HomeTagsPosts tagged with "rent"

rent

by

Dublin's rent crisis continues as new figures show prices are now almost 20 per cent higher than their Celtic Tiger peak.

According to the latest report from property website Daft.ie, rents nationwide are up by close to 12 per cent in the second quarter of this year. 

The national average now stands at a record high of €1,159 per month, while the average price for a property in Dublin is €1,700.

Renters in the capital now pay €260 more per month than in 2008.

Speaking about the shortage of suitable rental accommodation, Ronan Lyons from Daft said: "At one point, it had never gone below 5,000 – we broke through that, unfortunately, about a year ago," he said.

"It's been steadily decreasing really over the last five years and it's now gone below 3,000 for the first time, so it gives an idea – particularly with more renters now than ever before, there are actually fewer properties available on the market – of just how tough the market is."

Housing and homeless charities say rising rental prices are one of the main factors forcing families into homelessness.

Roughan McNamara from Focus Ireland wants the government to tackle the issue of vacant properties.

"What we're hoping the Government will do is have serious incentives for landlords to rent out properties to get more rental properties available, but also penalties for those who do not rent out their properties and we're hoping that the Vacant Home Strategy, and indeed Rebuilding Ireland, will take urgent action on this issue."

Trending

by

The Irish rental crisis is ongoing, and criminals are taking advantage of the crisis to make some quick cash from desperate, hopeful renters.

Gardaí are advising people to be wary of rental scams, particularly at this time of year when students are returning to college.

Scams occur throughout the year, but there is a significant spike at this time of year as first time renters seek university accommodation.

The scams identified by Gardaí fall into three categories. In the first, the scammer claims to be out of the country and can’t show you the property, but still requests a deposit. 

The second is when the scammer is living at the property and shows a number of people around, gets a deposit from several people and disappears with the money.

The third involves everything looking fine and dandy, until the renter finds that the keys don’t work and the landlord has disappeared.

According to Gardaí, there are a number of steps renters can take to avoid being burnt by these scams. 

1. Ideally only do business with established bon-fide rental agencies.

2. Always meet a prospective landlord in the accommodation to be rented.

3. Ask for identification, a driver’s licence or Photo identification of landlord or letting agent. etc. (Take a photo of the document on your phone)

4. Pay the deposit to the Landlord and not the persons leaving the property/ courier other person.

5. Use cheques or bank drafts to pay the deposit and keep copies of receipts of payments and any correspondence.

6. Ensure keys fit, open door lock and sign rental contract, prior to payment of deposit.

According to Gardaí, people need to establish that the house exists and that is available for rent and the identity of landlord.

It's also important that the renter establishes that the agent, where applicable, is reputable, and that the person renting the property is authorised to rent the property.

Trending

There are more than a few ways to spruce up a small living space without spending an absolute fortune.

With homeware trends constantly changing, there are a few cheap, temporary home decor methods to ensure your home looks beautiful whatever the season.

Here are a few tips on adding character to a room without breaking the bank.

Fierce frames

Pictures make such a difference to your home – giving each space bags of personality and a homely feel.

You can get a set of cheap picture frames from Dealz, Penneys or your local charity shop, and add in your own personal photos for a touch of nostalgia.

Window-lust

We all long for floor-to-ceiling windows flooding our little apartments with light, but unfortunately that’s not always the case.

Provide yourself with your own preferred view with a large-scale canvas picture of some gorge scenery. It will brighten up your home while providing a gorgeous view.

The best option for window decoration is to have none at all as it creates more light, but obviously in your bedroom you might want curtains, so go for short bright eyelet curtains and ALWAYS keep them open during the day. 

Plant life

Plants make any home look a little more lively, plus they look amazing in the background of Instagram photos.

Try some low maintenance cacti on your windowsill or go all out with a potted corner plant.

Just don’t forget to water them!

Upgrade with trim

Adding a trim will liven up otherwise ordinary upholstery around your home, especially if you’re in a rental where permanent interior edits are frowned upon.

Go for pom poms on lampshades or even add velvet ribbons to your decorative mason jars.

You can also try creating your own coasters from fabric if you’re feeling crafty.

Pull it together

Pull your room together with affordable accessories you pick up along the way, as there is no need to buy new things if you already have home accessories to work with.

Charity shops and car boot sales are great places for bargains, or add bits and bobs from your travels.

Got a burned out candle? Re-purpose the jar as a jewellry holder or vase.

Jazz up a shower curtain

Ever stepped into the shower of your rental accommodation and wondered ‘what the hell is that on the shower curtain?’

Rather than living in fear that your shower curtain is slowing moulding away, pick up a cheap and cheerful printed curtain to add new life to a tired bathroom .

Spruce up your artwork

Spruce up a humble piece of art with oversize matting and framing.

Consider investing in original artwork by local up-and-comers and find out when art colleges are having student showings of original works at affordable prices.

