Support service launched for inexperienced landlords

AN increasing number of property owners are renting out their houses but experts say many new landlords do not understand what is involved with renting out a house.

This has prompted the establishment of a new firm, Landlord Support Services with is being headed by two businesswomen, Joanne Kiely and Catherine O’Shea, with more than 11 years of experience in the property market.

The Cork-based firm will offer an advice centre to landlords.

Ms Kiely said: “Owning property is no longer the preserve of wealthy individuals and we are very aware of the stresses, both financial and personal, involved on both sides of the fence.

“We will address landlord needs; turning the business of letting into a seamless and stress-free venture for all concerned.”

Since January 1, 2009, it is a legal requirement that all properties are assessed for a BER Certificate. Additionally, in February last year, new legislation on minimum standards in private rented accommodation was introduced and a €200 levy has been introduced, payable to local authorities on all second homes.

“This, means landlords, developers and letting agents are being bamboozled with paperwork, queries from tenants and obstacles which they sometimes do not fully understand or have the time to countenance,” said Ms Kiely.

Managing director of Sherry FitzGerald Residential in Cork, Sheila O’Flynn, said: “More property owners are seeking to let out their properties and letting agents will need to provide a full information, advice and advocacy support service to these clients.

“The service offered by Landlord Support Services will enhance the service offered by letting agencies like ours.

“The service fulfils a need and is well overdue,” Ms O’Flynn said.