Obviously there isn't a point! However, I never said this was the intention of LLs......I meant the ones whom due to having bought the property at inflated price and now the rent wont cover the mortgage, due to previous falls in rent. I dont think LL should be just able to put it up in this scenario simply to cover the fact they they made a bad investment and are having to pay for it.
To a certain degree, yes maybe - but 100% of these costs, I don't agree. Surely as a LL people knew that it's not just profits. If it was, we all would be LLs
Obviously there isn't a point! However, I never said this was the intention of LLs......I meant the ones whom due to having bought the property at inflated price and now the rent wont cover the mortgage, due to previous falls in rent. I dont think LL should be just able to put it up in this scenario simply to cover the fact they they made a bad investment and are having to pay for it.
To a certain degree, yes maybe - but 100% of these costs, I don't agree. Surely as a LL people knew that it's not just profits. If it was, we all would be LLs
Threshold said:If your landlord seeks to pass this tax on to you directly please contact your nearest Threshold office for further advice.
Citizens Advice said:Under Section 19 of the Residential Tenancies Act 2004 (pdf) Landlords cannot charge more than the open market rate for the apartment or house.
Tenants should note that the provisions of the Residential Tenancies Act only apply to mainstream private rented housing - local authority tenants are covered by different laws. You can find out more about your landlord’s rights and obligations here.
Your landlord cannot review the rent more than once a year unless the accommodation has changed substantially. This might, for example, constitute a complete refurbishment or another major change.
You can ask your landlord to review the rent if:
You think it is more than the current market rate for the property or
You want a new review and more than a year has passed.
Your landlord has the right to review the rent annually. However your landlord must give you at least 28 days notice (in writing) before increasing the rent.
Wrong , but like most things in Ireland their is a rogue element that are badly in need of been properly regulated so that they cant do exactly what you have done . Attitudes like yours will bring that day much closer to the detriment of us all .
Gosh - I read Alaska's and username's pots and I realise how little tenants understand -or care - about LL's problems.
There's this attitude that LLs are rich,greedy,selfish and that tenants are poor and exploited.
The fact that spending more than you earn means you end up broke is something that some posters don't understand when it applies to LLs
They understand it with businesses-large or small.
They understand it when it comes to their own personal finances.
But when it comes to landlords they just don't get it. LLs are supposed to rent for less than the costs of running their business !!
Is it an Irish thing based on the past? Landlords, like "informers" being inherently on the wrong side ?
Each LL can have their own approach to rent reviews . I suppose it depends on how well one gets on with tenants, how greedy one is and, of course, what prevailing rents in the area are."!!
Germany has a pretty highly regulated rental sector according to most observers. In Germany the LL can pass the entire cost of his property tax on to his tenant (so long as he mentions this in the lease agreement, which obviously most landlords do!)Wrong , but like most things in Ireland their is a rogue element that are badly in need of been properly regulated so that they cant do exactly what you have done . Attitudes like yours will bring that day much closer to the detriment of us all .
It is no different...but the tenant IS paying the PRSI already!!! PRSI is a cost to the LL, just like the LPT. Costs get passed on to the customer in every line of business. Do you think Dunnes pays it's taxes out of something other than what you spend in their shops?How is it different from passing on your PRSI to the tenant?
...I think the point is that the tax is on the ownership of the property, something you as a LL have chosen i.e. to buy a property. Hence you are liable for said tax. You get the benefit of owning the house, what benefit does the tenant get for paying your taxes?...
This is what Treshold.ie the private rented housing sector charity has to say: "If your landlord seeks to pass this tax on to you directly please contact your nearest Threshold office for further advice."
Indeed. It would be more transparent for the tenant if the LL could bill things out of his control separately to the rent as in Germany, but Threshold don't appear to want that. They want the LL to suck up all the new/increased costs of running his business and effectively insulate tenants from the real world. As I said over on boards.ie, landlords in Ireland are becoming more and more like surrogate mammies.The LL may not pass it on directly. But it will be passed on indirectly, in the form of rent increases. It would be naive to think otherwise. Its simple economics.
Not just threshold but some posters on this thread also....but Threshold don't appear to want that. They want the LL to suck up all the new/increased costs of running his business and effectively insulate tenants from the real world.
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