Look around

Take the time to see what’s out there. Refinish pieces you find in second hand shops, adding your own creative ideas to them.

If you’re handy with the power tools, acquire a piece of marble, glass or granite, cut it down to size and put it on top of a dresser or end table.

The piece you buy will become an original all over again.

Trending

by

Housing charity Threshold has warned that bedsits will not help the Irish rental and housing crisis. 

The warning comes after a series of ideas were put forward to solve the crisis. 

According to Housing Minister Eoghan Murphy, bedsits are just a consideration.

'I think it’s important that, when I approach this review, I don’t take anything off the table too soon until I’ve looked at it properly to see if it could be part of the solution,' he told The Irish Examiner. 

'Again, this is about supply.'

'So if we can find new sources of accommodation for people that suit their needs, that are up to the required standards, the minimum standards, and are robust, if that will work for people as a supply-side measure then yes I’m going to consider it.'

The other considerations include scrapping the help-to-buy scheme, increasing the mortgage to rent scheme, building new peoperties, introducing a vacant property tax and forcing local authorities to use idle land banks. 

'It is worrying that almost a decade after the introduction of legislation to eliminate the bedsit, we are now hearing calls for their re-introduction as a response to the current accommodation shortage,' Threshold Chief Executive, John-Mark McCafferty told News Talk.

'Last year saw the publication of Rebuilding Ireland: An Action Plan on Housing and Homelessness.'

'Are we now, as a society, so bereft of ideas that the best response we can come up with is to bring back the bedsit?'

Trending

by

The rental crisis is ongoing, and now the Government is keen to uncover the impact of short-term rental site Airbnb on the matter.

Executives from the holiday rental site will face questions from TDs and Senators today about the issue.

The site boasts 6,700 properties for rent in Dublin alone, according to figures published by The Journal.

 

A post shared by Airbnb (@airbnb) on

'Despite the ongoing rental crisis, we have learned that the government working group established to look at this issue has only met once, and that was last week,' said Minister for Housing Simon Coveny last week.

'We know the Department met with Airbnb in January this year and it appears nothing has been achieved since.'

The Oireachtas Housing committee heard at the time that the popularity of Airbnb in Dublin is reducing the number of homes available for long term tenants, thereby contributing to the crisis. 

Dublin County Council said that the short term rental market has an 'adverse effect' on the crisis. 

Trending

by

Rental prices have increased across Ireland, with prices now exceeding their previous peak during the Celtic Tiger.

The latest Residential Tenancies Board Rent Index shows that rents nationally rose by 7.37 per cent in the last year.

The Index shows that while rent prices are still rising, they are doing so at a slower pace than before.

Costs rose by 0.1 per cent last quarter, compared to 2.8 per cent the quarter before

The data also shows that rent prices in Dublin have decreased slightly.

Rents in the capital fell by 1.5 per cent, which is reported to be driven by the reducing costs of rental apartments.

The average standardised national rent price is now €987.00 per month, according to the Index. 

This is down from last month's data of an average prices of €1131.00, according to data collected by Daft.ie

Trending

It's extremely tough to get your foot on the property ladder at the moment, and rent prices in Ireland have skyrocketed in recent years. 

With Irish rent prices at an all time high of €1131.00, more people than ever are choosing to remain in the familial home to save funds for the future. 

RTÉ is looking for people to take part in a new series, which explores the not-so-unusual phenomenon of adults living at home with their parents.

The series hopes to explore the phenomenon of the ‘Boomerang Generation,’ which refers to young adults who leave home for work or college, only to be forced back into the nest.

This Crowded House aims to meet adults living in the family home and helping them put a plan in place to move out and live independently.

Whether they would like to rent their own place, house-share, or are seeking to buy, the participants will get expert help to get them on the right track. 

The series will also explore how the parents feel about having their not so little ones back in the family home. 

With nearly 1 in 4 Irish adults between 25 and 34 still living at home, the series is set to expose the social realities of living at home with parental units constantly present. 

Anyone who wishes to apply can find the application form here.

Trending

by

Irish rent prices are at an all time high, according to a new report from rental site Daft.ie.

According to the new report into the housing market, the average price of rent nationwide is €1131.00.

The average cost of renting a home has increased by €134.00 a month over the last year, according to The Irish Times. 

Daft.ie 

Dublin rents have increased the most year-on-year. 

'Market rents in Dublin, for example, are now 66 per cent higher than at their lowest point. Outside Dublin, rents have risen 41 per cent' reads the report.

Rent in South Dublin now sits at an average €1,784.00, €1,690.00 in the city centre and €1,553.00 on the North side.

Daft.ie

People in short term or one-year leases are also at a disadvantage, according to the report. 

'Since 2013, market rents nationally have risen by just over 50 per cent.'

