Airbnb has become a popular rental accommodation option for many around the world. It enables anyone with either a holiday home, existing house, a room or spare space to be rented out for the night or short-term. Airbnb has seen massive growth since it started in 2007 and is valued around $31billion according to […]
Time is counting down to the start of the Healthy Homes Guarantee Act which starts on 1 July 2019. We want to remind all our landlords that rental properties must be insulated in the roof and under neath the flooring where applicable. For some properties this is not possible because of either concrete flooring […]
Its been 2 years in the making and on October 22nd 2018 the new Overseas Investment Amendment Bill became law, restricting overseas buyers from buying existing housing in New Zealand. Let’s look at what this means and who this affects. The government wants to slow down the property prices in New Zealand and […]
A new workplace health and safety asbestos regulation came into effect in April of this year. This effects mostly commercial property owners but also residential property owners as well. The Health and Safety at Work (Asbestos) Regulations 2016 mean that property owners with a property which is operating as a workplace must not only […]
There has been a lot of debate over the claiming of rental losses and whether this method of taxation should be allowed by investors. Our Governments view is that, with property prices having reached their current peak, they are out of reach for the average kiwi and something needs to be done about […]
You would have already seen in the news that foreigners will not be able to buy existing houses in New Zealand from around the beginning of 2018 and expected to pass in before Christmas 2017. The new Prime minister said “Anyone who was not either a citizen or resident of New Zealand would not […]
As a landlord, hearing the word ‘Meth (methamphetamine) in your property’ can easily be viewed as a disaster or a nightmare but it is far from the truth. Understanding and seeking the right help can limit the damages or stress caused to landlords and or tenants. Unfortunately the sleeping giant has woken and the […]
We have known for some time that the new smoke alarm regulations came into law on the 1st July 2016. We recommend you read the below to make sure you are compliant to the new rules. There are serious ramification if you are not, but to say the least not only is it not costly […]
New changes to insulation laws for rental properties…new insulation rules came in to law on the 31st May this year which was approved by Parliament and take effect on 1 July 2016. Insulation requirements by 1 July 2016 all new tenancy agreements include a statement of the extent and safety of insulation in the […]
The new Health and Safety Reform Bill (the Health and Safety at Work Act) came into force 4 April 2016. The ‘Health and Safety at Work Act’ replaces the ‘Health and Safety in Employment Act 1992’. This act is important for all landlords because at some stage you will have contractors on site, maintenance […]