Monday 19 February 2018

No pets need apply

Despite expectations - and a promise from the deputy leader of the Labour party - to provide rent certainty before the end of the year, Budget 2016 failed to deliver. This is a worry to existing and future tenants who have seen their market rates increase by five times the rate of inflation over the past 18 months.

It causes difficulties for so-called "typical tenants" looking for a one-year lease, but it goes as far as excluding other classes of tenants altogether.

According to Clare Connolly of Clare Connolly Property Consultants in Dundrum, there is "a distinct increase in the number of requests for short-term rental accommodation not only from couples and families renovating their homes, but also calls from tenants who have been given very short notice to vacate a property where a landlord has decided (or been forced) to sell and who are desperately searching for accommodation to tide them over while they secure a longer rental".

And pity the pet owners. According to Clare, if would-be tenants have pets it is near to impossible to secure accommodation. "A rare few of my clients will accept pets and, if they do, they will expect a double deposit."

Sunday Independent

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