Misc

RMA changes help property investors

Property investors adding a deck or some similar renovation to their property should have a much less difficult issue with resource consents.

Wednesday, February 04th 2009


That at least is the promise in the government’s Resource Management reforms announced yesterday.

The main points in the announcement by Environment Minister Nick Smith relate to large projects, but Smith says owners of small properties who want to make changes will also be helped.”

“At the moment the council official has no power to say in effect ‘the effects of this change are minor so we won't go through the expense of a full resource consent process.’ This will change that.”

Examples he gave of unnecessary resource consent processes include someone adding a deck to a house or putting up a clothesline.

“And there are 5,000 resource consents a year just for people to trim a tree.”

The changes also include:

•    Removing the current presumption in favour of notification of resource consent applications and amending the criteria for when public notification is required on projects with more than minor effects on the wider environment.
•    Simplifying the reporting requirements for council decisions and removing the need for material to be repeated in subsequent hearings or reports.
•    Stop councils inserting “blanket” tree protection rules in urban areas.
•    Limit the ability for local authorities to ‘stop the processing clock’ during requests for further information from applicants.
•    Require all councils to pay discounts to applicants if consents are processed late.

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.65
Unity Special 4.65
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
AIA - Go Home Loans 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.44
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
Co-operative Bank - Standard 5.30
Co-operative Bank - Owner Occ 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89

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