Property Management

Wellington rents riding high

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.

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Fierce opposition to tenancy proposals

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.

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Landlords to bear letting fee costs

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

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Auckland yields improving

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

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Tight supply means rent rises

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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Don’t remove 90 day notice - NZPIF

If 90 day no cause termination notices are removed, the NZ Property Investors Federation says a “two strike” notice system should be adopted instead.

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Calls for property management regulation grow

The Government should regulate the property management sector as part of its current reform of the rental market, according to industry insiders.

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End is nigh for letting fees

Letting fees could be gone by Christmas if the Government adopts new Select Committee recommendations – but concerns that the move will lead to higher rents remain. More...

Summer rent rise starts early

Warnings of rent rises prompted by housing policy changes are rife but the latest Trade Me Property data shows rents are already hitting record highs. More...

Proposed Healthy Homes standards out

Landlords are one step closer to knowing the minimum standards their rental properties will have to meet with the release of the Government’s proposals for them. More...

Airbnb room rental is subletting

It has just got harder for tenants to justify renting out their accommodation on Airbnb – thanks to a new Tenancy Tribunal decision. More...

Balance needed in tenancy reforms

The Government’s planned tenancy law reforms could contribute to an exodus of landlords from the rental market and result in higher rents, critics are warning. More...

Tenancy law reform proposals announced

An overhaul of tenancy laws – which includes limiting rental increases, removing no-cause terminations and stopping rent “bidding”- has been proposed by the Government this morning. More...

Rents poised to skyrocket this summer

Auckland and Wellington rents have frozen over winter but Trade Me Property’s head expects them to surge once summer demand sets in. More...

Bond, insulation breaches prove costly

Neglecting to lodge tenancy bonds and insulation failures can end up being expensive for landlords as highlighted by a new Tenancy Tribunal decision. More...

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