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Waikato Business News January/February 2021

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

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FROM THE GROUND UP<br />

WAIKATO BUSINESS NEWS <strong>January</strong>/<strong>February</strong> <strong>2021</strong><br />

Managing the move to<br />

new rental legislation?<br />

With the new Residential Tenancies Amendment Act and the<br />

Healthy Homes standards on the table, the focus is on landlords<br />

who manage their own properties to polish up their compliance<br />

and make the transition clean, warm and dry for everyone<br />

involved.<br />

Property investment<br />

comes hand-in-hand<br />

with regular legislation<br />

changes.<br />

It wasn’t too long ago that<br />

insulation was the hot topic,<br />

so with ceiling and underfloor<br />

insulation compulsory in<br />

all rentals since 2019, that’s<br />

one Healthy Homes standard<br />

you’ll have already met.<br />

Other upgrades to heating,<br />

ventilation and drainage<br />

require a quick turnaround<br />

and carry a cost of time and<br />

energy to be paid before<br />

July. But each new standard<br />

will turn your property<br />

into a great investment for<br />

years to come.<br />

There’s also the benefit<br />

that rentals ticking the ‘warm,<br />

dry and clean’ boxes generate<br />

quality tenancy applications.<br />

Additionally, the Residential<br />

Tenancies Amendment<br />

Act arrives on the industry’s<br />

doorstep in <strong>February</strong> with<br />

140 new amendments.<br />

The new reforms will<br />

change the game of property<br />

management, from payments<br />

to tenancy agreements, types<br />

and terminations.<br />

So, whether you’re tight<br />

on time to upgrade your<br />

rental, unsure about your next<br />

steps or haven’t yet wrapped<br />

your head around the regulations,<br />

it’s time to talk to your<br />

resident experts.<br />

The Property Management<br />

team at Lodge have had<br />

training in, and are up-tospeed<br />

with all of the new<br />

rental laws.<br />

They can guide you<br />

through your obligations<br />

under the new regulations.<br />

Better yet, they can take<br />

on your obligations so you<br />

can free your time from compliance<br />

concerns and confidently<br />

spend your energy<br />

on new investments for<br />

your portfolio.<br />

From managing renovations<br />

to meet the Healthy<br />

Homes standards to securing<br />

the right tenant for your<br />

property and protecting<br />

your investment, it all starts<br />

from a single conversation<br />

with Lodge.<br />

- Supplied copy<br />

Jason Waugh, General Manager<br />

Lodge Rentals<br />

Know how to match the<br />

right tenants with the<br />

right house? We do.<br />

Call Nic<br />

021 536 435

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