New Zealand’s Property Rental Market in 2024
2 December 2024
17 December 2024
Insights | News
As a landlord, you now have until 1 July 2025 to ensure your rental properties comply with New Zealand’s Healthy Homes Standards. This extension, introduced in response to COVID-19-related challenges such as supply chain disruptions and labor shortages, provides some breathing room—but time is of the essence.
The Healthy Homes Standards are designed to ensure rental properties are warm, dry, and safe for tenants by setting minimum requirements for heating, insulation, ventilation, moisture control, and drought stopping. Non-compliance can result in fines of up to $7,200 per breach, tenant dissatisfaction, and even repetitional damage.
While the extension offers more time, waiting to address compliance increases risks:
If your property has not been assessed for Healthy Homes Standards compliance, now is the time to act:
As experienced property managers, we are here to support you throughout the compliance process:
By acting now, you can safeguard your rental property against potential fines, enhance tenant satisfaction, and stay ahead of regulatory requirements. Contact us today to start your Healthy Homes Standards compliance journey—don’t wait until the deadline is near. Let’s work together to make your property a healthier and more attractive home for your tenants.
For more information, visit Tenancy Services or Ministry of Housing and Urban Development.