaks etc

    I know it went to pot last time but with better oversight it would work



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


    It's incredible really.

    Like they just stuck their head in the sand and refused to believe the obvious outcome.

    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: 22,098 ✭✭✭✭Bass Reeves


    I think the government got caught out in that thry taught LL's would accept the change and trundle on. What is happening is only the tip of the iceberg. Any time a house bevomes vacant LL's muzt not make a decision regarding reletting. Uf you had 4-5 properties many choose to sell a one or two to becone a small LL. House values are good so it takes the sting out of capital gains.

    If you had a property with a non economical rent this was the final straw. For many older investors maybe dealing with HAP, it was probably not worth the hassle any longer.

    Slava Ukrainii



  • Registered Users, Registered Users 2, Paid Member Posts: 22,098 ✭✭✭✭Bass Reeves


    Probably another decision becase of the legislation

    https://www.rte.ie/news/regional/2026/0320/1564461-sligo-home-evictions/

    Slava Ukrainii



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  • Registered Users, Registered Users 2, Paid Member Posts: 22,098 ✭✭✭✭Bass Reeves


    Todays Independent has an article where estate agents are say 50% of there sakes at prezent are ex rental.stocks.

    Evictions to surge as sales by landlords make up almost half of homes on the market. Has the government used a sledge to crack an egg.

    https://www.independent.ie/irish-news/evictions-to-surge-as-sales-by-landlords-make-up-almost-half-of-homes-on-the-market/a950988239.html

    Slava Ukrainii



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


    They keep asking the state to purchase these properties from the landlords getting out. How much money do they think the state can afford as these evictions keep increasing? And as the dogs in the street could tell you for years. This is now a snowball and hundreds wants out of renting out property for good, so are leaving as their tenants vacate. The state cant buy them all.



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


    When will we have emergency legislation after they panic?



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


    They've been in a panic for over a decade now. One fck up after another. Renter havent realized yet that all this regulation is actually the reason supply has decreased and rents have risen.



  • Registered Users, Registered Users 2 Posts: 1,046 ✭✭✭DmanDmythDledge


    It was inevitable that landlords would start to leave the market once house values recovered to pre-recession market rates. The new laws would have only firmed up the decision for those. Stevie Wonder would have even seen it coming.



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


    Sales have nothing to do with house prices recovering, the crash happened in 2008/9 ended in 2012, any accidental LL would have covered enough between rent and increase in value to have gotten out well before now. It's all new laws and general negativity plus fear of what's next.



  • Registered Users, Registered Users 2 Posts: 1,046 ✭✭✭DmanDmythDledge


    The new laws have definitely had an impact, but a lot of people would have waited until prices matched or exceeded what they paid.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    I think LL's will thank the state for there incompetence and pushing them out of the market. I think the top of the market is very close



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


    Hi folks. I am sending another notice to sell in the morning so again i had to get the notice signed by a solicitor today as required by the rtb. Can any tell me the reason for such a request in the first place? You would think if you signed it yourself stating your plans to sell at whatever date that should keep them happy.



  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭alias no.9


    Friction, slow down the process and drag things out to try and act as a barrier to exit for landlords



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


    Hardly that



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


    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: 96 ✭✭Aidensfield


    I asked him while i was in with him if he was signing many for other landlords, He said some but not a huge amount but he did say any landlords that had tenants in place had no intention of entering into a new contact once the tenants leave. I think myself that most of these guys or girls in this situation that are waiting for a tenant or family to move out for whatever reason or perhaps are leaving the tenants in place out of sympathy or what ever will have a quick change of mind if they encounter even the tiniest bit of trouble. Even something as small as a plumbing issue or a broken window hinge will be enough to push them to start looking up sale prices. I am now on track to becoming a small landlord by early next year. Now i have notices sent out i have to say i feel much better about it. I have greatly reduced the risk and it will be good to become completely debt free. I will probably keep the last 3 remaining rentals for some time to see how it plays out. I have other income so it does not hurt so much. I strongly suggest that any landlords sitting on the fence make a decision to now take steps reduce their risk. Do not wait. Remember how we got roasted when the rpz zones first came in and the thanks we got for being soft hearted? Don*t get caught out again and don^t be fooled by those bitchin to you about having morals. Do not take advice from clowns that have nothing preaching to you about right and wrong, You know yourself the difference between right and wrong, any business man or woman will be able tell you the risks brought about by the new regulations. I have encouraged and helped many others to purchase buy to lets several times down through the years. If a young person asked me today about buying i would firmly catch them by both shoulders before giving them my short answer. So once again folks act now. Tick toc. Best of luck to everyone.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    The tail wags the dog, one day they'll find out

    1000005100.jpg


  • Registered Users, Registered Users 2 Posts: 7,090 ✭✭✭Claw Hammer


    It is an offence to sign a false declaration. By having it witnessed, you won't be able to deny signing it later.



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


    I think they get it witnessed because some LL's were "selling" but then re-rented it for more once the tenant was gone.

    Honestly if I were you, I'd sell the last 3 unless you are keeping them for your kids. No call on easter Sunday or Christmas day saying something broke only to find it broke 2 weeks ago. You also have the risk of what happens when SF come to power or if there are 1000's of evections and the Government panic and bring in more laws or an eviction ban and your tenants stop paying.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,098 ✭✭✭✭Bass Reeves


    There is little risk of SF doing w0% of what they claim.when they get into power. Look at them.in NI. They got caught bu the DUP a about 5-8 years ago. They made some proposal and put it before the assrmbly expecting the DUP to vote against it. The DUP abstained. SF had to reverse the legislation. It was either to do with small businesses or housing

    They also prevented legislation on right to buy in I

    Slava Ukrainii



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


    Housing has been in crisis for 4 decades now - I remember queuing to rent grotty lats in Ranelagh in the 80s. When we started selling off council houses and didn't build any more. That was the government decision that started this whole mess.



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


    I think age is a factor as well. Many of those selling out now bought their first rental places with SSIA money. That scheme inflated the price of property and exacerbated the subsequent crash. Many felt trapped in negative equity and the concept of 'flipping' the property was no longer attractive - leaving them as landlords. That cohort were mainly mid 30s to 50s - many are retiring now and finding being a landlord very inconvenient. Also almost all of that group will have paid off their mortgages now.



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


    I get that but really you either signed it or you didn't. I would be a bit of an unlikely story to pretend you didn't. How many people are likely to try that stunt?



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