We strive to keep Wellington property owners up to date with the latest property information.

Here is another interesting Wellington real estate related news article that we thought may provide you with helpful information.


 

The Government’s Healthy Homes minimum standards will be law from 1 July 2019 – even though their final form won’t be released until later this week.

By Miriam Bell

Monday 13 May 2019

It was announced today that the final version of the standards have been approved and signed off by Cabinet and are now set to be gazetted.

Ministry of Housing and Urban Development deputy chief executive policy Jo Hughes says making sure all New Zealanders have warm, dry homes is a key focus for the Government and the Ministry.

“Finalising the standards is a significant milestone for the rental market.”

The new standards, which were first announced by Housing Minister Phil Twyford in February, set minimum requirements for heating, insulation, ventilation, moisture and drainage, and draught stopping in residential rental properties.

Private landlords will have two years to ensure their rental properties are compliant with the standards within 90 days of any new or renewed tenancy.

But all rental homes must fully comply with the healthy home standards by 2024.

Also, from 1 July 2020 landlords will have to include detailed information in new or renewed tenancy agreements about how their property meets the standards.

The standards mean that all rental properties will have to:

• Have a heater that can heat the main living area to 18˚C.
• Have ceiling and underfloor insulation that either meets the 2008 Building Code insulation standard, or (for existing ceiling insulation) has a minimum thickness of 120mm.
• Have extraction fans or rangehoods in kitchens and bathrooms to make them drier.
• Have a ground moisture barrier installed – if they have an enclosed subfloor space – to stop moisture rising into the property.
• Have adequate drainage and guttering to prevent water entering the property.
• Have draughts which make properties harder to heat blocked.

Many investors are wary of the standards as they are concerned about the costs involved with getting their rental properties up to the required levels of compliance.

The NZ Property Investors Federation has said………..

Continue reading this article at the original source from Landlords.co.nz

 

 

 

Own property in Wellington? Get our Free Halina Sells Houses e-Newsletter HERE