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Articles tagged with 'property management'

Surge in rental demand in Palmerston North

18 October 2019 - Palmerston North’s rental market is running hot with enquiries about rental properties skyrocketing up by 50% year-on-year in September, new Trade Me Property data shows.

COMMENT: Sign of changing times

17 October 2019 - Fletcher Building opened a flash, new, high tech, prefabricated house building factory yesterday. Great things are expected of it, but Miriam Bell ponders what it means for your average investor.

New ring-fencing rules in play

11 October 2019 - Landlords - don’t forget about the Government’s changes to the rules around the ring-fencing of rental losses as they are now in force, Inland Revenue is warning.

COMMENT: Getting to grips with tenancy disputes

7 October 2019 - Widespread ignorance of tenancy law is behind current representations of residential tenancy disputes which feature tenants as victims, writes Auckland Property Investors Association vice president Peter Lewis…

Airbnb room rental not bylaw violation

4 October 2019 - Renting a spare bedroom on Airbnb was a breach of the tenancy agreement but it did not constitute an unlawful act - under a local body by-law - by the tenant, the Tenancy Tribunal has found.

Bad behaviour behind most 90-day notices

27 September 2019 - Getting rid of “no cause” terminations won’t benefit good tenants but it will help bad tenants - as most 90-day notices are due to poor tenant behaviour, landlords are warning.

Govt must regulate property managers - REINZ

25 September 2019 - REINZ has stepped up its campaign to introduce national regulation for property managers with the launch today of a new website devoted to the cause.

Build-to-rent momentum grows

29 August 2019 - The Government needs to better enable the growth of New Zealand’s fledgling build-to-rent sector if it wants to alleviate the country’s housing shortage.

COMMENT: The dangers of neglecting code compliance certificates

28 August 2019 - It’s a legal requirement for commercial buildings to have a Code Compliance Certificate yet many don’t. Building compliance expert Rosie Kilip explains why this is not a good thing...

The staggered rise of big city rents

27 August 2019 - Rents in Auckland and Wellington are up from this time last year – but they have been flatlining in recent months, according to new data from Trade Me Property.

A tale of two cities prices

20 August 2019 - Asking prices in Auckland continue to decline while Wellington’s asking prices are still running hot, according to the latest Trade Me Property Price Index.

New privacy guidelines welcomed

19 August 2019 - Confusion over what information landlords can ask for when selecting tenants should be eased by a new set of guidelines from the Office of the Privacy Commissioner (OPC).

Tenants need to know about insurance

7 August 2019 - Take note landlords – if you are worried about liability for tenant damage, the time to talk to your tenants about insurance is now.

Affordability key to value growth

7 August 2019 - Whether values are going up or down in markets around the country, new QV data highlights that affordability – or the lack of – is a key determinant.

Tribunal fines landlord for insulation fail

7 August 2019 - Failure to install insulation into a rental property by the July 1 deadline has earned a Bay of Plenty landlord a $1,500 penalty and a work order.

Greens renew call for tougher tenancy laws

4 August 2019 - Getting rid of no cause rental terminations and the introduction of a Warrant of Fitness for rentals are critical parts of the Green Party’s renewed focus on housing announced at their Annual Conference over the weekend.

Pushing up the national average price

1 August 2019 - The main centres used to drive New Zealand’s market but it was strong provincial markets that contributed to the national average asking price’s rise in July.

Pace of rent growth slows in Super City

31 July 2019 - Auckland rents might be steep but new data from Barfoot & Thompson reveals the rate they are increasing at has been slowing for the last three years.

COMMENT: The coming rental housing crisis

30 July 2019 - Failure of government to reverse policies will result in a calamitous fall in houses to rent and escalating rents in a crisis unseen since the 1930’s, writes veteran property investor Jonathan Bidmead.

Rental stock can’t match demand

29 July 2019 - Pressure continues to build in the rental market as Trade Me Property’s latest rental data shows soaring demand and a decline in available stock.

New tenant damage, meth measures are only partial solutions

26 July 2019 - Changes to the legislation around tenant damage and meth contamination have been years in the making but now they are finally here are they any good for landlords?

Tenants liable for careless damage – to a point

25 July 2019 - Tenants will now have to take some responsibility for careless damage to rental properties after the Residential Tenancies Amendment Bill (No. 2) passed its final reading in Parliament on Wednesday.

