Tauranga Rental Statistics Rents in Tauranga have risen dramatically in the last 10 years with an average three bedroom house in an average location renting for $272 per week (MBIE Statistics) back in January 2008, in January 2018 the same house would rent for $465 per week, that’s a 70% increase or an average 5.5%…
Woe is Us For Being a Landlord This week one of our Owners sold their rental property. It was something of an emotional event, as it had been their first home, their first home until their little family outgrew it. It’s a fairly humble home in a humble area, but it’s saved by its location, a jaw-dropping…
Asbestos Contamination. The Health and Safety at Work (Asbestos) Regulations 2016 has been around for over a year with enforcement starting from the 4th of April 2018, most people will not know anything about this new Legislation particularly to do with Residential Rental Properties. As Landlords we must now know if our Properties have Asbestos…
Insulation is compulsory in all rental homes from 1 July 2019. Ceiling and underfloor insulation must be installed, where it is reasonably practicable to install. It must comply with the regulations and be safely installed. Wall insulation is not compulsory. Any new, replacement or top-up insulation installed after 1 July 2016 in a rental home…
Government passes ‘Healthy Homes’ bill, requiring all rentals to be warm and dry Phil Twyford’s Healthy Homes bill passes. After several tries in opposition, the new Government have passed a law requiring rentals to be warm, dry, and well ventilated. The law will require landlords to guarantee that any new tenancy from July…
Are You Renting Out An Illegal Dwelling On the 27th April 2017 at the Tenancy Tribunal in Dunedin, adjudicator Wilson made a ruling on a case that has sent alarm bells ringing and many think the ruling was grossly unfair. The former tenant lodged a claim for a refund of rent after she found out…
What We Can Do For You We are now over half way through getting all of our Rentals audited for Insulation, not all comply but at least now our Management Owners know how much it is going to cost to be a legal Rental Property by July 2019. All of our Rentals comply with the…
Can You Afford To Lose Thousands Of Dollars The Government is making our Industry have to deal with a lot more red tape with a lot more Compliance issues being introduced. The first one I will talk about is the Residential Tenancies Act Amendment Bill 2017. As the title says there are to be some…
The Importance of Ventilation and Heating Dampness in houses can lead to mould, which can contribute to health issues, particularly in children. Dry and well-ventilated homes are not only healthier for tenants but also require less maintenance in the long run. There are things tenants can do such as opening windows to air out the…