Renting is a reality for more than a million New Zealanders – we need new, modern laws that recognise that renters aren’t second-class citizens, and which will allow families to put down roots in their communities.
This Bill will:
- Remove the obligation on tenants to pay leasing fees
- Set a default of three years for fixed-term tenancies on the standard tenancy form, while maintaining the provision for both parties to opt out and set the term of their choice
- Remove the ability of landlords to give a reduced notice period of 42 days in the event that they decide to sell their tenanted property, and restore the standard 90-day notice period
- Limit rent increases to no more than once a year, regardless of tenancy type or term
- Require that the formula for calculating any future rent increase be included in tenancy agreement forms
- Allow tenants right of renewal on rental agreements
Why are long-term tenancies better?
Long-term tenancies enable people to put down roots in a community, safe in the knowledge that they won’t be forced to look for a new place to live sometime soon. Multiple-year tenancies are particularly helpful for families – it means kids do better at school, parents have better job security and stronger community ties are built.
Do other countries have different tenancy laws to New Zealand?
Tenancy laws are different around the world. Some countries, particularly in Europe, have well-developed rental cultures where long-term tenancies in high-quality, warm homes are the norm. This Bill seeks to find the best solution for New Zealanders and New Zealand-built houses.