The costs of rental policy changes

24 July 2019 - The deluge of policy changes to the regulations governing rental property are a key headwind for the housing market, according to ANZ economists.

A world of declining yields

21 July 2019 - There was gold in regional rental yields in recent years but that’s changing as property prices in smaller markets go up and their yields go down.

It’s all about supply

19 July 2019 - New Zealand’s housing shortage is getting worse, not better, and that’s why huge price falls are unlikely going forward, according to Kiwibank economists.

Bachcare charged with misleading consumers

16 July 2019 - The Commerce Commission alleges the online holiday rental booking platform has manipulated online user reviews it has received.

Super City changes enabled by Unitary Plan

16 July 2019 - Investors – take note: Auckland’s housing stock is changing with nearly two thirds of the new dwelling consents in May for apartments and townhouses.

Changes to quake prone building system

15 July 2019 - Owners of earthquake-prone buildings (EPBs) will now be able to conduct modest building alterations without having to undertake seismic strengthening work at the same time.

Shining the light on unit titles

12 July 2019 - The unit title sector is one of the most misunderstood areas of property ownership so Tenancy Services has launched a new website to help out those affected.

COMMENT: Loss ring-fencing ups war on renters & owners

10 July 2019 - New rules around the ring-fencing of rental property losses came into force late in June and Stop the War on Tenancies spokesman Mike Butler believes they’ll have a negative impact on the rental market...

Getting end of tenancy clean ups right

5 July 2019 - Confusion over what leaving a property “reasonably clean and tidy” at the end of a tenancy means has prompted a call for prescriptive guidelines from Tenancy Services.

Join the office space revolution

4 July 2019 - Flexible working spaces are more than just a fleeting trend and the launch of a new co-working serviced office franchise programme will open up the market to investors.

COMMENT: The Sound of One Hand Clapping

2 July 2019 - Two of our Lords and Masters have recently been laid low yet landlords are still treated as the problem rather than part of the solution, argues Auckland Property Investors Association vice president Peter Lewis…

Insulation D-Day

1 July 2019 - Today’s the day that all rental properties must have ceiling and underfloor insulation under the Residential Tenancies Act – and it looks like the majority will be compliant.

Foreign buyer ban impacts Queenstown Lakes

27 June 2019 - The foreign buyer ban impact was felt the most in Queenstown Lakes, but despite slowing growth, the market has attractive features for buyers, writes Joanna Jefferies.

COMMENT: The compliance struggle

26 June 2019 - For many property investors, the end goal is setting themselves up for retirement – but new requirements are making that harder. Investor Dale Young explains how his retirement project is turning into a compliance nightmare...

COMMENT: Ditching Accommodation Supplement not the answer

12 June 2019 - Tenant advocates have long claimed the Accommodation Supplement benefits landlords over tenants but those demanding it be scrapped are ignoring some relevant facts, says NZ Property Investors Federation executive officer Andrew King.

Call to license landlords

10 June 2019 - There’s a fresh demand for the mandatory licensing of landlords – and this time it comes from property manager representatives.

Serial failure to lodge bonds earns massive fine

6 June 2019 - The importance of lodging tenants’ bond money is demonstrated by a new Tenancy Tribunal ruling which orders an Auckland landlord to pay nearly $180,000.

Manage your value expectations

6 June 2019 - Property owners thinking of selling up are being told to manage their expectations as the latest QV data highlights that New Zealand’s housing market is slowing, but steady.

COMMENT: Tenant selection turned into a lotto draw

1 June 2019 - The Privacy Commissioner has created a lotto draw for tenant selection with the recent release of some ill-conceived guidelines, writes property management consultant David Faulkner.

Don’t wait - get compliant

30 May 2019 - Radical, costly and with issues? Yes. But the new Healthy Homes minimum standards are warranted and will improve New Zealand’s housing stock, according to one property management consultant.

Applying for a tenancy like applying for a job

25 May 2019 - Credit checks should only be conducted after someone becomes the preferred candidate for a tenancy - not in the early stage of the application process, according to the Office of the Privacy Commissioner.

No extensions for insulation compliance

24 May 2019 - There will be no extensions for landlords who don’t comply with the 2016 insulation requirements, the Ministry of Business, Innovation & Employment is warning.

