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Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2 Posts: 5,088 ✭✭✭Villa05


    You've listed policies of the current regime as a reason not to try a different solution,

    Nevermind that a major contributor to the current regime engineered the greatest property and rent price crash the world has ever seen



  • Registered Users, Registered Users 2 Posts: 1,481 ✭✭✭Iscreamkone


    Do you think that the policies of the leftie parties would encourage more or less people to become landlords?



  • Registered Users, Registered Users 2, Paid Member Posts: 22,621 ✭✭✭✭Bass Reeves


    Deleted

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,212 ✭✭✭3DataModem


    definitely a softening in prices from 350-500 in the last few months. Couple of very desirable places fell through or are back on the market.



  • Registered Users, Registered Users 2 Posts: 2,537 ✭✭✭mrslancaster


    Those policies would probably encourage the exit of more small landlords - unless the parties’ policies prevented them from leaving in the first place 😳.

    Whatever parties are in government, it looks like the percentage of larger and institutional landlords is growing and that might be a better system for the state than managing a huge number of individual owners. Also better for people who want to be long-term or lifelong tenants as it provides security, regular maintenance and predictable rent increases. Imo, the rental market here will gradually move to the same system as other countries where dwellings are let bare bones, tenants are thoroughly vetted like applying for a mortgage, and rules on tenant obligations are strictly enforced. That could be a bit of a shocker here !!

    The RTA and other regulations on the rental sector have become so convoluted and small landlords don’t have all the resources of a large organisation behind them like in-house legal, maintenance or accounting teams. They are leaving because the rules change like the weather, it’s no longer financially viable, and the PR market has just become a head-wreck for them.



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  • Registered Users, Registered Users 2 Posts: 1,181 ✭✭✭DubCount


    A different solution?

    How about an efficient eviction process, or make staying in a property with no intention to pay rent a criminal offence (it is a form of theft after all).

    The opposition are not proposing a different solution. They are proposing more anti-landlord policies that would make the situation worse for tenants. Promises of more "affordable" and "social" housing with no plan on how to fund them, and no plan on where to find additional builders to build them is a ploy to get power, and not a different solution.



  • Registered Users, Registered Users 2 Posts: 5,088 ✭✭✭Villa05


    How about an efficient eviction process, or make staying in a property with no intention to pay rent a criminal offence (it is a form of theft after all).

    No complaints from the vast majority of renters on that proposal, after all they will have to pay a premium for default without consequence risk in the rental market. Remove or efficient processing of such risk benefits both renters and landlords.

    Many solutions are easy when you are looking at it from both parties involved



  • Registered Users, Registered Users 2 Posts: 4,229 ✭✭✭spaceHopper


    https://www.rte.ie/news/ireland/2026/0520/1574246-rents-ireland/

    Kind of related to this, thread, new laws and rent gone up



  • Registered Users, Registered Users 2 Posts: 15,704 ✭✭✭✭The Nal


    And then theres this

    https://www.irishtimes.com/business/2026/05/20/rents-surge-by-record-44-in-quarter-as-new-tenancy-rules-kick-in/

    So the evicted people now dipping back into the rental market at record rates! Worked well didnt it…



  • Registered Users, Registered Users 2 Posts: 8,573 ✭✭✭Grumpypants


    I finally did it! I'm out. Served eviction notice to tenants in August 2024 and closed the sale last month.

    Had to give them 9 months' notice. Two weeks before they were to move out, the clowns at Threshold got involved. Brain-dead advice that the tenant didn't even want, they were happy to move, but because it was through the council, apparently, they had some say in the matter. Council sourced a new house in May from a housing charity. But they stayed on in mine as they were using it as storage for all their crap until September.

    Absolutely nothing I could do. No contract with tenants, no contract with council, no one paying rent, but because they had a key I couldn't enter the front door.

    Finally got the house back in September. Luckily, only a few thousand euros worth of damage and rubbish to clear. Took 6 weeks to clean it up, re sow the garden, paint it inside and outside, and list it. Went sale agreed 2 weeks later! to first time buyers. But then that took 4-5 months to close out.

    Good riddance to the whole screwed up, anti-landlord, system.



