Perhaps this has been mentioned before, the RPZ means landlords selling up with low rents rely heavily on owner occupier to purchase as the low rent is very unattractive to potential investor who would inherits whatever rent was previously set.
There is another side to the coin. I as an investor have been looking for a property to buy but time and time again I'm coming up against ex rental stock with pitifully low previous rents. Been looking at Mullingar and Balbriggan and must have had to rule out 20 something properties at this stage where the monthly rent was massively below actual achievable rents.
Quite frustrating actually. The RPZ system is making it quite difficult for me to buy a renal property which i would then place back on the rental market.
There is another side to the coin. I as an investor have been looking for a property to buy but time and time again I'm coming up against ex rental stock with pitifully low previous rents. Been looking at Mullingar and Balbriggan and must have had to rule out 20 something properties at this stage where the monthly rent was massively below actual achievable rents.
Quite frustrating actually. The RPZ system is making it quite difficult for me to buy a renal property which i would then place back on the rental market.