Credit check ban unreasonable

23 May 2019 - Preventing landlords from running credit checks on prospective tenants - as mandated by new privacy guidelines - is not reasonable, tenancy experts say.

COMMENT: Why the new standards are not the answer

23 May 2019 - The final version of the Government’s new Healthy Homes minimum standards came out last week. Stop the War on Tenancies spokesman Mike Butler tells us what he thinks about them…

What landlords can't ask tenants

22 May 2019 - Think you know what you can ask a prospective tenant? It might pay to check out the Privacy Commissioner’s new guidelines to see if what you are asking really is acceptable.

Warning: insulation deadline looming

21 May 2019 - Landlords take note: there’s only 40 days left to insulate rental properties before a $4,000 fine from the Ministry of Business, Innovation and Employment (MBIE) comes into play.

Standards set to cost

17 May 2019 - Nearly 60% of Auckland property investors believe they will have to spend money to be compliant with the new Healthy Homes minimum standards, according to new Crockers research.

It’s the law: Healthy Homes standards

13 May 2019 - 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.

COMMENT: Ring-fencing impact likely to be limited

13 May 2019 - The new rules around the ring-fencing of rental losses are unlikely to cause a sea-change in investor behaviour, according to CoreLogic senior property economist Kelvin Davidson.

Beware unauthorised trades work

8 May 2019 - Property owners are being warned not to fall into the trap of using unlicensed people to conduct plumbing work on renovation projects.

COMMENT: Punishing landlords won’t solve crisis

6 May 2019 - The capital gains tax debate is over, but landlords are still being scapegoated as the focus turns to Healthy Homes, argues Auckland Property Investors Association vice president Peter Lewis…

Tardy repairs earn $2000 fine

3 May 2019 - Slow action on a leaky roof has earned a property management company and an absentee landlord a fine and a reprimand from the Tenancy Tribunal.

Gateway to returns

2 May 2019 - Upper Hutt has long been overlooked as an investment option but its affordable prices, strong yields and tight rental market mean it is now attracting attention, reports Miriam Bell.

IAG boosts premiums to reflect risks

30 April 2019 - New Zealand’s largest general insurer will be taking more account of risk in its premiums and that means customers in disaster-prone areas will face bigger costs.

High demand makes for rent rises

29 April 2019 - Strong demand for rental properties nationwide means Trade Me Property’s latest data shows year-on-year rent rises in every region.

CGT reprieve

17 April 2019 - New Zealand will not see the introduction of a capital gains tax after the Coalition Government was unable to reach a consensus on the issue.

Changing world, changing property market

11 April 2019 - Technology and changes to the way people work are set to transform the commercial property sector and investors need to be attuned to these developments.

Policy king hit

8 April 2019 - Investors have recently been dealt a double whammy with the concurrent release of the Tax Working Group’s recommendations on capital gains and the Healthy Homes minimum standards.

Yields creeping upwards

5 April 2019 - After many years in the wilderness, yields on rental properties are picking up – which should appeal to those trying to adapt to the changing property investment landscape.

COMMENT: Tax deductibility of rental property upgrades

4 April 2019 - Rental property upgrades required by the Healthy Homes minimum standards will make the area of tax deductibility even more thorny, writes Auckland Property Investors Association vice president Peter Lewis…

Top yields in City of Sales

1 April 2019 - Investor-style apartment sale prices have taken a hit recently: does this represent an opportunity for investors? Joanna Jefferies investigates.

Treat rental properties as a business

30 March 2019 - The need for landlords to treat their rental properties as a business is highlighted by three new Tenancy Tribunal rulings.

Investors hold properties for longer

20 March 2019 - Public perception has it that investors spend their time flipping properties on a regular basis but new analysis shows they hold properties for longer than other buyers.

Boom time in student rental market

14 March 2019 - Landlords who are active in the student rental market are reaping the benefits as the academic year kicks off, according to Trade Me Property.

COMMENT: Property reno - where are the tradies?

5 March 2019 - What seemed like a straight-forward renovation job on a rental property left Auckland Property Investors Association vice president Peter Lewis wondering where all the tradies have gone when we need them so much…

Garden City gears up

4 March 2019 - A plateau in values and rents has been a feature of the southwest Christchurch market for some time, but this year the market looks on the up, writes Joanna Jefferies.

Scope of CGT likely to narrow

26 February 2019 - Government assurances that they are not bound by the Tax Working Group’s recommendations are increasing concerns that a capital gains tax will be applied to rental properties alone.

