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Vulture fund to sell currently tenanted homes in Dublin 15

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    #92
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    ThisRegard wrote: »
    utmbuilder wrote: »
    Anti Eviction signs all over Tyrellstown now like political posters, saying not to leave the homes, i believe this will also screw private landlords getting non paying tenets out the estate/area has about 2500 homes

    I don't think they are saying for people to not leave their homes? I've seen the flyers handed out and it doesn't mention this anywhere.
    Add your reply here.


    What does it say ?


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    #93
    ThisRegard
    Closed Accounts Posts: 27,833 ✭✭✭✭ThisRegard


    It doesn't say don't leave your house.

    It's about a meeting this evening and what will be discussed and 3 proposals, call off the evictions, a proposal for the state to acquire them to allow the tenants to either buy them through some affordable mortgage scheme or continue renting them, and further actions such as protests to be considered.


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    #94
    borderlinemeath
    Registered Users Posts: 5,340 ✭✭✭borderlinemeath


    ThisRegard wrote: »
    It doesn't say don't leave your house.

    It's about a meeting this evening and what will be discussed and 3 proposals, call off the evictions, a proposal for the state to acquire them to allow the tenants to either buy them through some affordable mortgage scheme or continue renting them, and further actions such as protests to be considered.

    So the average homebuyer struggles to be approved for a mortgage yet because this is making headline news the tenants may get preferential treatment and be allowed have an affordable mortgage scheme?


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    #95
    ThisRegard
    Closed Accounts Posts: 27,833 ✭✭✭✭ThisRegard


    borderlinemeath wrote: »
    So the average homebuyer struggles to be approved for a mortgage yet because this is making headline news the tenants may get preferential treatment and be allowed have an affordable mortgage scheme?

    I didn't create it, and it will never happen anyway.


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    #96
    Arbiter of Good Taste
    Registered Users Posts: 2,200 ✭✭✭Arbiter of Good Taste


    borderlinemeath wrote: »
    Even as a landlord myself I have mixed feelings on "market prices". At the minute rents are going through the roof and are unsustainable to many. I feel very sorry for tenants stuck in this situation. I haven't increased my tenants rent since July 2014 and if I did so now it would render them homeless, a family with 3 school going kids. I'm covering my costs so I'm not going to increase it yet. Yet I'm considered a fool by many by not maximising my business profit, and those landlords that do are vilified by a baying public buoyed on by a few socialist politicians who think that if you're only on a basic wage or welfare that you should be housed FOC. Yes, there should be a safety net for the vulnerable in society but our present method is keeping them propped up for life, without penalty or worry and no incentive to achieve independent living.

    You are not alone. Most small landlords I know (myself included) have not increased rents in years. In one of our properties we decreased the rent about 6 years ago when rents plummeted and never raised it since. So that tenant is probably paying almost half of a market rent. But a lot of posters have no
    problem calling us "greedy". I'm happy to have decent, compliant tenants and will raise the rent to market when the current batch move out.

    Institutional landlords don't think that way. If people think rents will fall with more professional landlords in the marketplace, then they are deluding themselves.


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    #97
    Butters1979
    Registered Users Posts: 1,164 ✭✭✭Butters1979


    borderlinemeath wrote: »
    So the average homebuyer struggles to be approved for a mortgage yet because this is making headline news the tenants may get preferential treatment and be allowed have an affordable mortgage scheme?

    That's what they are talking about, but there's no way that will happen.


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    #98
    Butters1979
    Registered Users Posts: 1,164 ✭✭✭Butters1979


    Arbiter of Good Taste wrote: »
    . But a lot of posters have no
    problem calling us "greedy".

    In fairness, I haven't really seen anyone in this thread side against the landlords, except maybe one poster who seemed to imply the notices weren't legal, but had no reason other than he just didn't want them to be.


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    #99
    borderlinemeath
    Registered Users Posts: 5,340 ✭✭✭borderlinemeath


    Butters1979 wrote: »
    In fairness, I haven't really seen anyone in this thread side against the landlords, except maybe one poster who seemed to imply the notices weren't legal, but had no reason other than he just didn't want them to be.

