Will Fair Deal scheme changes make it worthwhile to rent out the empty family home?

Across the country are vacant properties whose owners availed of Fair Deal

Most families opt to keep the homes vacant rather than take on the hassle of renting them out for such pitiful returns, with renting only making sense in a few limited circumstances. Photograph: Getty Images

Most families opt to keep the homes vacant rather than take on the hassle of renting them out for such pitiful returns, with renting only making sense in a few limited circumstances. Photograph: Getty Images

As the autumn draws in, you might spot them: they’re the homes where the lights go on at the same time every night, set by automated switches to bring some brightness to otherwise empty homes.

Dotted across the country are properties which were left vacant when their owners moved into nursing homes to avail of the Fair Deal. Now the Government hopes to release some of these homes into the rental market by removing challenges to letting them out, or selling them, in an effort to boost much needed supply in the housing market.

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