Landlords stories
Despite years of innovation and positive changes in the way businesses take funds from their customers, managing payments can still be a headache.
HID Global, in partnership with IFSEC Global, recently released the 2022 State of Physical Access Control report for the fourth year running.
Slingshot partners with Open to offer insurance, energy, and telecoms on a single bill, providing convenience and discounts.
Dicker Data has announced it has entered into a conditional BSA to acquire the Security and Information Technology distribution division of Hills in Australia.
JB HI-FI and Harvey Norman show improved business performance in recent financial records, driven by the COVID-19 spending boom.
Higher interest rates and softer prices left apartment owners hardest hit, with a quarter of Q4 resales in loss and median losses at a decade high.
Weak market conditions and higher borrowing costs have driven mortgaged property investors to near-record lows, though cash buyers are still active.
Higher borrowing costs and recession fears are expected to keep New Zealand house values under pressure through 2023, QV says.
Rental shortages are forcing some first-home buyers to purchase sooner, as Waikato’s population growth and housing demand outstrip supply.
Higher mortgage rates and tighter lending rules have left New Zealand’s housing market weaker than expected, with sales at a 12-year low.
Poor handling of asbestos remains a deadly threat in ageing buildings, with WorkSafe warning around 220 New Zealanders die each year.
Further official rate rises are likely to keep mortgage costs high and delay any rebound in New Zealand’s housing market.
Affordable Southland is drawing first home buyers and investors, with Invercargill’s median house price hitting a record NZD $488,000 in August.
Tenants can keep choosing their own retailer as building owners and body corporates turn privately owned power lines into recurring income.
Higher inflation and 30-year-high interest rates are forcing landlords and tenants to renegotiate rent formulas as costs and vacancies diverge.
Owners of older bathroom heater units are being urged to check for plastic lamp holders, after a design fault was linked to fires.
Mortgage repayments now absorb nearly half of household income, as record house prices and weaker wages push affordability to fresh lows.
The planned lease rule changes could force costly disputes on struggling tenants and landlords, while favouring lawyers and large firms.
Property values rose 1.4% nationally in September, but activity is easing as tighter lending and higher rates weigh on buyers.
Higher mortgage costs are unlikely to deter first-time buyers while rents keep climbing and remain above many monthly loan repayments.
