Landlords say Tenancy law reforms heading in right direction

The NZPIF responds to the announcements made by the Minister of Building and Construction at the annual NZPIF Conference on 21 October.
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Rescuer pushes alarms

The man who tried to rescue a girl killed in a Papatoetoe house fire two months ago has launched a petition for all rental homes to be fitted with smoke alarms.
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Mortgage decisions held off due to election

Hurricane Katrina and its lasting inflationary impact on world and New Zealand financial markets is the key concern presently, against a backdrop of the spring mortgage campaign season getting underway.
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List bad landlords, says good tenant

As the private landlord of an apartment, he says tenants have let him down many times, scarpering without paying rent, leaving him feeling powerless.
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Don't buy coffee and cars if you want a house

Following a report on falling rates of home ownership, Andrew King, Vice President of the NZ Property Investors' Federation, said people on $70,000 a year had to look at their other spending if they can't buy a house.
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State prop-up for housing market counterproductive in long run

The Salvation Army represents low-income New Zealanders and obviously has their interests at heart with its suggestion that the Government increase its spending on housing for low-income earners and beneficiaries.
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United exceeds 100%

While mortgages covering 100% of a house’s purchase price are in fashion, particularly given the government’s desire to increase home ownership, one lender is now offering loans covering 102.5% of the purchase price.
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More long-term home loan rates fall

A stand-off is developing between the Reserve Bank and the markets. The bank wants to keep rates up, however they continue to fall.
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Minister must close Housing NZ loophole

“The Housing NZ loophole which has allowed some state house tenants to profiteer off the goodwill of the taxpayer must be closed down,” says National Party Housing spokesman Phil Heatley.
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Kiwibank posts profit and grows mortgage market share

As well as reaching a key milestone in announcing its maiden profit, Kiwibank is continuing to increase its share of the mortgage market, although its book is still relatively tiny.
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Opposition woos nervous landlords

ACT and National say Labour has an anti-landlord policy which includes 'warrant of fitness' checks on rental properties and plans to give problem tenants free legal representation but deny it to landlords.
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Meaningless to estimate number of leaky homes, MPs told

Estimating the number of leaky homes and how it would take to resolve claims would be meaningless, Department of Building and Housing chief executive Katrina Bach said yesterday.
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Long wait for rate cut

Home Loan report: Borrowers waiting out for a fall in home loan rates remain out of luck at the moment as the only movement is upwards.
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Residential building consents back on the rise

Dwelling unit approvals look to be trending back upwards in a move that could add to pressure on the Reserve Bank to lift interest rates at its review next Thursday.
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Landlords react to compulsory insulation

Responding to the Government's energy efficient plans announced yesterday, the NZ Property Investors' Federation (NZPIF) President Martin Evans said the Federation was opposed to any measures to make its members compulsorily insulate their homes.
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The ruling body

Rounding off our series on buying apartments, Catherine Smith takes an in-depth look at body corporates - which make the rules that apartment-dwellers live by.
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Address to Wellington Property Investors

The following are the key elements of the address to Wellington Property Investors Association by the Hon Micheal Cullen.
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Loan Market looks to 'life' for growth

Loan Market mortgage brokers could be cross-selling up to 70% of their lending clients into insurance products, according to the group's CEO, John Tanner.
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Tenants' millions unclaimed

More than $5 million in unclaimed bond money is waiting for tenants to collect.
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Extra cash for housing and first-home buyers

More money for state houses, an expanded leaky homes advisory service and more bridging finance to help poorer first-home buyers were some of the carrots dished out to the housing sector.
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Eyes turn to RBNZ announcement

Fixed term rates have edged higher still over the last week, even though the expected Reserve Bank official cash rate increase is not due until Thursday.
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Home loan changes muted in past week

All eyes this week are on the Reserve Bank’s monetary policy announcement on Thursday for its view on the economy – and more importantly when interest rates wills start falling.
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Northern Region Tenancy Services Report for June 2006

Information on the performance targets of Tenancy Services.
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Get your Rental Property insulated for less than half price!

The Energy Efficiency and Conservation Authority (EECA) is offering NZPIF members a 55% subsidy on a full house retrofit of insulation and other energy efficiency measures for any of your rental properties.
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Loan arrears increase

Loans underlying New Zealand residential mortgage-backed securities (RMBS) recorded a slight rise in arrears greater than 30 days over the March quarter.
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