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Why more landlords are using property managers

Landlords can be up for penalties if they don’t get things right in this environment. “Paying a property manager is better than paying a fine, it’s about having the ambulance at the top of the cliff,” she says. The move to property managers follows the trend in other countries. New Zealand is behind Australia, which has had more processes and procedures for longer, says Allan Hartley, sales manager at Quinovic Johnsonville. 123rf Most property managers will charge between 7 and 10 per cent of the rent and there may well be one-off fees on top – $30 for doing house inspections every three months, for instance, which many insurers require.

What the Residential Tenancies Act changes mean for you

What the Residential Tenancies Act changes mean for you Newshub 9/02/2021 © Provided by Newshub Legislative changes coming into effect from Thursday are set to give renters more protection as landlords can no longer end tenancies without cause. The Residential Tenancies Amendment Act now limits rent increases to once every 12 months. And from Thursday, many more changes will take effect. There are new notice periods for ending periodic tenancies and fixed term tenancies will automatically roll over to periodic.  Tenants who have signed up to a periodic tenancy will be required to give their landlord 28 days notice. Landlords can only end tenancies for specific reasons, requiring a 63-day or 90-day notice period.

Healthy Homes heating standard wasteful - landlords

ALDEN WILLIAMS/Stuff Damien McGill owns three rental units on Manchester Street in Christchurch and has collected data over winter showing they are already warm. Government officials are looking into landlords’ concerns that a requirement to upgrade heat pumps in many rental properties is excessive. However, the analysis is not a priority for the Ministry of Housing and Urban Development – and no new advice will be imminent despite the deadline for new or renewed tenancies to meet the Healthy Homes Standards approaching in July this year. A Christchurch landlord raised the issue with Stuff, saying he believed getting bigger heat pumps was wasteful and could lead to tenants not heating their homes.

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