APIA Blog

RSS Feed

{{name}} - APIA Auckland Property Investors

Kelvin Davidson: There’s never a dull moment in the property market

Over the past month the property market has remained at the forefront of news headlines, so here’s an important reminder of recent key points: Property values are still rising rapidly – in May they were more than 20% higher than a year ago (on the CoreLogic House Price Index) However, there are hints that sales volumes are starting to cool, due to previous measures s...
read more
{{name}} - APIA Auckland Property Investors

Affidavits and witness testimony necessary to substantiate an anti-social behaviour claim

RE early termination for severe hardship on account of the tenant’s persistent anti-social behaviour Landlords should not presume to be able to rely on letters or unsworn statements to substantiate an anti-social claim. Background in brief The tenancy in question is a single occupant fixed term tenancy at an Auckland CBD apartment. The building is controlled by a body corporate and employ...
read more
{{name}} - APIA Auckland Property Investors

You are about to be robbed. Put a stop to it.

After failing to pass The Residential Tenancies Amendment Bill through the standard legislative process, Hon Chris Hipkins, Leader of the House, made the extraordinary announcement last week that he would move to pass this bill into law under urgency on Tuesday 4th August just before the 52nd Parliament dissolves. This is a widely unpopular bill. 82% of New Zealanders opposes its sig...
read more
{{name}} - APIA Auckland Property Investors

218-1 Delayed: A stay, not a pardon

An update on 218-1 The Residential Tenancies Amendment Bill: the deadline for the Social Services and Community Select Committee to report back to Parliament has been pushed out from late June to 13th July. We look at what this means for landlords and where to from here in terms of our collective lobbying efforts. Background On the first week of the lockdown, the Ministry of ...
read more
{{name}} - APIA Auckland Property Investors

COVID-19 termination rules recap & a reminder for would-be vendors

As investors grapple with the economic effects of COVID-19, some may consider deleveraging by selling off a few under-performing properties. If these properties have tenants in situ then it is advisable for would-be vendors to be well aware of the new tenancy termination rules and plan well in advance. Tenancy termination during COVID-19 We specifically refer to the rules und...
read more
{{name}} - APIA Auckland Property Investors

Say NO! to 218-1

218-1 The Residential Tenancies Amendment Bill proposes to introduce sweeping changes that will, in our view, significantly impact the business of landlording. In fact, according to the REINZ, 82% of New Zealanders oppose the Bill's signature proposal to abolish the landlord's ability to terminate a tenancy with a 90-day notice. The public has until 25th of March 2020 to submit again...
read more
{{name}} - APIA Auckland Property Investors

Associated person - there is no there there

Some concerns have been raised about the application of the associated person rule (APR) vis-à-vis 218-1’s infringement offence regime. More specifically, how the rule interacts with the two-tiered penalty system that fines landlords with 6 or more tenancies twice the amount of what it would a landlord with 5 or less. We are aware of some interpretations out there suggesting that...
read more
{{name}} - APIA Auckland Property Investors

PSA: 218-1 is a bad bill!

The verdicts are in. 218-1 The Residential Tenancies Amendment Bill a bad piece of legislation and it is in dire need of being saved if it ever stands a chance at doing any good. The brief, the government intends for 218-1 to achieve the following objectives: Improve security of tenure; Empower tenants within their rented homes, the rental market and the rental system; and ...
read more
{{name}} - APIA Auckland Property Investors

Fact-checking 218-1

Every since 218-1 The Residential Tenancies Amendment Bill was released, there have been several statements made in an effort to summarise the effects of the Bill. Some statements are true, some are too broad-brush and should be qualified while others are entirely false. We've put together this quick fact-checker to held landlords understand 218-1 better: On the effects of the Bill ...
read more
{{name}} - APIA Auckland Property Investors

218-1 is a bad bill. Faleshood not needed here.

Background By now we expect 218-1 The Residential Tenancies Amendment Bill to be fairly bedded in. You’ve got to be living under a rock to not know about it. Information about the Bill is readily available. No major surprises there. Commentaries as to its effects is another story altogether. Some are logical, matter of fact and should go without saying (e.g. you can’t advertise a rental ...
read more

Recent Posts


Tags

management property election 2017 housing bubble sale and purchas structure HSWA first home buying water bill TCIT Standards New Zealand anti-social behaviour building Must knows banking negotiation damage wins travel bubble barfoot and thompson rent control Question and answer meth contamination smoke alarm winz lvr personal growth re agent bond covid-19 rental wof quiet enjoyment relationship ird meth housing affordability nzpif letting property cycle unitary plan tenancy tribunal mindset Editor's Choice shower dome tenant financial advisers act Landlording heating renovation house prices Property (Relationships) Act rent increase rental market Tribunal case study trust HHS partners productivity television equity legal cost HHGA airbnb extractor fan insurance clnz fixed-term tenancy Holler RTAA 2019 off the plan apia buying Jeff Bezos tenancy issues Kris Pedersen Mortgages and Insurance scotney williams termination p lab debt enforcement retaliatory notice rta reform wealth creation cgt CCC sale and purchase LIM worksafe sublease interest only Zodiak Management gluckman report capital gain investor finance landlord business warren buffett interest rates subdivision insulation buying rules Investor story privacy auckland council will income twg report skill shortage Guest blog beginner investor rent arrears housing package positive cash flow ocr opes partners speculator initio shortland chartered accountants debt to income trademe Gluckman tax parry v inglis warm up new zealand bankruptcy inspection bad tenant robert kiyosaki RBNZ investment strategy trespass kiwibuild advice holiday house return development tenancy services maintenance short-term rental letting fee Market report heat pump brightline market anz rta interest deductibility yield ventilation DTI ring-fencing short term rental asbestos market rent rent ask an expert buyer's agent boarding house data security property apprentice khh property value property management cash-flow cat CoreLogic auckland Level 4 election2020 early termination reserve bank Must know heater rtaa2020 Sponsored post watercare Q&A mortgage legal How to interest limitation Investment tip recycling equity government minor dwelling Case study bond form principal and interest daikin education property maintenance commerce commission

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo