Oireachtas Joint and Select Committees

Thursday, 7 December 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (Resumed)

Photo of Paul McAuliffePaul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source

There is nothing in the Bill that stops the landlord from achieving the full market value. There is nothing in it that forces them to wait until the other end of the notice period. In fact, we are providing a period before. That is really important. I think it was the Chair that indicated the last time that there was a perception being sent out that this was another burden on landlords. In fact, there is one portion of it that is more advantageous to landlords because it allows them, if perhaps they are in a very difficult financial situation, to secure the real value of that property at a faster rate, while also keeping the tenant in place.

Second, some points were made that I thought were understandable points. In order to achieve full market value, we have all heard about estate agents telling people to bake bread in their ovens, have the place clean and all the rest. If a tenant is in a property, they may, vexatiously, be trying to prevent the sale. If there is not good access to the property and it is not in good condition, it might be difficult to realise as much as the market value as one might expect. Does the Department accept that is an issue when the tenant is in situ?

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