It could. Housing Minister Phil Twyford said in a statement to Tenancy.co.nz that “The Government will consider the future of the Residential Tenancies Amendment Bill (No 2). No timeframe has yet been decided.”
With value increases tailing off, for investors it’s the year to focus on yield – and opportunities will be numerous despite the headwind of regulatory change.
Failure to install smoke alarms in his “ramshackle” rental property has left an Auckland landlord with a $2000 fine – and MBIE warning landlords not to overlook their obligations.
The Reserve Bank is undertaking a modest easing of the LVR restrictions.
In addition to providing professional advice on how the market is performing, managing repairs and maintenance and collecting rental payments, your property manager also provides expert guidance in tenant selection.
As the year draws to a close it is a good time to re-think and refine your role as a landlord and set your resolutions for 2018.
Renting a property shouldn’t break your bank. With these tips below, you can find a property that suits your lifestyle and budget needs.
Will you be moving into a new rental property in 2018? LJ Hooker has prepared a guide for tenants wanting to make a smooth move.