Landlords are now obligated to provide warmer, drier and safer homes for their tenants. Any new, replacement or top-up insulation installed after 1 July 2016 in a rental home must meet the regulations that will apply to all rental homes from 1 July 2019. A landlord who fails to comply with the regulations is committing […]
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Revenue Minister Stuart Nash confirmed that the election “promise” to extend the bright line test from 2 years ownership to 5 years will be enacted, effective for properties acquired after the date of Royal Assent. The intended purpose of extending the bright line test is to ‘dampen property speculation’ and make homes more affordable. The […]
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The Overseas Investment Amendment Bill banning foreigners from purchasing certain residential homes has now been introduced in New Zealand.
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Queenstown is a confident property market and investors are benefiting from extremely high rental occupancy levels and year-round tourism. Airport numbers have risen by more than 102 per cent in the last six years, the average median dwelling value in Queenstown jumped a third in a single year (2015-16), and the average house price has […]
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The sale of this lakefront land presents one of the most remarkable development opportunities to arise in Queenstown in recent years.
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Landlords should take out insurance on their rental property to cover against any damage and prepare for a range of possible scenarios.
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Meth contaminated properties have popped up a lot in the media over the last few years and, in June 2017, a new national standard came in to provide guidance on the testing and clean-up of methamphetamine in houses. Standards New Zealand manager Carmen Mak said it would make houses where meth had been found safer. […]
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Queenstown is no stranger to luxury property — it’s long been a magnet for the discerning property buyer who likes to live or holiday in paradise all year round. With world-class skiing, golf courses, boating and hiking on your doorstep as well as high-end restaurants, spas and shopping, Queenstown is one of the best places […]
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