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Pedersens News

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Removal of the no clause 90 day termination notice and other new proposed changes to the RTA

By Pedersens Property Management on November 18th, 2019.

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Associate Housing Minister Kris Faafoi has announced proposed changes to the Residential Tenancies Act 1986.

The proposed changes seek to:

  • remove the ability for landlords to end a periodic tenancy agreement with no cause. The legislation will instead provide for a range of justified reasons to end a periodic tenancy, including new provisions to respond to antisocial behaviour.
  • require that fixed-term tenancy agreements must become periodic tenancy agreements upon expiry unless: both parties agree otherwise, the tenant is not meeting their obligations, or specified grounds for the tenancy to end apply.

Tenant Liability for damage, Unlawful residential premises & Contamination of premises

By Pedersens Property Management on August 27th, 2019.

New tenancy legislation was passed on 30 July 2019 which will affect landlords and tenants in a number of ways.

The Residential Tenancies Amendment Act 2019 will:

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Do you still need to insulate your rental property by 1 July 2019?

By Tennille Pedersen on March 29th, 2019.

Do you still need to insulate your rental property by 1 July 2019?

Yes.

Compliance time frames for the existing 2016 insulation requirements remain in place and every rental property must have the required insulation by 1 July 2019 or must meet the conditions for exemption.....

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The Healthy Homes Standards – What landlords need to know

By Tennille Pedersen on March 22nd, 2019.

The Healthy Homes Standards were released in February 2019 and set minimum requirements in rental properties for insulation, heating, ventilation, moisture ingress, drainage and draught-stopping.

In this article we discuss everything you need to know.....


 
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The Insulation Deadline is Looming – Is Your Rental Property Ready?

By Tennille Pedersen on October 5th, 2018.


Tenancy Compliance Investigation Team take ‘zero tolerance' policy to enforce new standards......


 

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Have your say on the proposed reforms to the RTA and the Healthy Homes Guarantee Bill

By Tennille Pedersen on September 27th, 2018.

As a Landlord make sure you have your say on the proposed reforms to the RTA and the Healthy Homes Guarantee Bill before it’s too late....

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New government – New expectations – New rules - Property Finance and Meth Webinar

By Kris Pedersen on June 15th, 2018.

What's happening in property finance, what meth testing levels should I be following, and what are my latest non-bank finance options?
 
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Does your rental property require an Asbestos Management Plan?

By Tennille Pedersen on April 27th, 2018.

Why Asbestos is an issue Landlords need to know about?

The Health and Safety at Work (Asbestos) Regulations 2016 states that if Asbestos is in the workplace, a plan is required for that workplace by the 4th April 2018.

 

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Are Auckland rents sky rocketing?

By Tennille Pedersen on February 15th, 2018.

Will rents rise in 2018?

In our opinion, the answer is yes they will. An under supply of new houses being built to meet the current demand, continued high levels of immigration, lending restrictions on investors and the new changes the Labour Government is looking to implementl....


 
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Being a 2018 Landlord in a Labour led Government

By Tennille Pedersen on November 16th, 2017.

The end of the year is fast approaching, 2018 is just around the corner and the New Year brings with it uncertainty, change and potential opportunity for NZ Landlords and Property Investors.

Auckland has experienced extensive capital gains.....
 

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Tenancy Tribunal wrecking ball decisions smashed unsuspecting Landlord

By David Faulkner on October 12th, 2017.

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.....

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Property Investors Respond To Call For Tighter WOF

By Property Blogs on October 6th, 2017.

Renters United, a tenancy advocacy party based in Wellington sparked a new discussion on PropertyTalk recently; namely their recent pre-election initiative asking all political parties to respond to questions on their housing policy. The answers were then published .....
 

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Auckland Council Offers Funding for Insulation

By Tennille Pedersen on July 22nd, 2017.


Great news for Landlords, Auckland Councils Retrofit Your Home Programme will now allow Owners to have the insulation costs of up to $5,000 included in their rates and paid off over 9 years. There will be an interest rate applied of 6.60%, although you.....



 
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Property Investor & Landlord Free Webinar

By Kris Pedersen on July 6th, 2017.


With increasing regulations and a tighter credit market, property investing is a different ballgame than previously. No matter which part of the property cycle we are in, there is always opportunity for those who know how to correctly approach regulation changes.

 
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Residential Tenancies Amendment Bill (No 2) – What you need to know

By Tennille Pedersen on July 6th, 2017.

The Residential Tenancies Amendment Bill (No 2) which has just past its First Reading in Parliament is addressing the issues of methamphetamine, the extent of a Tenants liability for careless damages and heavier penalties for Landlords renting out unlawful....

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