Rent reforms ‘will be a car crash’ for Fair Deal families
Rules giving more rights to tenants may deter relatives from letting properties owned by nursing home residents, experts warn
Property experts have raised concerns that new rent reforms could prevent families from maximising the value of homes inherited from relatives in nursing homesFamilies of residents in nursing homes are being warned that new rent reforms will prevent them maximising the value of inherited properties if they let them to tenants.Property experts have told the Sunday Independent that many families could struggle to pay inheritance tax bills, nursing home costs and loans if homes owned by elderly relatives on the Fair Deal scheme are let while they are in care.
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