Rent increase changes for landlords
Hi everyone, Andrew from Personal Property Management with an update on the new law change that has happened this month.
The new law states:
Landlords cannot increase the rent within the first 12 months of the tenancy starting, and then only once every 12 months.
Previously you could do this every 6 months.
Currently, due to COVID we are still in the government's freeze of any rent increase, but that will finish on September 25th, 2020.
So, if you are wanting to increase the rent at your property you can serve your 60-day notice now as long as it has been 12 months or more since your tenants moved in or the last increase.
If anyone needs help with understanding the new law or with any rental inquiries please feel free to call me on 0274888933
Share your New Zealand music memories...
It's NZ Music Month and New Zealand really has some beautiful songs from artists that we call our own.
Whether it's April Sun in Cuba, Don't Forget your Roots, or How Bizarre or Bic Runga's 'Sway' - songs have a way of unlocking memories and evoking old feelings.
In honour of NZ Music Month, share a New Zealand song or artist that is special to you and explain why.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
Snap up a special NZ House & Garden deal this Mother’s Day
This Mother’s Day enjoy up to 32% off when you subscribe to NZ House & Garden magazine for 1 year PLUS go in the draw to win one of 90 Antipodes serums worth $56 each! This silky-light hyaluronic serum offers up to 72 hours’ hydration to quench skin and foster a fresh, dewy appearance.
Gift a subscription today at mags4gifts.co.nz and add a personalised e-card to your order to make your gift even more special. Offer ends at midnight on 19 May, so don’t miss out! T&Cs apply.
Riddle of the day...
I'm not alive but I have 5 fingers...
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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