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Friday 22nd May
Hi
One of the biggest news items for property investors in the past week has been the return to Parliament of the Residential Tenancies Act.
We often call this the bible for property managers as it gives the rules for both landlords and tenants.
There have been some significant changes to what was proposed earlier this year and they appear (assuming they get through Parliament) to be a win for landlords.
We had a brief piece in last week's newsletter on the changes - unfortunately there were a couple of mistakes in that report. You can read more about the actual changes on Landlords today.
The theme of the week has been that there appears to be more good news for the market with strong immigration numbers and an economic indicator point to better times ahead for house prices.
Have a great weekend.
Warm regards
The Landlord
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L A T E S T H O T L I S T I N G
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| Home & Income and Potentially Subdividable |
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Mt Wellington: $567,000
Huge 4+ bedroom house and separate 2 bedroom unit. Currently fully rented for $800p/w ($550p/w for 4 bedroom house and $250p/w for 2 bedroom unit). Zoned for Resi6A which may allow for one dwelling per 375m2.
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Latest News
Indicator shows worst maybe over for housing market
The worst may be over for the housing market, according to the Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI). View More
Immigation pick up a plus for housing market
A rapid pick up in immigration numbers is being seen by many economists as a factor which will provide support to New Zealand's housing market. View More
RTA hitting Parliament with key changes
The new Residential Tenancies Amendment Bill (no 2) has been introduced into Parliament this week. View More
Ask an expert your question
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The latest QA's are:
 How can we get our tenant to pay on time?
How can I make mortgage payments tax deductable?
Can I claim my mortgage 'break fee' back?
Have you checked out our Ask an Expert archive yet?
Diary Events
Next week the Department of Building and Housing landlords 'Get it Right' Seminars continue in Nelson and Auckland.
Be sure to check out the details in our Diary page.
If you want your event to be listed please email info@landlords.co.nz
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