'However, sitting rents have increased by just 27 per cent. In other words, those who have stayed in the same lease have enjoyed a discount relative to market rents, with rents increasing by just half the increase seen on the market.'

Daft.ie

In Connacht, Galway City is the most expensive place to live, with the average price of renting a bedroom sitting at €441.00, an increase of 8.9 per cent.

In Munster, Cork City Centre is the priciest place to call home, with the average price of a room being €492.00, an increase of 9 per cent. 

Dublin continues to be the most expensive place to live in the country, with rents 15 per cent above Celtic Tiger high. 

Trending

by

An investigation by the BBC has uncovered how vulnerable people are resorting to paying for a place to stay with sex.

The publication found numerous adverts online offering free rent in exchange for "services" and "company."

Sites such as Craigslist and Gumtree were found to have such deals, stating that "money is not an issue," but it will be a "mutual benefits arrangement" instead.

An ad for a room in Hull in the UK said: “Money is not an issue, I would prefer some company. There are some stipulations to the living arrangements which we would need to discuss directly.

“This would be a mutual benefits arrangement. Free rent, paid in other methods. Please contact me for more details."

However, other adverts come across more sinister, with one offering: "You agree [to] a couple of times a week, pop into my room sort of thing, " while another says, "I was thinking once a week, something like that, I'm happy as long as there's sex involved."

The investigation was launched after Centrepoint conducted a survey with 403 homeless people. The charity found that 25 per cent of those asked admitted to staying with a stranger.

One student told the BBC that she felt a "sex-for-rent" arrangement was her only option.

Full Frame Shot of Residential Building

"He took me into his living room, got me drinks, and then after that it was just straight upstairs and go for it.

"He would do what he wanted to do, forcefully, and I just sort of went along with it – after the third time, I started feeling physically unwell."

However, as awful as this is, it falls into a loophole where it's completely legal in the UK.

Andrew Wallis, of anti-slavery charity Unseen, said: "I think these adverts go as close to the edge of the law that they possibly can without breaking the law.

"They would argue that they have chosen voluntarily to enter that situation."

Have you ever come across this in Ireland? The Centrepoint charity warned that the issued is widespread in the UK.

Trending

The love lives of the Kardashians have never been simple, but things took a slightly weird turn when Rob proposed to and had a child with Kylie Jenner's love rival Blac Chyna, who also happens to be the mother of Kylie's boyfriend Tyga's child, King. 

Slightly confused? Us too.

 

A photo posted by Blac Chyna (@blacchyna) on

However, the quartet of co-parents seem to be making things work, with Kylie playing babysitter to King on the regular, and now the 19-year-old is even renting out one of her lavish homes to her big brother and his new family. 

Rob, Chyna, King and their newborn daughter Dream moved into Kylie's Hidden Hills mansion this week in order to be closer to Rob's family.

 

A photo posted by Kylie (@kyliejenner) on

The make up mogul owns two other homes in the area, not including her own. That's quite a property portfolio for a teenager. 

While it's not unusual for siblings to help each other out, we're sure that this move will make for an interesting episode of Rob & Chyna.

Trending

by

Struggling to find a gaf in Dublin?  Oh, we hear ya.

Between the Internet, an improving minimum wage and decent public transport links you would think that finding a place to live in the country’s capital shouldn’t be overly taxing.

But if this latest gem on Daft.ie is anything to go by, that assumption is nothing short of being completely and utterly bonkers.

 

According to this Daft ad, a nicely furnished double ensuite room in the popular village of Ranelagh will cost you a cool €1,250 a month BEFORE you pay any of your bills.

Granted the room is located only four minutes from the closest Luas stop and is part of a recently restored Georgian house which “boasts all mod cons”, but is that really enough to justify paying €15,000 per year to share a decent house with two other people?

 

Sadly this situation is quickly becoming the new normal as late last month a Daft report revealed that rents nationwide have now surpassed what they were during the Celtic Tiger era.

The report suggested that renting in the capital will now cost you 5.2 percent more than it would have in early 2008 and since landlords are taking full advantage of this situation, is it any wonder you could end up paying well over a grand a month for a house share?

So if you find yourself going completely daft as you search through, well, Daft, just know that you are by no means alone.

Trending

Throwing on tracksuit bottoms used to be a sign that you've totally given up in the style stakes.

Putting your trackies on with an over-sized hoodie made everything comfy and even if you didn't look your *best*, you were warm and cosy and that's all that mattered.

Well, athleisure has taken over the fashion world by storm over the last few seasons and Selena Gomez is the latest celeb to rock the trend.

Except, she rocked it in a pair of tracksuit bottoms that cost more than most of us pay for rent.

Coming in at $665 (€612), it's hard to justify paying that much for trackie bottoms, but I have to say, Selena made the outfit look totally kick-ass.

Athleisure is here to stay, ladies.

Trending