Property Investment Information

The Government is about to overhaul laws governing the lives of more than one million tenants.

The previous Labour Government wanted to introduce pro-tenant provisions, but the new National-led Government plans to scrap the most contentious of these so the balance is more even, and to pass sweeping reforms. (more...)

Landlords have developed their own set of rules, barring them from renting dirty places, telling lies or making racist remarks to tenants.

The national landlord membership and lobby group, the Property Investors Federation, has released a guide which it wants members to show to tenants.

Federation vice-president Andrew King said most members were already following the code.

"There's nothing to stop members breaking it. We don't have any powers over them - that's the job of the Tenancy Tribunal and the courts. If we are aware of them not getting things right, then by keeping them as members we have a better chance of stopping them from getting into trouble.

"The code isn't to regulate them, it's to inspire professional and profitable behaviour and keep out of trouble." (more...)