Property

Tribunal applications fast-tracked

A new system designed to cut the time it takes to resolve tenancy disputes will only be available to big property management firms and Housing New Zealand at first.

Thursday, January 30th 2014

Housing Minister Nick Smith has revealed details of the new “Fasttrack” process for the Tenancy Tribunal.

He said it would start on February 1 and would reduce the time it took to resolve the rent arrears disputes that made up 76% of the 43,000 applications received by the Tenancy Tribunal each year.

"Fasttrack will allow landlords and tenants who have made a sustainable agreement about repayment of debt to have their agreement formalised by a confirmation conversation rather than a full mediation.

"The time taken to resolve Fasttrack applications was cut from 12 days to just 48 hours on average during a successful pilot late last year with three of the highest volume Tribunal service users."

Housing New Zealand makes nearly 9000 rent arrears-related applications every year.  Housing NZ said it would save thousands of hours in staff time and reduce caseloads.

Smith said it would eventually be available to all landlords and tenants.

"Fasttrack will be rolled out nationally in a staged process. Once fully implemented, there will be widespread benefits for tenants and landlords from a more efficient and effective tenancy dispute resolution process."

Tenants’ rights groups were concerned that it might not give tenants enough time to dispute issues. But landlords and property managers involved in the pilot said it saved time on scheduling, paperwork and phone conversations.

The length of time it takes to get a matter heard by the Tenancy Tribunal has been a bugbear of landlords for some years.

NZ Property Investors Federation president Andrew King said it was a big issue. He said both landlords and tenants tended to report that the Tenancy Tribunal had favoured the other side.

Comments

No comments yet

Most Read

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.29
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
ICBC 4.85
TSB Special 4.89
Kiwibank Special 4.89
ASB Bank 4.89
Westpac Special 4.89
BNZ - Std 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
ICBC 4.95
SBS Bank Special 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
Kainga Ora 4.95
Westpac Special 4.95
AIA - Go Home Loans 4.95
SBS Bank Special 5.39
Westpac Special 5.39
ICBC 5.39
Co-operative Bank - Owner Occ 5.59
BNZ - Std 5.59
BNZ - Classic 5.59
AIA - Go Home Loans 5.59
ASB Bank 5.59
Kainga Ora 5.69
Kiwibank Special 5.79
ANZ 5.79
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
ASB Bank 6.44

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.