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  • Registered Users, Registered Users 2 Posts: 86 ✭✭pooley124


    Well done, mine are due to move out at end of July, although they've already been involved with threshold so I'm expecting trouble. Rent is almost half market rates so unlikely it will be a rental again



  • Registered Users, Registered Users 2 Posts: 15,704 ✭✭✭✭The Nal


    Congrats! I did it a couple of years ago. Such a relief isn't it!?



  • Registered Users, Registered Users 2 Posts: 315 ✭✭society4


    I know a lot of landlords are leaving the rental game ..but although I haven’t made much on my rental Apt letting it out I’ve seen it as an investment and somewhere one of my kids can live in down the line….as they will find it impossible to get somewhere to live in a few years….My tenants have been exceptionally good to date/im pre-1st March so can’t put up to m.v. Just 2% a year…unless they leave….

    Am I missing the downsides here……can’t you just get the rental back at anytime if you want to sell or give to a relative to live in……?



  • Registered Users, Registered Users 2 Posts: 15,704 ✭✭✭✭The Nal


    can’t you just get the rental back at anytime if you want to sell or give to a relative to live in……?

    Yup. But the downsides are when your mortgage goes up by a few hundred quid with interest rate hikes and you cant increase rent to match, management fees going up and then you have to replace big things like doors, windows, plumbing, boilers, bathrooms, showers, cookers, fridges, dishwashers, washing machines, decking etc because a lot of the Celtic Tiger apartments were built by so quickly and shoddily. Was like the gold rush.

    Quote for a new balcony door in my old place was 4k. 😨

    Management companies hitting every apartment with an extra 2k charge to repair drainage after a storm and because the builder went bust years ago theres no one to go back to for a fix.

    And you could have a nightmare tenant. I had one. Almost daily contact at one point. "The kettle doesnt boil quickly enough".

    Then you realise on a 25 year €285k mortgage your actually paying about €450k in the end with interest and selling the apartment for €350k thinking you've made a profit (Which you'll be taxed on aswell) is silly etc etc.

    Absolute mugs game.



  • Registered Users, Registered Users 2 Posts: 5,088 ✭✭✭Villa05


    Apt letting it out I’ve seen it as an investment and somewhere one of my kids can live in down the line….as they will find it impossible to get somewhere to live in a few years

    Pretty much sums it up. We are using the countries wealth to make the country incompatible with life. It really is astonishing

    Ps Don't blame landlords for selling up, the system has forced it



  • Registered Users, Registered Users 2 Posts: 98 ✭✭Aidensfield


    Well done Sir. I give it 6 months or less before the next government interference, It may not be pretty. Girls and boys this could really be your last chance to get out or at to least a chance to greatly limit your risk. Do not take advice from folk that never achieved anything in their lives. Time and time again you read about how great it feels to be shut of rental properties from landlords who sell up. I have never once read that a landlord or landlady regretted selling up. I have a couple of properties vacant already and more tenants to move out near the end of the year. I have to say it already feels great.



  • Registered Users, Registered Users 2 Posts: 1,181 ✭✭✭DubCount


    This is the issue for Landlords. If you could be certain there were no more changes coming, then you could plan around the current rules. There have been annual changes to the rules coming in every year, all to "protect tenants". The fear is whats coming next. What happens if we get a SF government - will you be able to use your property for your family members, will you be banned from increasing rent, will you be unable to every sell your asset? Its as much about the "whats next" as the "What is".



  • Registered Users, Registered Users 2 Posts: 2,439 ✭✭✭SupaCat95


    Oh you are behind slightly, its called the compulsory purchase order act and its at stage 2 of reading in the Dail. Fair play to them senior civil servants and ministers, when yiu thought they couldnt screw with you any more...



  • Registered Users, Registered Users 2 Posts: 2,537 ✭✭✭mrslancaster


    I thought CPOs were used for road building etc. in urban areas or where land was needed for critical infrastructure around the country, eg electric cables or water pipes. Having said that, I heard several families on Rte recently who had land CPOd for a new cycle or walking trail a few years ago, and the council haven’t paid them a penny yet for their land even though the trail is already open and in use. That’s disgraceful if a CC can appropriate part of your land and then not pay for it 😤

    How will that new bill apply to rental property if / when it’s passed?



