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It’s the law: Healthy Homes standards

The Government’s Healthy Homes minimum standards will be law from 1 July 2019 – even though their final form won’t be released until later this week.

Monday, May 13th 2019, 5:07PM

by Miriam Bell

It was announced today that the final version of the standards have been approved and signed off by Cabinet and are now set to be gazetted.

Ministry of Housing and Urban Development deputy chief executive policy Jo Hughes says making sure all New Zealanders have warm, dry homes is a key focus for the Government and the Ministry.

“Finalising the standards is a significant milestone for the rental market.”

The new standards, which were first announced by Housing Minister Phil Twyford in February, set minimum requirements for heating, insulation, ventilation, moisture and drainage, and draught stopping in residential rental properties.

Private landlords will have two years to ensure their rental properties are compliant with the standards within 90 days of any new or renewed tenancy.

But all rental homes must fully comply with the healthy home standards by 2024.

Also, from 1 July 2020 landlords will have to include detailed information in new or renewed tenancy agreements about how their property meets the standards.

The standards mean that all rental properties will have to:

• Have a heater that can heat the main living area to 18˚C.
• Have ceiling and underfloor insulation that either meets the 2008 Building Code insulation standard, or (for existing ceiling insulation) has a minimum thickness of 120mm.
• Have extraction fans or rangehoods in kitchens and bathrooms to make them drier.
• Have a ground moisture barrier installed - if they have an enclosed subfloor space - to stop moisture rising into the property.
• Have adequate drainage and guttering to prevent water entering the property.
• Have draughts which make properties harder to heat blocked.

Many investors are wary of the standards as they are concerned about the costs involved with getting their rental properties up to the required levels of compliance.

The NZ Property Investors Federation has said it is supportive of quality standards in rental properties providing they are cost-effective, but it has also warned that they are likely to lead to an increase in rents.

The final healthy homes standards, along with more information about them, will be released on 16 May.

Additional guidance information, including an online tool for calculating the required heating for a living room, will be available from Tenancy Services on 1 July 2019.

Read more:

Revealed: Healthy Homes minimum standards

Costs of standards will hit tenants

Tags: compliance healthy homes housing market insulation property investment property management rental market rents tenants

« Beware unauthorised trades workStandards set to cost »

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.14 6.75 6.39
ANZ 8.64 7.74 7.39 7.25
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 7.14 6.79 6.65
ASB Bank 8.64 7.14 6.75 6.39
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 - 7.14 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 7.74 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 - 6.79 - -
Co-operative Bank - Owner Occ 8.40 6.99 6.79 6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.49 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 6.89 6.55 6.35
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 6.69 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 7.99 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 6.99 6.79 6.65
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 ▼7.65 ▼7.25 -
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 7.74 7.29 6.59
SBS Bank Special - 7.14 6.69 5.99
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 6.14 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 7.79 7.55 7.45
Lender Flt 1yr 2yr 3yr
TSB Special 8.64 6.99 6.75 6.65
Unity 8.64 6.99 6.79 -
Unity First Home Buyer special - 6.55 6.45 -
Wairarapa Building Society 8.60 6.95 6.85 -
Westpac 8.64 ▼7.84 7.35 ▼6.99
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - ▼7.24 6.75 ▼6.39
Median 8.64 7.19 7.27 6.65

Last updated: 28 May 2024 11:21am

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