Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Changing Housing Market Demands More Stringent Tenant Checks

Media Release     3 February 2014

Changing Housing Market Demands More Stringent Tenant Checks

Make sure you don’t end up having a horse showering in your rental.

That from Landlord Assist Managing Director Kareena Lundy who says "the horse case" is one of the strangest she’s seen over the years and  as the rental market booms, checking prospective tenants is more important than ever. 

The 2013 census shows a 14 per cent increase from 2006 in the number of properties occupied by those who pay rent and this trend is expected to continue given the recent changes to new home loan regulations.

Landlord Assist was developed in late 2013 to help private landlords with tenant selection by providing information that property managers and private investigators use but at a fraction of the cost. Working with a legal team, Kareena has compiled a very comprehensive application form and this combined with reports - including credit checks - and data matching, ensures that the analysis of the application provides a true and accurate image of the potential tenant.

“People are so transient now that often traditional sources of information are no longer able to be used so by using six different reports and areas of enquiry, a better and more accurate picture of the applicants previous rental and financial history is possible. Often landlords just don’t have the time to order reports from multiple sources and then interpret  the information. Landlord Assist analyses the information and condenses it into a report which enables the landlord to decide whether the applicant would be the best possible fit for the property,” she says.

There have been several high profile cases where tenants have caused significant damage to a property often exacerbated by rent arrears. The most recent involved a Christchurch man who let his house while he worked in Ashburton and was left with thousands of dollars’ worth of damage and rent arrears.

“It is so important to get the right checks completed as it’s not just about protecting your asset from damage but you may find it difficult to move someone on when they are defaulting in their agreement with you.”

And what about that horse? Ms. Lundy says some years ago, she took over a tenancy from another management company and shortly afterwards a neighbour reported to her that a “small horse” appeared to be living in the house with the tenant. That turned out to be partially correct in that the tenant kept the miniature horse outside but would bring it in and take it up stairs to wash and groom it.

“I haven’t come across a case like that one again but you just never know, which is why we are encouraging people to make sure they dot their ‘i’s and cross their ‘t’s to reduce the risk of renting to tenants who may not be the best for their property.”  

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Hager Revelations: Inquiry Into NZSIS Release Of Goff Docs

The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, announced today that she would be instituting an inquiry concerning allegations that the New Zealand Security Intelligence Service (NZSIS) might have released official information to Mr Cameron Slater, regarding briefings provided to the then Leader of the Opposition, for political purposes...

“I am satisfied there is a sufficient public interest justifying the commencement of an own-motion inquiry into the substance of the issues raised with my Office,” said Ms Gwyn. More>>

Goff: Director’s Letter Contradicts Key’s Claims

At yesterday’s media standup, when asked on the topic John Key said ‘I wasn’t told’...
“In a letter dated November 2011 former SIS director Warren Tucker states three times that ‘in accordance with the usual practice of keeping the minister informed’ the Prime Minister had been told. More>>


 

Parliament Today:

Electionresults.co.nz: National and NZ First Rise in Roy Morgan Poll

National has bounced back in the latest Roy Morgan Poll but the big winner has been New Zealand First who rise to their highest level of support since September 2013. More>>

ALSO:

Fish Pun Warning: By Hoki! It’s Labour’s Fisheries Policy

A Labour Government will protect the iconic Kiwi tradition of fishing by improving access to the coast, protecting the rights of recreational fishers and reviewing snapper restrictions, Labour’s Fisheries spokesperson Damien O’Connor says. More>>

ALSO:

It's Official: Governor General Gives Direction To Conduct Election

The Governor General has signed the writ directing the Electoral Commission to conduct the General Election on 20 September 2014. This is the formal authority to run the 2014 election, and enables candidate nominations to open tomorrow Thursday 21 August 2014. More>>

Gordon Campbell: No More Mr Nice Guy

When future historians seek to identify the exact moment when the prime ministerial career of John Key hit the downward slope, they may well point to Key’s interview yesterday with Guyon Espiner on RNZ’s Morning Report. More>>

ALSO:

Dirty (Politics) Weekend: Collins’ Admission Reason For Key To Act

"Despite claiming that the evidence about her in Nicky Hager's book was ‘false’ Judith Collins has now been forced to admit that she did send information about a Ministerial Services staff member to Cameron Slater for him to use in a baseless smear campaign. More>>

ALSO:

Potential Disasters: Underground Coal Fire On Denniston Plateau

Forest & Bird says one or more coal fires have broken out beneath the Denniston Plateau, and that the Department of Conservation (DOC) must stop Bathurst Resources’ preparatory mining work going on there until the fire or fires are extinguished. More>>

ALSO:

Bikes: Nats Plan $100 Million For Urban Cycleways

Prime Minister John Key has today announced $100 million in new funding will be made available over the next four years to accelerate cycleways in urban centres. More>>

ALSO:

New Tax Bracket, Child Poverty Fund: Greens Launch Billion Dollar Plan To Reduce Child Poverty

The Green Party has launched a billion dollar package to significantly reduce child poverty in New Zealand. The details of the plan were released at the party’s campaign launch in Auckland. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news