What you need to know about body corporates

26 February 2019 - Body corporate issues regularly turn up in court. So Auckland District Law Society president Joanna Pidgeon explains what investors need to know about them to avoid ending up in a legal battle.

Cost of standards will hit tenants

25 February 2019 - Parts of the Government’s new Healthy Homes minimum standards are not cost-effective and that will impact on tenants, according to investor advocates.

Revealed: Healthy Homes minimum standards

24 February 2019 - The Government’s minimum standards to make rental properties healthier for tenants have finally been released – but landlords will have five years to comply with them.

The DIY landlords

18 February 2019 - INVESTOR PROFILE: One young Masterton couple have amassed a portfolio with 13 income streams in four years and their story proves that the DIY route is a strategy to seriously consider.

Altered landscape for investors

7 February 2019 - This year’s Squirrel property investors’ survey reveals that uncertainty over government policy changes reigns supreme and that’s impacting on how investors go about their business.

Harbourside metropolis

4 February 2019 - Strong economic and population growth and a tight rental market mean Tauranga remains an appealing option for investors, writes Miriam Bell.

Office business

29 January 2019 - New Zealand’s office sector is currently shaped by a shortage of supply but, going forward, it’s flexible workspaces which are set to reshape the market.

Tribunal rules for landlord in damage case

24 January 2019 - Damage done to a Porirua rental property by a dozen dogs was intentional and that means the tenants have to pay, the Tenancy Tribunal has found.

Wellington rents highest in NZ

23 January 2019 - There’s been a changing of the guard in the rent stakes with Wellington overtaking Auckland as the city with the highest rents in the country.

Slow Auckland rent growth unlikely to go on

22 January 2019 - Auckland is seeing the slowest rate of rent increases in years, the city’s biggest property manager has revealed – but don’t expect it to continue.

Time of change: 2019 forecast

15 January 2019 - New Zealand’s property market might be in a better place than Australia’s but investors still need to brace themselves for major change in 2019.

Time for a sea change

7 January 2019 - Nelson-Tasman is famed for its lifestyle attractions but its solid price growth and tight rental market make it a good option for investors too, writes Miriam Bell.

The outlook for 2019

3 January 2019 - 2019 is set to be a year of massive change as the Government’s suite of housing and tax policies start to bed in. Here’s what property market commentators have to say on the coming year…

2018 – a year of uncertainty

31 December 2018 - If last year was a year of disruption, this year was one in which the movement towards change took off – and many investors were left floundering and uncertain.

Top 5 Tribunal tips for landlords

27 December 2018 - Love it or loathe it, many landlords find they need the Tenancy Tribunal so it pays to know how it works.

Landlords urged to act on insulation

24 December 2018 - Warnings that landlords need to step up and ensure their rental properties meet insulation requirements are coming thick and fast as the year ends.

Monitoring rental home quality

19 December 2018 - Landlords concerned about whether or not their rental properties qualify as “healthy homes” can now look to new high-tech monitoring tool for help.

Healthy Homes benefits overstated - economist

17 December 2018 - Claims made about the benefits of ensuring New Zealand’s rental properties meet the Government’s Healthy Homes minimum standards are exaggerated, according to a new report.

Landlording like a parent

17 December 2018 - INVESTOR PROFILE: NZPIF 2018 landlord of the year Leilani Driessen says landlording has parallels to parenting and being a landlord has enabled her to be present for her kids.

Static Auckland rents suggest underlying problem

13 December 2018 - Overcrowding could be the real reason that Auckland rents haven’t budged for months while Wellington rents have rocketed up to match those in the SuperCity.

Has the sun set on holiday rentals?

11 December 2018 - With all the talk of increased council rates and compliance for short term rentals, do they still make investment sense? This month NZ Property Investor magazine investigates.

Strong value growth in affordable centres

5 December 2018 - Affordability is the critical factor in the ongoing strong value growth seen in a number of markets around the country, notably Dunedin and Wellington.

COMMENT: Setting policies good practice for landlords

4 December 2018 - Landlords need to establish strict policies around their rental properties rather than just winging it, Auckland Property Investors Association vice president Peter Lewis believes…

Late Cycle Growth in Kapiti Coast & Horowhenua

30 November 2018 - In the south west of the North Island, property prices and rents are experiencing late-cycle growth, writes Joanna Jefferies.

