Is there a 'war' on landlords?
As we head into an election year, opposition politicians say landlords are under attack by the Government. They claim there is a proposed 'war' against landlords which has resulted in higher rents for tenants and overregulation for landlords. The Governments Housing Minister is implementing a plan to change the upswing in construction of new homes, claiming this will help keep rental inflation down. (Source: Stuff.co.nz)
Things investors should ask themselves before becoming a landlord
Real estate agency Barfoot & Thompson, which sells about a third of Auckland homes, has outlined six questions investors should ask themselves before becoming landlords. With the phasing in of higher interest rates due to changes in interest deductibility, there are still positives for investors looking to become landlords, such as cheaper property prices and more properties for sale. This provides new Investors an opportunity to find a property that fits their criteria. (Source: Landlord.co.nz)
Tenancy Tribunal orders Jewellery business owner and son to pay $27,000
Tenants who entered into an agreement to buy a Pt Chevalier property in April 2022 agreed to rent the property leading up to settlement. Shortly after commencing their tenancy, they raised claimed the property did not meet Healthy Homes standards due to water ingress and a lack of insulation. At the Tribunal hearing it was found that the tenants submitted false invoices from tradespeople as evidence. (Source: Rnz.co.nz)
Rental inspection finds “drug growing room” inside
A landlord has found that a room in his property was full of squatters and drugs during a routine rental inspection. The Tenancy Tribunal heard the property was in a “damaged and filthy condition” with a “a number of unknown people” living in the property. According to the Tribunal decision, the squatters admitted the tenant had abandoned the property and was living in Mexico, which was confirmed by police. (Source: Stuff.co.nz)
Load Tenancy Tribunal orders online
You can add ‘good’ and ‘bad’ tenants on our national tenant database using our lodgement system. This includes Tenancy Tribunal orders which can be done online directly by using the 'Lodge' menu.
Alternatively, you can find the 'Lodge' button under the My Account > My Tenant Checks menu for each tenant you have previously checked. If you make your lodgements from there, illion Tenancy will automate most details into the lodgement form making for a more streamlined lodgement process. This is an efficient way to be awarded account credits and reduce your tenant checking costs, all while warning other property managers and landlords of tenants who have attended the Tenancy Tribunal.