Your Local Property Managers Hamilton

🐶Pet Bonds🐶
The government is introducing Pet Bonds. What does this mean for tenants and landlords? The Facts:
📎 64% of Kiwi households have at least one fur baby.
📎 Before 2020, there were around 4.4 million fur babies in Kiwi households.
According to the latest Companion Animals New Zealand report, there were:
🐶 850,000 dogs,
🐱 1.2 million cats,
🐰 120,000 rabbits,
🐴 70,000 horses, and
🐟 1.37 million fish.
Currently, damage caused by pets is often not covered by landlord insurance. Relevant case law finds that the landlord accepts the potential risk when allowing pets into the property. This has resulted in the majority of rentals not being pet-friendly.
With the government rolling out a Pet Bond option for rental properties, they are acknowledging this gap in the market and legislating the risk imposed by allowing pets in a rental. It's kind of like your regular bond, but it's specifically there to cover any pet-related damage that's more than just the usual wear and tear. It is likely that this change will enable claims for pet damage that exceed the pet-only bond, further reducing the potential risk caused by allowing pets in rental properties.
From a tenant's perspective, I know many dog and cat owners who are the best tenants we have ever had. They are responsible and proud pet owners, and this is reflected in the care for their property. The ability to provide the owners with peace of mind that should Fido run through the glass door or dig under the house, it will be repaired by the tenant or suitable funds are available to fix the problem (although pet insurance helps with this and the vet bill too). It removes one element that often limits tenants from finding more suitable accommodation and having to choose between their two-legged or four-legged family.
We here at YLPM welcome this change and can’t wait to get into the nitty-gritty of the proposed amendment to make sure that the legislation protects the interests of all involved parties.

Now that the holidays are coming to an end, I thought it would be nice to introduce myself. I'm Casey, the Waikato Property Manager for Your Local Property Managers.
A little bit about myself:
- My background includes managing accommodation businesses (motels, backpackers etc.) throughout New Zealand.
- I try to support small - medium sized businesses as much as I can. I like to feel like more than just an order number. Which is why every client of mine is also treated as if they were my only client.

So if you're looking for a new Property Manager for any reason, feel free to get in touch.
You can contact me directly through this page or at [email protected].

Don't forget that from the 1st December 2020 a Healthy Homes Statement must be included in all new and renewed tenancies.

Tenancy Services - Compliance statement Landlords need to attach additional healthy homes statements to new, renewed or varied tenancy agreements from certain dates.

Do you have a property in the Waikato that you need help with? We offer full management services but are also here to assist you in everything rental property related so let us know if there is anything we can help with.

Did you know that our Hamilton Office is an extension of our existing business Your Local Property Managers in Taumarunui, giving us the ability to help with your properties in both the Waikato and Ruapehu :)

Government bans rental bidding, limits rent rises, and ends no-cause evictions with new rental laws Government bans rental bidding, limits rental rises, and ends no-cause terminations in urgent law change.

Your Local Property Managers are coming to Hamilton. Want to know more? Visit our website. We are a flat fee of 8.5% +GST.