Tenants are paying €30k over guide price to secure property

Tenants are paying €30k over guide price to secure property

TENANTS whose landlords are selling up are routinely paying €30,000 over guide price in a race to secure properties in Dublin before their leases expire, the Q2 REA Average House Price Index has found.

The number of sales in the capital due to landlords leaving the market has risen six points to 25pc in the past three months, the Index revealed.

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