tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Tuesday, August 11th, 10:30AM

News

rss
Latest Headlines

DIY rules aimed at eliminating building rogues

Guidelines for do-it-yourself (DIY) homeowners and builders have been released recently in an attempt to eliminate rogues in the building sector.

Thursday, May 1st 2008, 1:01PM

by The Landlord

The Government had previously revealed proposals for the new Licensed Builder Practitioners’ (LPB) scheme, set to become compulsory in 2010. However, the announcement of the scheme had triggered confusion about what home building tasks would require a licensed builder, and what could be done by homeowners and DIYers.

Building and Construction Minister Shane Jones announced the DIY criteria to delegates at the opening of the Registered Master Builders Federation (RMBF) annual conference in Wellington.


Jones said DIYers who wanted to qualify for an owner-builder exemption would have to meet the following criteria:
  • They must be an individual and the owner of the land on which the building work is to be carried out.
  • They will have to sign a statutory declaration stating that the new building is to be their home
  • The implied warranties in the Building Act that apply to builders will be extended to apply to DIYers
  • Council records will show that the work was carried out by a DIYer.
“The devil is in the detail, and we have been able to provide that detail by defining what owner-builders can do... This should close the potential loophole between recognised licensed builders and rogues pretending to be DIYers,” Jones said.

He said restricted work wouldn’t apply to all building work, only the critical elements, such as “managing moisture content, ensuring a robust and reliable structural framework and the ability to contain fire from spreading.”

However, the Construction Industry Council (CIC), who also welcomes the new building regulations, says the exact nature of projects to be classified as ‘restricted work’ is yet to be established, with the Government expected to consider final proposals by mid October 2008.

Jones also made it clear that if DIYers chose not to use a licensed builder for restricted or specified work, they would face the same liabilities that licensed builders face.

Jones also added that he would like to see it compulsory for vendors selling new homes to inform buyers through notification on the LIM or title that an unlicensed person did the restricted work on the house.

« 'Slight' oversupply of houses will help keep prices downBill to modernise apartment laws on its way »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA 4.55 2.55 2.69 2.79
ANZ 4.44 3.15 3.25 3.39
ANZ Special - 2.55 2.69 2.79
ASB Bank 4.45 2.55 2.69 2.79
Bluestone 3.49 3.49 3.49 3.49
BNZ - Classic - 2.55 2.69 2.79
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 3.15 3.29 3.39
BNZ - TotalMoney 4.55 - - -
CFML Loans 5.50 - - -
Lender Flt 1yr 2yr 3yr
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
First Credit Union Special 5.85 3.35 3.85 -
Heartland 3.95 2.89 2.97 3.39
Heartland Bank - Online - - - -
Heretaunga Building Society 4.99 ▼3.85 ▼3.95 -
HSBC Premier 4.49 2.45 2.60 2.65
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - - -
ICBC 3.69 2.55 2.65 2.79
Kainga Ora 4.43 ▼2.93 ▼3.07 ▼3.24
Kiwibank 3.40 3.30 3.54 3.54
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.55 2.79 2.79
Liberty 5.69 - - -
Nelson Building Society 4.95 3.45 3.49 -
Pepper Essential 4.79 - - -
Resimac ▼3.39 3.45 ▼2.99 ▼3.35
SBS Bank 4.54 ▼3.05 3.19 ▼3.25
Lender Flt 1yr 2yr 3yr
SBS Bank Special - ▼2.55 2.69 ▼2.75
The Co-operative Bank - Owner Occ 4.40 2.55 2.69 ▼2.79
The Co-operative Bank - Standard 4.40 3.05 3.19 ▼3.29
TSB Bank 5.34 3.35 3.49 3.79
TSB Special 4.54 2.55 2.69 2.99
Wairarapa Building Society 4.99 3.65 3.69 -
Westpac 4.59 4.15 4.09 4.49
Westpac - Offset 4.59 - - -
Westpac Special - 2.55 2.69 2.79
Median 4.55 3.05 3.13 3.12

Last updated: 11 August 2020 8:24am

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com