In our recent discussion with Sarina Gibbon, Head of the Auckland Property Investors Association, we delved into the latest changes to New Zealand’s tenancy laws. From the controversial 90-day no-fault termination notices to the introduction of pet bonds, Sarina breaks down what these updates mean for landlords.
In our recent discussion with Sarina Gibbon, Head of the Auckland Property Investors Association, we delved into the latest changes to New Zealand’s tenancy laws. From the controversial 90-day no-fault termination notices to the introduction of pet bonds, Sarina breaks down what these updates mean for landlords. These changes are set to significantly impact how property investors manage their rental properties in 2025, making it crucial to stay informed about the evolving rental landscape.
The rental market has undergone significant changes over the last few years. For property investors, staying informed about legal updates has never been more critical. Sarina explains the implications of these changes for landlords and why a proactive approach to property management is key.
One of the most significant changes introduced is the 90-day no-fault termination notice. This allows landlords to terminate a tenancy without providing a reason, as long as they follow the appropriate legal process. Sarina discusses how this change aims to provide greater flexibility for landlords while maintaining protections for tenants.
Another update impacting landlords is the introduction of pet bonds. While previously, landlords could only require a standard bond, pet owners can now be asked to pay an additional bond to cover potential damage caused by pets. Sarina walks us through the new regulations and how landlords should approach this new aspect of tenancy agreements.
Throughout the discussion, Sarina also addresses some of the common issues landlords face with property managers. She highlights the challenges of finding quality property managers who align with a landlord’s goals. With many property management companies focused on volume, it’s essential to be proactive in finding a team that provides transparency and exceptional service.
The changing rental landscape in New Zealand underscores the importance of continuous learning for landlords. Sarina stresses that property investment is no longer just a side hobby; it requires careful attention to legal changes and ongoing education to stay ahead of the curve. She encourages landlords to take the time to learn about the laws that govern their investments.
While there have been significant updates to tenancy laws, Sarina also shares her thoughts on what could be improved in the future. She calls for more regulation within the property management industry, as there is currently no governing body to set minimum standards or disciplinary processes for property managers. Sarina envisions a more transparent and accountable system where both landlords and tenants benefit from greater protection.
When asked about the current sentiment among property investors, Sarina notes a division. On one hand, some investors feel pessimistic about the market, particularly with falling property prices and rising interest rates. On the other hand, there are those who see this as an opportunity to find better deals, especially as some investors may be retreating from the market. As the landscape continues to evolve, Sarina emphasises the importance of staying informed and adaptable.
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