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Last Article Uploaded: Tuesday, November 30th, 7:17PM

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REINZ want healthy homes deadline extended

A 90-day extension on the timeframe for Healthy Homes compliance has been called for by REINZ.

Monday, October 18th 2021, 12:37PM

From July 1 private landlords have had to ensure their rental properties comply with the Healthy Homes standards within 90 days of any new or renewed tenancy.

REINZ says many of the properties its members manage are compliant. But others have been unable to complete their Healthy Homes compliance checks or work orders because of the extended countrywide lockdown restrictions.

“This is particularly impacting those who had planned upgrades, as well as those who have renewed or entered new tenancies,” says Joanne Rae REINZ property management head.

REINZ has requested the 90-days Healthy Homes compliance timeframe be extended by three months to December 29. This will enable landlords and property managers to complete the necessary works.

“This means properties that were required to be compliant with Healthy Homes on or before December 28, would now receive additional time to ensure compliance.

“The request does not have the intention of bringing forward a Healthy Homes compliance due date, rather to keep landlords on the right side of the law,” says Rae.

“We have actively encouraged members to work with their clients/landlords to ensure that all Healthy Homes standards are met in advance of the final timeline.

“However, we have received significant feedback from property managers that Covid and the various lockdown levels have impacted implementation.”

She says there is widespread concern that, despite their best efforts, many landlords and property managers are simply unable to comply.

Physical restrictions to personal movement, supply chain issues and the need to postpone or reschedule booked work orders with qualified tradespeople are all part of the problem.

“Considering these restrictions, we have requested the extension to allow for the delays and enable landlords and property managers to undertake the necessary works and ensure their rental properties meet the correct standards.”

All boarding houses – except Kāinga Ora (formerly Housing New Zealand) and Community Housing tenancies – should now comply with the Healthy Homes standards in accordance with the July 1, 2021 timeframe.

Tags: compliance healthy homes regulation REINZ

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Lender Flt 1yr 2yr 3yr
AIA 4.55 3.65 4.35 4.69
ANZ ▲4.79 4.25 4.95 5.35
ANZ Blueprint to Build ▲2.03 - - -
ANZ Special - 3.65 4.35 4.75
ASB Back My Build 2.04 - - -
ASB Bank 4.45 3.65 4.35 4.69
Avanti Finance 4.55 - - -
Basecorp Finance 5.49 - - -
Bluestone 3.74 3.54 3.89 4.09
BNZ - Classic - 3.65 4.35 4.69
BNZ - Mortgage One 5.15 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Rapid Repay ▲4.95 - - -
BNZ - Std, FlyBuys ▲4.95 4.25 4.95 5.29
BNZ - TotalMoney ▲4.95 - - -
CFML Loans 5.15 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.95 - - -
First Credit Union Special 5.85 3.59 4.09 -
Heartland Bank - Online 2.25 1.85 2.35 2.65
Heretaunga Building Society 5.25 4.00 4.60 -
HSBC Premier 4.49 2.19 2.45 2.69
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - 2.25 - -
ICBC 4.15 3.29 3.85 4.19
Kainga Ora 4.43 2.88 3.28 3.59
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank ▲4.25 ▲4.54 ▲5.20 ▲5.54
Kiwibank - Offset ▲4.25 - - -
Kiwibank Special ▲4.25 ▲3.69 ▲4.35 ▲4.69
Liberty 4.84 - - -
Nelson Building Society 4.95 ▲4.29 ▲4.85 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.39 3.54 3.89 4.09
SBS Bank 4.79 3.65 4.19 4.25
SBS Bank Special - 3.15 3.69 3.75
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 3.29 - -
The Co-operative Bank - Owner Occ ▲4.75 3.49 4.15 4.49
The Co-operative Bank - Standard ▲4.75 3.99 4.65 4.99
TSB Bank 5.34 4.09 4.74 4.99
TSB Special 4.54 3.29 3.94 4.19
Unity 5.65 4.15 4.60 -
Wairarapa Building Society 4.99 3.55 3.89 -
Lender Flt 1yr 2yr 3yr
Westpac ▲5.09 4.25 4.95 5.29
Westpac - Offset ▲5.09 - - -
Westpac Special - 3.65 4.35 4.69
Median 4.77 3.65 4.35 4.69

Last updated: 30 November 2021 11:15am

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