    It might not necessarily be on this thread but comments sections of newspapers when any article regarding rent/tenants is run tend to be anti landlord and plenty of threads in general can end up as a "greedy landlord" v "poor tenant" debate. I would safely say that the Irish Independent has an anti landlord bias in most of it's articles on rent/evictions/homelessness.


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    #100
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    ThisRegard wrote: »
    It doesn't say don't leave your house.

    It's about a meeting this evening and what will be discussed and 3 proposals, call off the evictions, a proposal for the state to acquire them to allow the tenants to either buy them through some affordable mortgage scheme or continue renting them, and further actions such as protests to be considered.
    Add your reply here

    I dont know who wrote these notices but it sounds like .... sinn fein pie in the sky stuff


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    #101
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    borderlinemeath wrote: »
    Butters1979 wrote: »
    In fairness, I haven't really seen anyone in this thread side against the landlords, except maybe one poster who seemed to imply the notices weren't legal, but had no reason other than he just didn't want them to be.

    It might not necessarily be on this thread but comments sections of newspapers when any article regarding rent/tenants is run tend to be anti landlord and plenty of threads in general can end up as a "greedy landlord" v "poor tenant" debate. I would safely say that the Irish Independent has an anti landlord bias in most of it's articles on rent/evictions/homelessness.
    Add your reply here.


    Its usually trotted out as the arguement from tenants who cant or dont want to pay...... it's the greedy landlords fault


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    #102
    ThisRegard
    Closed Accounts Posts: 27,833 ✭✭✭✭ThisRegard


    utmbuilder wrote: »
    Anti Eviction signs all over Tyrellstown now like political posters, saying not to leave the homes, i believe this will also screw private landlords getting non paying tenets out the estate/area has about 2500 homes

    I saw a photo of the signs, they doesn't even imply anything that you say they say. All they say is No evictions, support your neighbours, meeting Friday the 18th.

    So you're either making it up, or someone passed the info on to you incorrectly.


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    #103
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    ThisRegard wrote: »
    utmbuilder wrote: »
    Anti Eviction signs all over Tyrellstown now like political posters, saying not to leave the homes, i believe this will also screw private landlords getting non paying tenets out the estate/area has about 2500 homes

    I saw a photo of the signs, they doesn't even imply anything that you say they say. All they say is No evictions, support your neighbours, meeting Friday the 18th.

    So you're either making it up, or someone passed the info on to you incorrectly.
    Add your reply here.


    The plot thickens. . What do they think should happen.. The owner wants to sell and has the right to do so.... any attempt to stop this should be dealth with by the law


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    #104
    Arbiter of Good Taste
    Registered Users Posts: 2,200 ✭✭✭Arbiter of Good Taste


    Butters1979 wrote: »
    In fairness, I haven't really seen anyone in this thread side against the landlords, except maybe one poster who seemed to imply the notices weren't legal, but had no reason other than he just didn't want them to be.

    I should have been a bit clearer. You are right, there hasn't been any of that on this thread. Unfortunately it comes up a lot in the forum though. There are certain posters who seem to think that all landlords are Scrooge-like slum lords making a fortune off the backs of poor abused tenants

    Of course there are rogue landlords (just like there are rogue tenants), but I would say that in my experience the good ones (on both sides) vastly outweigh the bad.


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    #105
    gaius c
    Registered Users Posts: 3,528 ✭✭✭gaius c


    handlemaster wrote: »
    Just because the tenants are unhappy doesnt mean they have a right to drag the process of eviction out. This just makes a mockery of our laws.

    You say that like there's not 100k+ mortgage arrears cases just sitting there waiting for their bailout.


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    #106
    utmbuilder
    Registered Users Posts: 471 ✭✭utmbuilder


    It took me 23 months on to have a non paying tenent evicted with perfect paperwork in the current court system.. have you any idea the cost on the landlord?


    Average house price 1350 a month, x 27 €36,450 then add the cost a sheriff another €800

    So a landlord loses €37,250 with no come back.

    Then you face the cost of redoing up your wrecked property.


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    #107
    Boater123
    Closed Accounts Posts: 312 ✭✭Boater123


    utmbuilder wrote: »
    It took me 23 months on to have a non paying tenent evicted with perfect paperwork in the current court system.. have you any idea the cost on the landlord?