Wellington rents riding high

29 November 2018 - Rents are on the rise in markets around the country – but it is Wellington’s rental market which is running red hot, new Trade Me Property data shows.

COMMENT: Embedded networks - what to watch out for

29 November 2018 - Developers are increasingly seeking to maintain control of embedded networks in apartments and that means both buyers and body corporates need to know what to watch out for, Auckland District Law Society president Joanna Pidgeon explains.

Halt to apartment law reform plan

27 November 2018 - There’ll be no immediate reforms to apartment law after the Housing Minister declined to adopt a new Unit Titles Bill drafted by two National MPs.

Growth in NZ demand for co-working space

22 November 2018 - Developing co-working and flexible spaces in commercial properties offers big opportunities for landlords, the results of a major new survey suggest.

COMMENT: War on tenancies should stop

21 November 2018 - Life for rental property owners may become tougher as Labour’s newbie Housing Minister Phil Twyford tries to “make life better for renters”, Stop the War on Tenancies founder Mike Butler warns.

Insurance essentials

19 November 2018 - Too often investors do a quick once-over on the insurance front. But when it comes to commercial property that’s a mistake – instead it’s worth getting to grips with the fundamentals.

Fierce opposition to tenancy proposals

16 November 2018 - Nearly 100% of landlords who completed a simplified tenancy law reform submission form believe it should be possible to buy and sell properties without sitting tenants.

Landlords to bear letting fee costs

15 November 2018 - Growing numbers of property managers are announcing that they will be replacing letting fees with new charges for landlords.

Investor exodus unlikely

2 November 2018 - Disappointment is on the cards for the Government as their policy changes are unlikely to cause a mass exodus of investors from the housing market, experts believe.

Auckland yields improving

2 November 2018 - There has been a slight rebound in rental returns for Auckland landlords – but it’s not due to a rapid rise in rents.

Letting fees banned

1 November 2018 - It is no longer legal to charge tenants letting fees after Parliament today voted to pass legislation banning them from 12 December.

Growth cycle not over yet

1 November 2018 - It seems there is some life in the market yet with property values springing back to life in the latest QV data.

Tight supply means rent rises

29 October 2018 - A further decline in available rental properties leads Trade Me Property to warn tenants there are “ominous signs” that rent rises are on the horizon.

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.19 ▼4.05 ▼3.95 4.49
ANZ Special - ▼3.55 ▼3.45 3.99
ASB Bank 5.20 ▼4.05 ▼3.95 4.39
ASB Bank Special - ▼3.55 ▼3.45 3.89
BNZ - Classic - ▼3.55 ▼3.45 3.99
BNZ - Mortgage One 5.90 - - -
BNZ - Rapid Repay 5.35 - - -
BNZ - Std, FlyBuys 5.30 4.45 4.35 4.55
BNZ - TotalMoney 5.30 - - -
China Construction Bank 5.50 4.70 4.80 4.95
China Construction Bank Special - 3.19 3.19 3.19
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 5.95 - - -
Credit Union Baywide 6.15 4.95 4.95 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.80 4.95 -
Housing NZ Corp 5.19 4.15 4.09 4.39
HSBC Premier 5.24 3.35 3.35 3.35
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 5.15 3.18 3.18 3.20
Kiwibank 5.80 4.30 4.24 4.74
Kiwibank - Capped - - - -
Kiwibank - Offset 5.15 - - -
Kiwibank Special - 3.55 3.49 3.99
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.69 4.79 -
Resimac 4.50 4.86 3.89 3.94
Lender Flt 1yr 2yr 3yr
RESIMAC Special - - - -
SBS Bank 5.29 4.85 5.05 5.49
SBS Bank Special - 3.65 ▼3.39 3.89
Sovereign 5.30 4.15 4.29 4.55
Sovereign Special - 3.65 3.75 4.05
The Co-operative Bank - Owner Occ 5.15 3.49 3.59 3.89
The Co-operative Bank - Standard 5.15 3.99 4.09 4.39
TSB Bank 6.09 4.49 ▼4.29 4.85
TSB Special 5.29 3.69 ▼3.49 4.05
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.34 - - -
Westpac Special - ▼3.55 ▼3.45 3.99
Median 5.34 4.05 3.95 4.05

Last updated: 21 October 2019 9:16am

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