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
The Summer Kiwi Quiz is back by popular demand
Grab a copy of your local Stuff newspaper between 1 Jan - 28 Jan and participate in the Summer Kiwi Quiz! Test your knowledge, answer the daily New Zealand based questions, and find out how well you know our beautiful country!
Each correct answer will get you one entry into the draw to WIN 1 of 5 Ooni Karu 2 Portable Pizza Oven bundles, valued at $1024! Each bundle includes: an Ooni Karu 2 Multi-Fuel Portable Pizza Oven, Ooni Karu 2 Carry Cover, Ooni 12" Perforated Peel, Ooni Digital Infrared Thermometer and an Ooni Cookbook: Cooking with Ooni. The more answers you enter correctly, the higher your chance of winning. For more information and to submit your answers, click here
The Team at Stuff
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Loading…