Rent increase changes for landlords
Hi everyone, Andrew from Personal Property Management with an update on the new law change that has happened this month.
The new law states:
Landlords cannot increase the rent within the first 12 months of the tenancy starting, and then only once every 12 months.
Previously you could do this every 6 months.
Currently, due to COVID we are still in the government's freeze of any rent increase, but that will finish on September 25th, 2020.
So, if you are wanting to increase the rent at your property you can serve your 60-day notice now as long as it has been 12 months or more since your tenants moved in or the last increase.
If anyone needs help with understanding the new law or with any rental inquiries please feel free to call me on 0274888933
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Poll: Are you still heading to your local for your caffeine fix, or has the $$ changed your habits? ☕
Wellington’s identity is built on its cafe culture, but with costs climbing, that culture is under pressure. We’ve seen the headlines about recent closures, and it’s a tough pill to swallow along with a $6+ coffee.
We all want our favourite spots to stay open, but we also have to balance our own budgets ⚖️
We want to know: How are you handling the "coffee math" in 2026? Are you still heading to your local for a chat and a caffeine fix, or has the cost of living changed your habits?
Keen to read more about "coffee math"? The Post has you covered.
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44.7% I avoid spending money on coffee
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46.6% I still indulge at my local cafe
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8.7% Irrelevant - coffee is not for me
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