Blog | Quinovic

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Property and policy updates

The Tenancy Tribunal has generally accepted 15 micrograms per 100cm2 as the minimum standard for meth contamination in rental properties, in line with the level proposed in the Gluckman report released on May 28 this year. Tribunal Chief Adjudicator Melissa Poole said the new level would apply as long as the meth test was done after the report was released.

Reform of the Residential Tenancies Act 1986 (RTA)

Public submissions on the reform of the RTA closed on 21 October and Quinovic Group Office, along with a number of its franchisees, have made submissions. The review is designed to ensure that the law governing New Zealand’s rental market strikes an appropriate balance between protecting a landlord’s interest in their property and ensuring tenants receive fair rights for the rent they are paying.

Healthy Homes Standards

Public submissions on Healthy Homes Standards closed on 20 October and Quinovic Group Office, along with a number of its franchises, have made submissions. The review sought feedback on proposed new standards for rental homes to make them warmer, drier and healthier.

Healthy Homes

Meanwhile, Housing Minister Phil Twyford has issued a consultation paper on minimum standards proposed under the Healthy Homes Guarantee Act, which the Government says must be in place by July 1 next year.

Tax report looks at housing effects

An interim report released on September 20 by the Tax Working Group says some features of the tax system – such as the inconsistent treatment of capital income – have probably exacerbated the house price cycle even if the tax system is not the primary cause of unaffordable housing.

Have your say on tenancy regulations

Time is running out for landlords to provide feedback to the Government on two key issues that will have significant effects on the residential property rental sector.

Message from the Franchisor to All Owners

You may be aware of the recent articles in the media, which were the result of a non-authorised marketing campaign carried out by our Quinovic Te Aro franchise (formerly Quinovic Lambton Quay).

Tradies’ “know how” crucial for repairs

Our Quinovic property managers sometimes encounter landlords who are keen to use their own handymen for maintenance and other odd jobs on their properties, rather than those selected from our “official” suppliers list of tried and tested professional operators.

Renters staying longer as numbers increase

The latest Massey University Residential Market Report, released last month, shows a steady increase in the number of people renting, coupled with a decrease in vacancy rates and renters staying longer in the same property.

Selling? Beware LVR pitfalls

Reserve Bank loan to value ratio (LVR) rules can provide an unwelcome surprise for investors selling one or more properties from their investment portfolios.

Quinovic in Palmerston North

Quinovic is pleased to welcome Palmerston North as the latest addition to our residential property management network that delivers exceptional service around New Zealand.

Beware the bright line

The Inland Revenue Department has warned owners who try to avoid the new five-year residential property sales bright-line tax test that they do so at their peril.