Cork City Rental Accommodation Scheme (RAS)


RENTAL ACCOMMODATION SCHEME (RAS)
1

Introduction
2

RAS Cork City Pilot Scheme
3

What is RAS?
3

RAS is a social housing support involving a three-way agreement between:
3

You (the tenant)
3

The Landlord
3

Cork City Council
3

Renting your property
3

Landlords receive a guaranteed monthly rent payment on time from Cork City Council.
3

RAS contracts up to six years minimum.
3

Benefits to Landlords
3

100% mortgage interest tax relief (subject to Revenue guidelines)
3

Guarenteed rent for contract period, no rent collection costs
3

No advertising costs. Tenants are sourced for you
3

Payments continue during vacancy periods
3

Frequently Asked Questions
4

Frequently Asked Questions
5

Frequently Asked Questions
6

Frequently Asked Questions
7

In the case of an apartment, who pays the Management Service Charge?
7

The management fees remain the responsibility of the owner of the property.
7

Who pays the refuse charges?
7

Where there is a management company service charge, refuse charges are usually included in this. Where there is no management service charge the occupier of the house will be liable for the refuse charges.
7

Who insures the property?
7

In the case of apartments, the insurance will be covered as part of the management service charge. In the case of houses, you will be required to maintain buildings and insurance, as you would be liable for any structural repairs e.g. roof. You will be required to maintain contents insurance for the furniture you provide. It is the tenant’s responsibility to have insurance for their own contents.
7

Are landlords entitled to any tax relief forrenting their property through RAS?
7

Landlords who rent to tenants in receipt of RAS, may also avail of increased tax relief. Property owners may claim up to 100% relief on their mortgage interest, as an expense against rental income. Further information is also available from the Revenue Commissioners on www.revenue.ie.
7

What are the responsibilities of the landlord?
7

Themain landlord/tenant relationship ultimately remains the same between the property owner and the RAS tenant as it would with a typical private rented tenancy. However, the Local Authority effectively acts as agent on behalf of the tenant. The landlord is responsible for:
7

For more information visit:
8

RAS
9

Scéim Cóiríochta ar Cíos
9

RENTAL ACCOMMODATION SCHEME
9

LANDLORD APPLICATION FORM
9

Landlord Details:
9

Property Address:
9

EIRCODE:
9

RAS
10

Scéim Cóiríochta ar Cíos
10

Additional Documents/Requirement
10

Documents required to be submitted after property passes an Environmental Health Inspection:
10

Confirmation of an up-to-date Tax Clearance Access Number (TCAN) is mandatory
10

Copy of the current insurance certificate for the property
10

Copy of BER Certificate (Building Energy Rating Certificate) (for further information check www.seai.ie)
10

Proof of ownership of the property (please refer to your solicitor or Land Registry at www.landdirect.ie)
10

Proof of Payment for Annual Management Fees if applicable.
10

Please read carefully before signing the Declaration
10

1. Your property will be inspected by an Environmental Health Officer. Please note the property must comply with Housing (Standards for Rented Houses) Regulations 2019 and Cork City Council RAS requirements before the property is accepted onto the scheme.
10

2. Please note that Cork City Council is not liable for any costs incurred in the upgrading of the property or any costs in relation to the sourcing of the documents listed.
10

Declaration:
10

I hereby declare that the information provided in this application is true and accurate to the best of my knowledge.
10

Complete and return this form by email to:
10

Powered by