Verification of Previous Rent of Prospective Investment Property

[Investor]

This might be a stupid question, but how does a prospective buyer of an investment property verify the previous rent, given that the RTB website only records tenancies and not rental amounts? (There were no Rent Pressure Zones when I bought a property.) Does the conveyancing solicitor simply request evidence from the vendor prior to the transfer of a deposit?

 

[Sarenco]

I don't think there is any way to independently verify the previous rent charged on a property.

Your solicitor should raise pre-contractual queries on the point but ultimately you would be relying on the veracity of the responses.

It's one of the many problems with the RPZ regime.

 

[NoRegretsCoyote]

You can sometimes find historical ads on Daft.ie by inputting the address. The Wayback Machine can help

It won't work for apartments, and it only indicates the asking rent too.

I guess you can ask vendor's solicitor to see a redcated copy of the rental contract and any rent reviews.

At the same time, if it's difficult for you as a purchaser to verify the previous rent, it's really difficult for your first tenant to do the same.....