Houses and apartments sought by Dublin local authorities

- Dublin landlords offered competitive terms to lease properties to local authority

- Benefits to landlords can include: no vacancy costs, no letting fees, no rent arrears and no day-to-day maintenance costs for periods of up to 20 years

- Landlords offered guaranteed income of up to 92% of the market rent

Media release:                                                                                   Dublin, 24h May 2015

Landlords and potential landlords with available properties in Dublin are being encouraged to lease or rent them to their local authority. A number of attractive schemes are available for landlords to choose from.  Depending on the scheme chosen there is a range of benefits including: no letting fees, no vacancy costs, no rent arrears and no day to day maintenance for periods of up to 20 years.

Commenting on the campaign, Dick Brady, Assistant Chief Executive Dublin City Council speaking on behalf of the Dublin regional housing officers said: “These schemes are aimed at landlords and potential landlords who want guaranteed rental income over either a short or extended time period.  We have a number of options on offer for terms from one to 20 years.” 

“Depending on the scheme chosen, landlords may be offered rents of up to 92% of the market rate including rent reviews. They can be paid during vacancy periods and in certain schemes, the local authority takes responsibility for managing the tenancy including maintenance.”

He continued “There are schemes available for professional landlords who want to maximise income and also for those property owners wishing to be less directly involved with the letting.  In all cases, we are offering guaranteed income.  We will inspect the property promptly and landlords could be paid from that initial inspection”

 

An Information evening for interested landlords will be held in June.

For more information on rental options or to register to attend the Landlord Information Evening, please visit dublinlandlords.ie or call 1800 855920.

ENDS

For further information or for radio interview, please contact:

info@dublincity.ie

or

Joanna Petty/Ruth Doyle, Wilson Hartnell

E: Joanna.petty@ogilvy.com / ruth.doyle@ogvily.com

NOTES TO EDITOR:

Each scheme - Social leasing, Rental Accommodation Scheme (RAS) and Housing Assistance Payment (HAP)  offers distinctive terms, payments and landlord involvement with tenants, and will appeal to all types of landlords with properties in the greater Dublin area. The rental and leasing schemes are offered by the four Dublin local authorities - Dublin City Council, South Dublin County Council, Fingal County Council and Dun Laoghaire/Rathdown County Council.

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