Fingal County Council have a new incentive to get more rental property on their books. Its called their Long term Lease Scheme and the details are as follows:
From 5 to 20 years (you choose the length of time), you could have:
- no vacancy costs,
- no letting fees,
- no rent arrears and
- no day to day maintenance costs.
- Guaranteed income of up to 92 % of the market rent.
- Regular rent reviews to make sure your rental income is on par with market rent.
Fingal County Council are looking for good quality fully furnished vacant 1,2,3 and 4 bedroom properties across the Fingal area. The scheme is not restricted to just one property per landlord, multiple properties are.
On the face of it, it looks like a very good way to have a guaranteed rental income from your property with very little effort needed on the part of the landlord, so if you have property in North Dublin that might meet their criteria, and don’t want (or have the time) to maintain the property, look for tenants, deal with letting agents, … Then why not look into this scheme.
For more information contact Fingal County Council on:
By Phone: (01) 8708425
By email: firstname.lastname@example.org or email@example.com