Property Management

High rents the new normal

Wellington is on track to overtake Auckland as the most expensive region to rent in as median weekly rents continue to surge heading into summer.

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Defining “clean and tidy”

The issue of exactly how clean and tidy rental properties should be when tenants vacate has long been a battleground but a recent Tenancy Tribunal decision provides some guidance.

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Pre-summer pick up for rental market

The rental market is heating up for summer with both tenant demand and rents on the rise around the country, new Trade Me data suggests.

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Smaller properties, better rent growth

Two-bedroom properties and central city apartments are seeing the strongest growth in rents in the Auckland region, new Barfoot & Thompson data reveals.

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Strong meth suspicions call for testing

Panic around the meth contamination of rentals has diminished, but a Tenancy Tribunal decision reinforces that landlords still have an obligation to test properties when contamination is suspected.

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Surge in rental demand in Palmerston North

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.

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New ring-fencing rules in play

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.

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Bad behaviour behind most 90-day notices

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.

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Rents ramp up in Capital’s tight market

Limited supply and strong demand mean that Wellington rents are, once again, on a par with Auckland’s rents, according to Trade Me Property’s new rental data.

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Govt must regulate property managers - REINZ

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.

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The staggered rise of big city rents

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.

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Relationship break-up not cause to end tenancy, tribunal says

A tenant whose relationship broke up, leaving her struggling to pay the rent, should have seen the risk inherent in taking out a fixed-term tenancy, the Tenancy Tribunal has ruled.

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New privacy guidelines welcomed

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).

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Tribunal fines landlord for insulation fail

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.

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Pace of rent growth slows in Super City

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.

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