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Legislation
David Faulkner
Rental Warrant of Flopness

First of all, let me start by stating that this is not an article beating up the people who have designed and implemented the Rental Warrant of Fitness. The intentions of these people are good and they are thinking of the most vulnerable of citizens within New Zealand. I also genuinely applaud the Wellington City Council for trying to get this off the ground. 

Rental Warrant of Flopness
Legislation
David Faulkner
Lets Ban This! The Letting Fee Gone If Labour ...

Who would have thought six weeks ago that we were facing the prospect of a change of government?

Lifeless Labour were limping to an election defeat with its worst poll rating in modern history and prospect of a Labour lead government seemed like a huge improbability. Then all of a sudden, Andrew Little resigns and Jacindamania was born

Lets Ban This! The Letting Fee Gone If Labour Win
Property Management
David Faulkner
Tragedy Highlights Risks In Property Management

I enjoy writing about the Property Management industry. It is an industry that I am extremely passionate about. Words normally come easy to me but the tragic circumstances around the shooting and killing of Property Managers Wendy and Natanya Campbell by tenant Quinn Patterson, left me feeling numb and struggling to find words.

A man has lost a wife and daughter, a community is in shock and our industry is struggling to understand how such a terrible incident could have happened.

However, as awful as the news was, I have to admit I was not entirely surprised.

Tragedy Highlights Risks In Property Management
Legislation, Property Management
David Faulkner
New Meth Standards Will Solve Nothing Until ...

Late last month the eagerly anticipated new standards around Methamphetamine contamination where released. This has come after a lengthy process which also involved a large amount of public submissions. Clearly, there is plenty of emotion that is involved around this hugely controversial topic. This was evident during the recent REINZ Seminar involving members of the panel that helped introduce the new standards. Included in the panel where Lisa Gerrard (REINZ), Darryl Thompson (Auckland Council), Miles Stratford (Meth Solutions) and lawyer Richard Hern.

New Meth Standards Will Solve Nothing Until Practice Notes Issued
David Faulkner
Remove The Letting Fee At Your Peril
  • Report warns of job losses and costs for long term tenants increasing if letting fee is scrapped in the UK
  • New Zealand cannot ignore report as 'Crowd Pleasing' do-gooders push for reforms
  • Time to penalise tenants for late payment fees

A report recently published in the United Kingdom around the impact of scrapping the letting and how it will affect the Property Management industry has raised alarm bells. The ARLA Propertymark report warns that long term loyal tenants will be forced to pay more and potentially 16,000 jobs in the UK will be put at risk as around 20% of revenue will be lost. 

Remove The Letting Fee At Your Peril

David Faulkner

Remove The Letting Fee At Your Peril

Remove The Letting Fee At Your Peril
  • Report warns of job losses and costs for long term tenants increasing if letting fee is scrapped in the UK
  • New Zealand cannot ignore report as 'Crowd Pleasing' do-gooders push for reforms
  • Time to penalise tenants for late payment fees

A report recently published in the United Kingdom around the impact of scrapping the letting and how it will affect the Property Management industry has raised alarm bells. The ARLA Propertymark report warns that long term loyal tenants will be forced to pay more and potentially 16,000 jobs in the UK will be put at risk as around 20% of revenue will be lost. 

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Insurance Giant Take Firm Stance on Meth

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Insurance Giant Take Firm Stance on Meth

  • Over 220 Meth-Tribunal cases heard in 2016

  • IAG state total claims to be approximately $14 million in the last 12 months

IAG, one of New Zealand's leading insurance providers has drawn a line in the sand with regards to claims around Meth-contaminated properties and in our opinion, it leads us a step closer to compulsory Meth Testing for all residential rental properties in New Zealand.

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The Landlord Strikes Back

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The Landlord Strikes Back

Saying 'it was an accident' may no longer save tenants after a groundbreaking appeal decision went in the favour of a landlord. The Osaki case has caused many a headache for Property Managers and Landlords, but after this decision we may see some light at the end of the tunnel.

2017: More Properties Managed By Less Companies

2017: More Properties Managed By Less Companies
  • Prediction that more landlords will turn to Property Managers but more companies will sell as compliance costs hit hard
  • Regulation of the Property Management industry a necessity but will anyone listen? 

As we return to work from our Christmas and New Year break, many of us will be wondering what will lie ahead for us in 2017. 

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2016: The Year the Landlord Got Screwed

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2016: The Year the Landlord Got Screwed
  • Methamphetamine and the Osaki Case dominate the year
  • Increase costs and landlords selling puts a further squeeze on rents

As this turbulent year ends, we will look at some of the key events that have changed our industry and two issues stick out like a sore thumb, much to the detriment of the landlord. Methamphetamine and the Osaki Tribunal Case.

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