This statement is a declaration of the property's current level of compliance and does not mean that landlords need to have met the healthy homes standards by this date. However, from 1 July 2021 landlords must ensure their rental properties comply with all healthy homes standards within 90 days of any new or renewed tenancy. From 1 July 2024, all rental properties must comply with the healthy homes standards. Harcourts encourages landlords to meet the healthy homes standards by 1 July 2021 or risk tenants moving to warmer, drier homes and leaving the landlord with only 90 days to meet all standards. Landlords in this position are at risk of facing extended vacancy periods as they will be competing with properties that meet the standards.
REINZ is calling for an extension to the healthy homes deadline as there is a high likelihood the next deadline will be missed by a number of landlords due to COVID-19.
Bindi Norwell, Chief Executive at REINZ says: "Before the country went in lockdown on Thursday 26 March, landlords and property managers across the country were working hard to meet the 1 July deadline."
"However, since lockdown, landlords and property managers have been unable to access rental properties to allow qualified tradespeople to complete compliance statements. As inspections are required by either qualified tradespeople or people with 'sufficient, relevant experience' it now means there is a backlog of properties to be assessed and therefore, that Compliance Statements may be unable to be completed by the deadline causing delays to a tenancy commencing," she continues.
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This article is featured in Harcourts' Property Management Focus Newsletter Issue 5, 2020