The Reserve Bank has today decided to remove mortgage loan-to-value ratio (LVR) restrictions for 12 months. The decision was made to ensure LVR restrictions didnâ€™t have an undue impact on borrowers or lenders as part of the mortgage deferral scheme implemented in response to the COVID-19 pandemic. 30-04-2020 more >>
A NZ Property Investors Federation (NZPIF) survey has found that rental property owners are affected by the Covid-19 situation just like tenants and other New Zealanders, said Sharon Cullwick, NZPIF Executive Officer. 29-04-2020 more >>
The NZ Property Investorsâ€™ Federation (NZPIF) is concerned that the Reserve Bank of NZ (RBNZ) and the trading banks are currently working against each other, says Sharon Cullwick, NZPIF Executive Officer. On the one hand the RBNZ is considering lifting the LVR restrictions to stimulate the economy and on the other the trading banks are testing borrowers on virus-constrained income and using high serviceability tests thus making the obtaining of loans more difficult and working against the RBNZ. 24-04-2020 more >>
21 April 2020
7pm for 7:30pm start
With an election looming later this year its a great time to put your questions to National party MP Hon Micheal Woodhouse (Dunedin North) and see where National sits with all the policy changes around landlording and housing that is happening under the Labour lead government currently.
Current National party housing spokes person Hon Judith Collins has also been invited and e are just waiting to confirm.
(Several Labour MPs were invited to come and speak to the OPIA at their convenience and no one has replied since October 2019) 21-04-2020 more >>
It is a welcome move that the Reserve Bank of New Zealand is beginning seven days of consultation regarding the possibility of lifting the loan to value ratio restrictions (LVR) says Sharon Cullwick, Executive Officer of the NZ Property Investorsâ€™ Federation (NZPIF) 21-04-2020 more >>
â€œDelaying this law until the 2021/22 year would help the 300,000 rental property owners who are expected to cushion their tenants financially without Government assistance during this Covid 19 lockdown says Sharon Cullwick, Executive Officer of the NZ Property Investorsâ€™ Federation (NZPIF). 20-04-2020 more >>
Verbal submissions were made today to the Social Services Select Committee looking into changes to the Residential Tenancies Act. A section of the Act gives tenants the right to perform up to eight significantly disruptive acts a year, and, as long as there are not more than two of these in any one three month period, it will not be until the end of that year that their landlord can apply to have their tenancy ended with three monthsâ€™ notice. 17-04-2020 more >>
7 April 2020
Come to a night of deals put on by our amazing sponsors Mitre10 Mega. They will have reps available to speak about all things healthy homes and get your rental ready for the new laws. Click the event to see the full advert. 07-04-2020 more >>
The NZ Property Investors Federation (NZPIF) has just organised the first in a series of surveys of rental property owners and property managers to see how they are being affected by the Covid - 19 lock down. 03-04-2020 more >>
Help us to find out what is actually happening for rental property providers by participating in our survey. It is very short and should only take a few minutes. You can complete it by clicking on the link below. 02-04-2020 more >>
Covid-19 relief package from the Government includes increasing the threshold from $500 to $5,000 which will determine which assets can be written off as expenses for the 2020/21 tax year. 01-04-2020 more >>