    Average house price 1350 a month, x 27 €36,450 then add the cost a sheriff another €800

    So a landlord loses €37,250 with no come back.

    Then you face the cost of redoing up your wrecked property.

    That's serious money, no way could I take a hit like that. I've been taken a few times, the worst being €3,500, including repairs.

    To take a hit like that would probably start a spiral that would make my kid's and us homeless.


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    #108
    April 73
    Registered Users Posts: 846 ✭✭✭April 73


    The more I read on this board, the more I wonder why any tenant would actually continue paying their rent at all. There seem to be virtually no enforceable consequences to stopping paying & living rent-free.


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    #109
    athtrasna
    Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    April 73 wrote: »
    The more I read on this board, the more I wonder why any tenant would actually continue paying their rent at all. There seem to be virtually no enforceable consequences to stopping paying & living rent-free.

    To do so would be illegal and is not condoned by this forum or Boards.ie


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    #110
    April 73
    Registered Users Posts: 846 ✭✭✭April 73


    athtrasna wrote: »
    To do so would be illegal and is not condoned by this forum or Boards.ie

    Of course & I'm not suggesting anyone should do it.
    When you read about a landlord following the correct course of action taking 23 months to reach a legal conclusion to a non-paying tenant, something is wrong with the system.


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    #111
    borderlinemeath
    Registered Users Posts: 5,340 ✭✭✭borderlinemeath


    April 73 wrote: »
    The more I read on this board, the more I wonder why any tenant would actually continue paying their rent at all. There seem to be virtually no enforceable consequences to stopping paying & living rent-free.

    In the current market though, there is a very real threat of homelessness if and when a rogue tenant finally gets evicted. There are no desperate landlords left who will take the tenants who have no references/false references due to eviction.


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    #112
    Senecio
    Closed Accounts Posts: 971 ✭✭✭Senecio


    utmbuilder wrote: »
    It took me 23 months on to have a non paying tenent evicted with perfect paperwork in the current court system.. have you any idea the cost on the landlord?


    Average house price 1350 a month, x 27 €36,450 then add the cost a sheriff another €800

    So a landlord loses €37,250 with no come back.

    Then you face the cost of redoing up your wrecked property.

    Where would a tenant go after doing this to a landlord? I guess they'd leave the country as no other landlord would go near them. Or, and it makes me shudder to think, they've put the 36K EUR into a deposit on a house. But I wouldn't expect a tenant like that to be smart enough to save what they are stealing from the landlord.


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    #113
    beauf
    Closed Accounts Posts: 22,648 ✭✭✭✭beauf


    Its very hard to prove someone references. or find out peoples bad history like this.


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    #114
    [Deleted User]
    Posts: 24,714 ✭ [Deleted User]


    borderlinemeath wrote: »
    In the current market though, there is a very real threat of homelessness if and when a rogue tenant finally gets evicted. There are no desperate landlords left who will take the tenants who have no references/false references due to eviction.

    If a rouge tenant is left homeless I've no sympathy for them, in fact it might teach them a bit of cop on.


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    #115
    athtrasna
    Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    Enough landlord V tenant off topic hypotheses thanks

    Mod


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    #116
    utmbuilder
    Registered Users Posts: 471 ✭✭utmbuilder


    Senecio wrote: »
    Where would a tenant go after doing this to a landlord? I guess they'd leave the country as no other landlord would go near them. Or, and it makes me shudder to think, they've put the 36K EUR into a deposit on a house. But I wouldn't expect a tenant like that to be smart enough to save what they are stealing from the landlord.

    Sure landlords have no way of confirming references , what your calling a mobile number? Most dont check the prtb dispute database, most dont research who the deeds of an address is under as its messy and costly.

    The tennent moves on to the next place probally offering a few months upfront to skip the queue as they have a stash of cash from not paying rent!!!


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    #117
    borderlinemeath
    Registered Users Posts: 5,340 ✭✭✭borderlinemeath


    utmbuilder wrote: »
    Sure landlords have no way of confirming references , what your calling a mobile number? Most dont check the prtb dispute database, most dont research who the deeds of an address is under as its messy and costly.

    The tennent moves on to the next place probally offering a few months upfront to skip the queue as they have a stash of cash from not paying rent!!!