  • Registered Users, Registered Users 2 Posts: 2,439 ✭✭✭SupaCat95


    Yes they are. We had it in our family where the there was EU legislation that a railway cannot go through a farm, so the government (Irish Rail) had to buy part of the farm, build a bridge over or under. Which ever was most cost effective, but it had to be done within a fixed period. Its easier for everyone if they agree outside the mechanisms of compulsory purchase order. This is where the government do not have to go to court in a protracted and tedious and costly workings. It is easier if the solicitors meet, agree what the value is, add a bit of compensation and possibly expenses for relocation and settle without going to court. Now the court is avoided, the project moves faster and everyone gets a pay out. If this arbitration fails then everything gets slower and more costly for everyone. My Uncle did not want to sell ("My farm, my fathers farm and his father before him, the hell I will sell"). The family solicitor set him straight, "this is going to happen, it is easier that it happen sooner than later, with less stress, less cost and more money and you WILL lose in court". The land was bought by the IR at an inflated price and sold after a few years to a boardering neighbour at a reduced price. Another Neighbour said "Nah, its worth €1m and I aint budging until I get that price", he misunderstood the Time aspect of the project vers the Cost aspect and it was CPO'ed at a flat rate minus courst costs.

    If you dont get paid the day of sale, it maybe harder to get it afterwards. You need to look at the UK to see what the future looks like. The councils were trying to sieze derelict properties while elderly couples were still living in them. Another story I had from someone in Cork CC was that they sent intent to CPO notices to sites within the county. One guy argued "yeah its a derelict site but the planning office have rejected 7 proposals to do up the site. Sometimes you cannot win with the County Council.

    The new legislation is very vague but the intention is there. You need to speak to a person with considerable experience in law and property to interpet all the outcomes of the legislation. This has already happened in Berlin and Switzerland. Also see failed legislation like the "Right to Accomodation" Act which didnt get far as it was not a priority/have main party backing. The legislation would have given the government greater rights to seize/enact a CPO.



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  • Registered Users, Registered Users 2 Posts: 2,439 ✭✭✭SupaCat95


    Short answer, I imagine the answer will be " the greater good", mean what the state needs it takes. Read the right to accommodation act, it gave all the rights to the state.



  • Registered Users, Registered Users 2 Posts: 4,229 ✭✭✭spaceHopper




  • Registered Users, Registered Users 2 Posts: 195 ✭✭GalwayBmw


    Homelessness is 'a human catastrophe' — what kind of moron would object to that? The fact that evictions have little or nothing to do with it, and that most landlords would be delighted to have tenants who pay their rent and cause no hassle (that how I read 'no-fault' anyway). In fact, most landlords knock a few quid off for their long-standing tenants for exactly this reason. The opposite approach just doesn't work.

    Accepting such an obvious manipulation as an argument creates a deeply overdrawn balance of trust between the public and the government. Sooner or later, that balance will have to be paid back. Well unless they've started hiring trolls to write the news... :)

    Post edited by GalwayBmw on


  • Registered Users, Registered Users 2 Posts: 509 ✭✭✭bluedex


    What a bunch of morons.

    No wonder the rental market is a sh1tshow. Nobody knows what these cretins are going to try to implement next,

    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: 195 ✭✭GalwayBmw


    Call them the creditors, aliens, or cornflowers—it makes little difference. They'll feck it up, and then we'll all see what real homelessness looks like.



  • Registered Users, Registered Users 2 Posts: 6,043 ✭✭✭BlueSkyDreams


    The govt wont bring in the eviction ban again.

    It hammered them last time by storing up the evictions and releasing them all in one go when the ban ended plus prompting even more landlords to run for the hills.

    The ban increases homelessness by curtailing supply.

    The solution is for the govt to have its own social and affordable housing targets that do not include aquisitions from the private sector.



  • Registered Users, Registered Users 2 Posts: 2,537 ✭✭✭mrslancaster


    Even though the new rules are only in place since 01 March, there’s more changes on the way for landlords, more rules, higher fines etc.

    https://data.oireachtas.ie/ie/oireachtas/bill/2026/58/eng/memo/b5826d-memo.pdf


    Definitely the best way to attract more landlords into the sector 🙄



  • Registered Users, Registered Users 2 Posts: 6,043 ✭✭✭BlueSkyDreams


    I think the govt MO is to get small landlords to sell up so councils can buy the houses for social housing.



  • Registered Users, Registered Users 2 Posts: 195 ✭✭GalwayBmw




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