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Compliance statement deadline extended

There’s some relief for struggling landlords with the announcement today that the Healthy Homes Compliance Statement deadline has been extended for an additional five months.

Tuesday, June 2nd 2020, 5:02PM

by Miriam Bell

Associate Minister of Housing Kris Faafoi says the deadline to include detailed information in their tenancy agreements about how their property meets the Healthy Homes Standards has been pushed back from 1 July 2020 to 1 December 2020.

While the Healthy Homes Standards became law on 1 July 2019, compliance with them is being phased in over a number of years.

The next stage of the phase-in was to have landlords provide tenants with a statement of compliance providing information on if and how their rental property complies with the Standards.

In order to complete a compliance statement, landlords need access to their rental properties and to allow tradespeople to complete inspections to determine the level of compliance, Faafoi says.

“However, restrictions to property access during Covid-19 alert levels three and four have limited landlords’ ability to undertake this activity and further delays are likely during alert level two due to backlogs caused by the lockdown.”

That has led Cabinet to agree to delay the requirement for compliance statements until 1 December 2020.

Faafoi says it will mean new tenancies beginning over the summer period in December and February can be incorporated into the statement of compliance process.

But the extended deadline will not affect any of the dates by which rental properties have to comply with the Healthy Homes Standards, he adds.

“The delayed deadline only refers to the requirement for a detailed statement of current compliance. The remaining deadlines are not being changed.”

REINZ chief executive Bindi Norwell is delighted that, after months of lobbying, the minister and his officials have taken on board the feedback from the property management profession.

She says there were significant concerns that compliance statement template wasn’t going to be available in time due to the high Covid-19 related workload the Government has been placed under.

“Also, there were concerns the qualified tradespeople who were expected to complete the compliance statements were unable to complete the high number of inspections still required post-lockdown.”

Initially, the profession asked for a two-month extension, so the five-month extension is considered extremely welcome news.

However, Norwell says the advice they issued to landlords and property managers earlier in the year around not leaving inspections until the last minute still applies.

“We would encourage people to have their inspections booked at their earliest convenience – obviously still taking Covid-19 safety and physical distancing requirements into account.”

*MBIE has developed a template for landlords to use for their statement of compliance. It is available here.  

Read more:

It’s the law: Healthy Homes Minimum Standards 

Costs of standards will hit tenants 

Tags: compliance coronavirus Covid-19 healthy homes housing market insulation investment landlords minimum standards property investment property management real estate REINZ rental market tenants

« Rent arrears end tenancies in lockdownWhat lockdown meant for landlords’ finances »

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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 7.75 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 7.74 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 7.89 7.35 7.25
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 7.29 6.75 6.65
Median 8.64 7.21 7.29 6.65

Last updated: 20 May 2024 10:01am

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