New government legislation requires all landlords to make a bigger investment upgrading rental properties. Here’s what you need to know.
Healthy Homes Standards
Through our own talks with Christchurch property managers, we’ve heard stories of tenants walking away from quality rentals because they didn’t have a heat pump. In fact, they are a ‘must have’ furnishing for many prospective tenants. With that in mind, adding a heat pump to your rental property can be a real asset.
Also included in the new healthy homes standards are minimum standards for underfloor and ceiling insulation, ventilation, moisture and drainage and draughts.
Rental Property Investments
Many studies prove there’s a connection between your health and the environment you live in. Cold, damp environments mean more health conditions. That’s going to impact on your tenant’s ability to go work and pay rent. It’s also going to take a toll on the quality of your investment.
A cold, damp, mouldy home is literally rotting from the inside out. How long will it take before carpet, curtains and plasterboard need replacing? When vinyl is peeling off the floor or walls, how long do you think tenants will stay? If the quality of your rental property is driving prospective tenants away, how much longer will you get a return on that investment?
Helping You Maintain Your Rental
We can take care of the heating part of the healthy homes standards so you can comply with the law. If you’re a Christchurch landlord or property manager, or if you’re looking after multiple properties, contact us today for a free, no obligation quote to make your rentals heating compliant.