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20/11/2013
New Protection Introduced For Tenants
New rules to protect tenants are to be introduced, the Minister of State for Housing has announced.
Addressing an issue that housing charity Threshold say is the biggest source of complaints, money paid as a deposit will now be held by a third party.
Minister Jan O'Sullivan announced the new rules which will see Ireland adopt an international standard, with housing deposits held by an independent third party instead of the landlord.
Threshold highlighted the issue of tenants trying to claim back deposits from landlords who simply no longer had the money.
Threshold chief executive Bob Jordan said: "The problem of deposit retention has become more acute in recent years because many landlords themselves are facing financial difficulties and simply don't have the money to hand back. The current system whereby the landlord pockets the deposit at the beginning of the tenancy simply does not work."
(MH/JP)
Addressing an issue that housing charity Threshold say is the biggest source of complaints, money paid as a deposit will now be held by a third party.
Minister Jan O'Sullivan announced the new rules which will see Ireland adopt an international standard, with housing deposits held by an independent third party instead of the landlord.
Threshold highlighted the issue of tenants trying to claim back deposits from landlords who simply no longer had the money.
Threshold chief executive Bob Jordan said: "The problem of deposit retention has become more acute in recent years because many landlords themselves are facing financial difficulties and simply don't have the money to hand back. The current system whereby the landlord pockets the deposit at the beginning of the tenancy simply does not work."
(MH/JP)
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