    Work references and a copy of bank statement to ensure there is a monthly wage deposited from said company. It's certainly intrusive and I can see why a lot of tenants would get pissed off having to supply such personal details but at the end of the day you're letting an asset worth in the hundreds of thousands. They'd have to show the same details to apply for a loan or a credit card even.

    I was reading comments on the journal article today regarding the meeting last night, the AAA are trying to rabble rouse the community and telling the tenants not to leave their homes. Even though twinlite have allegedly extended the notices up to 18 months to seemingly let the leases run out rather than terminate them, they still want special treatment for the tenants.

    http://www.thejournal.ie/tyrrelstown-action-group-2669043-Mar2016/?utm_source=facebook_short


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    #118
    newacc2015
    Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    April 73 wrote: »
    The more I read on this board, the more I wonder why any tenant would actually continue paying their rent at all. There seem to be virtually no enforceable consequences to stopping paying & living rent-free.

    We need a system like the US, where if you fail to pay your rent you get a bad credit rating. Landlord check your credit rating before you moved in to check that you havent failed to pay rent/loans in the past. Even power companies in the US can you report you default on your electricity bill. If you have a minor flaw on your credit rating you will find it never impossible to get a mortgage here. You will have difficulty getting a credit card, car loan etc.

    Our entire credit rating system nearly only benefits the consumer and put the lender. I would imagine there would be significantly less tenants doing a runner, if they knew they couldnt rent a house in the future due to having bad credit or they couldnt get a car loan due to not paying their rent previously.


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    #119
    ThisRegard
    Closed Accounts Posts: 27,833 ✭✭✭✭ThisRegard


    borderlinemeath wrote: »
    Work references and a copy of bank statement to ensure there is a monthly wage deposited from said company. It's certainly intrusive and I can see why a lot of tenants would get pissed off having to supply such personal details but at the end of the day you're letting an asset worth in the hundreds of thousands. They'd have to show the same details to apply for a loan or a credit card even.

    I was reading comments on the journal article today regarding the meeting last night, the AAA are trying to rabble rouse the community and telling the tenants not to leave their homes. Even though twinlite have allegedly extended the notices up to 18 months to seemingly let the leases run out rather than terminate them, they still want special treatment for the tenants.

    http://www.thejournal.ie/tyrrelstown-action-group-2669043-Mar2016/?utm_source=facebook_short

    I don't think Twinlite ever intended to terminate the leases, they said from the outset they're just not going to renew them. Which is why I don't really agree that there is any evictions.

    Coppinger has a hard on for Twinlite for years now, objected to pretty much everything in the area, including the school she sends her daughter to. She tried to convince some residents that they didn't have to pay their management fees and quickly abandoned them a couple of years ago when a massive 10 or 20 people turned up to one of her protests in the area, showing her without a doubt she has little support for any of her bull****.


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    #120
    beauf
    Closed Accounts Posts: 22,648 ✭✭✭✭beauf


    borderlinemeath wrote: »
    Work references and a copy of bank statement to ensure there is a monthly wage deposited from said company....

    Not sure you could do that anymore it would be seen as discriminate against RA. If tenants volunteer such information. That would be different.


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    #121
    Arbiter of Good Taste
    Registered Users Posts: 2,200 ✭✭✭Arbiter of Good Taste


    newacc2015 wrote: »
    We need a system like the US, where if you fail to pay your rent you get a bad credit rating. Landlord check your credit rating before you moved in to check that you havent failed to pay rent/loans in the past. Even power companies in the US can you report you default on your electricity bill. If you have a minor flaw on your credit rating you will find it never impossible to get a mortgage here. You will have difficulty getting a credit card, car loan etc.

    Our entire credit rating system nearly only benefits the consumer and put the lender. I would imagine there would be significantly less tenants doing a runner, if they knew they couldnt rent a house in the future due to having bad credit or they couldnt get a car loan due to not paying their rent previously.

    Australia also has a good system where rogue tenants. Are blacklisted. All a landlord has to do is check the list, and if a tenant has done a runner, they will never rent a property again. I'm not sure, but I think it also works for bad landlords. If that's the cSe, both sides get protected which is the way it should be.


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