The Union of Students in Ireland has today released an update to the homes.usi.ie website, which connects students to spare rooms across the country.
Home owners can benefit from a tax free €12,000 ‘rent-a-room relief’ if they take on a lodger. Speaking as the site was released, USI President Kevin Donoghue was keen to stress the benefits of the system.
“This site is designed to provide quality, affordable accommodation to students while easing the stress on the rental market as a whole. It will also help families who are struggling to make ends meet.”
Donoghue made clear that, whilst the rent-a-room relief scheme represents a good option for students and home owners alike, the problem of under provision of accommodation in major towns needs to be addressed urgently by the government – and is likely to become a general election issue.
“Long term the solution is more purpose built student accommodation. While this will help alleviate the problem in the short term it can’t be seen as a permanent fix.”
The site homes.usi.ie, produced in-house by USI, is a free resource for home owners with spare rooms available to rent. Rooms can be made available under terms agreed by the renter and home owner, and under the scheme it’s not necessary to register with the Private Rented Tenancies Board.
More details on the rent-a-room relief scheme are available at the Citizens’ Information websitewww.citizensinformation.ie