Mantissa wrote:
The BTLs may have been treated differently actually. I believe most of the relief was for mortgage-holders for some reason.
Correct, as per the article:
Quote:
Under a deal brokered by the Taoiseach’s department and the Department of the Environment, it was agreed that former residents would have their debt written off.
As part of that agreement, ownership of owner-occupier homes was transferred to DCC – as were the mortgage obligations. Owners of buy-to-let properties were given a moratorium on their mortgage payments – and promised a complete refurbishment of their apartments.
So BTL owners were in limbo and are now stuck with the least attractive property in Ireland, but short memories, a rename, refurb and rental demand will probably see them do alright in the medium to long term.