No winners from tenancy law tinkering
Labour Party leader Jacinda Ardern recently announced a package of rental policies aimed at boosting tenants’ rights.
The proposed policies include increasing landlord notice periods from 42 to 90 days, abolishing “no-cause’ tenancy terminations, limiting rental increases to once a year, and banning letting fees.
But industry commentators have zeroed in on the plan to remove the 90 day notice to end a tenancy with no cause as the most problematic of the proposals.
Tenancy.co.nz director Scotney Williams said that, from the little that is known about the proposal, it is a retrograde move and not a good idea.
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