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: Friday, April 19th, 9:25AM

News

rss
Latest Headlines

Controversy over rental WOF - again

People renting are twice as likely to report a damp house problem as home owners, new statistics show – as controversy over a rental WOF hits Parliament again.

Saturday, October 17th 2015, 12:00AM 2 Comments

by Miriam Bell

Just under half of renters reported they had a problem with dampness or mould, compared with around one-quarter of home-owners, according to Statistics New Zealand data released on Thursday.

Household statistics manager Mark Gordon said the 2014 General Social Survey shows that only 7.1% of New Zealanders felt their home needed urgent or major repairs or maintenance.

But nearly two-thirds (64%) said their home needed at least some work, he said.

“A major factor in whether people reported cold and damp was whether or not they were renting. Groups of people who were more likely to rent were also more likely to report problems.”

The data was released on the same day as Parliament’s speaker, David Carter, prevented a Labour Party bid to introduce another rental WOF bill into the system.

Carter said that Labour Party leader Andrew Little’s Healthy Homes Guarantee Bill (No 2), which would introduce minimum standards for rental housing, was the same in substance as an earlier bill that was voted down in March.

This is not allowed under Parliamentary rules, Carter said.

However, Little said the Clerk of the House had been consulted to ensure the wording and aims of the Bill were substantially different enough from the earlier Bill to allow it to be in the ballot.

The decision showed the Government was more interested in playing political games than in addressing the national disgrace of unhealthy, cold, damp homes, Little said.

While Labour’s latest attempt at introducing a rental WOF may have failed, the Green Party still have their Residential Tenancies (Warm, Safe and Secure Rentals) Amendment Bill in the Parliamentary ballot

Attempts at introducing minimum standards for rental properties have gathered increasing momentum over the last year.

However, NZ Property Investors Federation executive officer Andrew King said the whole WOF issue has been openly and stringently examined in recent years.

The conclusion to all the research and discussion is that it is expensive and doesn't target the key desires of warm dry rental properties, he said.

“The harder it is for investors to provide rental property, the more expensive and restrictive it will be for tenants.”

 

« Mixed rental bag for landlordsNew online bond system to benefit smaller landlords »

Special Offers

Comments from our readers

On 17 October 2015 at 9:00 pm jpaynter said:
My rental houses are maintained to a higher standard than my own house. That is, as long as the tenants help by cleaning and airing them. My own house would most certainly fall the WOF. Has anyone considered that tenants are more likely to shut up the house than an owner does his house? It may be a security issue that is psychological or physical (that is, tenanted properties may be considered in less desireable socioeconomic areas were theft is more rife).
On 19 October 2015 at 4:19 pm wazza2222 said:
These ongoing holier than thou comments from politicians about this 'new' problem of cold, damp houses are totally disingenuous! The problem started with the selling off and de-regulation of the electricity industry at the poor old tax payers expense. I was raised in a 'cold damp' kiwi weatherboard house in the 1960's, the difference was, my parents could afford to heat it! Reign in the greedy powerco's if you really want to sort the problem quickly you tricky bl**dy pollies.

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News
Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.24 6.75 6.65
ANZ 8.64 7.84 7.39 7.25
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 7.24 6.79 6.65
ASB Bank 8.64 7.24 6.75 6.65
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 7.24 6.79 6.65
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.84 7.39 7.25
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 7.04 - -
Co-operative Bank - Owner Occ 8.40 7.24 6.79 6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.74 7.29 7.15
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 6.69 6.45 6.19
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.60 7.40 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.75 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.79 7.39 7.25
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 8.25 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 7.25 6.79 6.65
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 7.75 7.35 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
Resimac - LVR < 80% 8.84 8.09 7.59 7.29
Lender Flt 1yr 2yr 3yr
Resimac - LVR < 90% 9.84 9.09 8.59 8.29
Resimac - Specialist Clear (Alt Doc) - - 8.99 -
Resimac - Specialist Clear (Full Doc) - - 9.49 -
SBS Bank 8.74 7.84 7.45 7.25
SBS Bank Special - 7.24 6.85 6.65
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 6.74 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 8.04 7.55 7.45
Lender Flt 1yr 2yr 3yr
TSB Special 8.64 7.24 6.75 6.65
Unity 8.64 6.99 6.79 -
Unity First Home Buyer special - - 6.45 -
Wairarapa Building Society 8.60 6.95 6.85 -
Westpac 8.64 7.89 7.35 7.25
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 7.29 6.75 6.65
Median 8.64 7.29 7.32 6.65

Last updated: 8 April 2024 9:21am

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