Housing demand has remained strong, spurred by low mortgage rates and a speculative dynamic but ANZ does not think this is sustainable 26-11-2020 more >>
Spring has sprung and summer is almost upon us. The holiday break is an excellent time to catch up on maintenance and it may come as a surprise that some of those tasks in the too hard basket may be easier than you think. 18-11-2020 more >>
After calls for regulation of the rental property industry earlier this year, the New Zealand Property Investors’ Federation (NZPIF) has developed an education program designed specifically for self-managing landlords, who make up 60% of all property managers. 08-10-2020 more >>
The NZ Property Investors Federation is extremely pleased that National is looking to provide more homes for tenants, while better protecting all New Zealanders from living next to antisocial tenants. 06-10-2020 more >>
The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to achieve the Committee’s inflation and employment remit. The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March. 24-09-2020 more >>
The Healthy Homes Standards (HHS) were introduced to ensure there would be minimum standards for heating, ventilation, insulation, moisture ingress and drainage, and draft stopping in all rental properties. All private rental houses must comply within 90 days of any new or renewed tenancy after 1 July 2021 22-09-2020 more >>
This newsletter covers updated guidance document for moisture ingress and drainage, how to avoid bond refund delays, an online tool to work out when you can give notice to end a tenancy and translated information for new tenants. 15-09-2020 more >>
Andrew King says the NZ Property Investors Federation has always seen the landlord/tenant relationship as a service provider/customer one. 07-09-2020 more >>
The Green Party has announced that, if it forms part of the next Government with Labour, it would build 5,000 new State Houses per year and create a sustainable, non-profit rental sector through Crown financial guarantees for community housing providers. 14-08-2020 more >>
Statement by the Reserve Bank Governor says that the Monetary Policy Committee agreed to expand the Large Scale Asset Purchase (LSAP) programme up to $100 billion so as to further lower retail interest rates in order to achieve its remit. The eligible assets remain the same and the Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March. 12-08-2020 more >>
Marama Davidson has revealed the real reason for changes to the Residential Tenancies Act. In a speech during the debate on the Bill in Parliament this week, she said the Bill “will incentivise property owners to move out of owning property for rental purposes. 07-08-2020 more >>
The Associate Minister of Housing Kris Faafoi issued a press release last night regarding the passing of the Residential Tenancies Amendment Bill. The President of the NZ Property Investors’ Federation, Andrew King, challenges statements made in this release. 06-08-2020 more >>
Today Parliament has passed under urgency the Residential Tenancies Amendment Bill. This bill has some major changes for both tenants and landlords alike, and none of them are good news. 05-08-2020 more >>
The Government has delivered on its promise to New Zealanders to modernise tenancy laws with the passing of the Residential Tenancies Amendment (RTA) Bill 2020 today, says Associate Minister of Housing (Public Housing), Kris Faafoi. 05-08-2020 more >>
The Ready2Rent programme was started in the Hawkes Bay in 2016. It is a Hawk’s Bay District Health Board-led initiative to reduce the number of children with rheumatic fever and other breathing issues admitted to Hawkes Bay’s hospitals. The 01-08-2020 more >>
Recent comments by a senior solicitor at Morrison Kent, Evan Whetton, has backed up NZ Property Investors’ Federations concerns over radical changes to the Residential Tenancies Act. 27-07-2020 more >>
The NZ Property Investors Federation (NZPIF) is disappointed that the Residential Tenancies Amendment Bill has been released for its second reading with only minimal changes. 12-07-2020 more >>
Usual termination rules will now apply from 26th June 2020. The removal of these temporary measures allows landlords to give termination notices to tenants under the standard Residential Tenancies Act 1986 provisions. Usual notice periods will apply from the date notices are given. Landlords who have had fixed-term agreements rollover can now send notices to terminate these tenancies. 19-06-2020 more >>
Sharon Cullwick, NZ Property Investors Federation (NZPIF) Executive Officer, welcomes the extension by the Government of the deadline requiring landlords to provide Healthy Homes Compliance Statements. The original date was the 1st July 2020 and this date has been extended until the 1st of December 2020. 04-06-2020 more >>
Like everyone landlords are facing tough times due to the fall out of Covid-19. This includes loss of income, reduced wages and business losses. Here are some Government actions which would assist landlords and consequently their tenants. 01-06-2020 more >>
Confidence in rising house prices whipsawed by COVID-19. Perceptions of whether it’s a good time to buy also decline as households batten down the hatches. Interest rate expectations flick back to lower for longer. 27-05-2020 more >>
Of the 270,000 rental houses in New Zealand, 90% are provided by the private rental sector with only a small percentage available through Housing New Zealand and other community-based organisations. Although any house available for rental is a help, having an excess supply of these is the only way to solve the current issue. 20-05-2020 more >>
