Landlords could offer tenants cash to move out before new rent rules kick in

"Renters could be offered thousands of euro by landlords to leave their homes early as new reforms come into effect next month, agents have said."

"New rules mean renters who sign agreements after March 1 will be entitled to six-year tenancies, and small landlords would also be banned from putting their properties up for sale without tenants being left in situ."

Renters could be offered thousands of euro by landlords to leave their homes early as reforms come into effect next month. Renters who sign agreements after March 1 will be entitled to six-year tenancies. Small landlords will be banned from putting their properties up for sale unless tenants are left in situ. Those changes reduce landlords' ability to regain vacant possession and increase the likelihood of landlords offering financial incentives to secure early vacancy. The combined effect of longer statutory tenancies and sale restrictions is expected to accelerate the offloading of rental properties. Market responses could include increased sales listings and negotiated buyouts to convert tenanted properties to vacant sale stock.

Read at Independent