I would only get 775 because of the family composition: 2 parents + 1 child = max 775 in Fingal, not because of the house type. If I switched to RAS, I'd get the market rate less 8~12% for the house itself (minimum 900 pm IMO, but I have no idea how the council measure this, anyone??). The only question would then be whether or not the council allow my existing tenants to remain on where they are or would the council seek to populate the house with more bodies (family with 2+ kids).I thought that the RAS scheme makes no difference to the (lousy) rent given to LLs under the RA scheme. In other words Murph still ends up with a meagre 775 euros for a three bedroom house in D.15., the main difference being that the council pays direct to LL.
Have I got that wrong?
I don't know nick, I pick it up that they pay based on property type rather than the family composition of the first occupants (who might leave at any time) because the property could theoretically be occupied by anyone the council nominates during the contract. If they tried to offer ~700 I would tell them to take a running jump and exit the RS sector altogether.Murphaph - the council want to reduce costs , as per Twoforone's post. They won't pay 8-10% less than your estimate of current market rent.
The only way you can get more money than 775 from the cou8ncil is to rent it to a larger family. Two adults and one child means the council will not pay more ,whether RA or RAS , than around 775 euros.
So, tell your tenants to quickly have twins or move out.
Anyway, why not phone the council now? -all details on the link in twoforone's post.
I bet you won't pleased with whatever they say.
You're absolutely right that the prices on daft would be asking prices but they have been creeping up (for my type of property anyway) over the past 12 months.Slightly different case in that it was a house share but a friend of mine had awful difficulty renting out the spare room in her house (that she also rents) in D15. Had to reduce the rent 3 times as she just wasn't having any enquiries.
The thing to remember is while it's €1500 pa of a reduction that's less than having the place empty for 2 months which could easily happen. I think there's an over-supply in D15 and I would suggest that the prices on DAFT are asking prices not actual renting prices.