Rent, buy or move?
Compare renting with buying, check a rent rise and work out the dates for ending a tenancy. Plain answers, free to use.
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Good to know
A landlord must give at least 60 days written notice of a rent increase. Boarding house tenants must get 28 days.
Source: Tenancy ServicesRent cannot go up within 12 months of the tenancy starting or the last increase. The law sets no cap on the amount.
Source: Tenancy ServicesA general bond can be no more than four weeks rent. At $500 a week, that is $2,000.
Source: Tenancy ServicesYour landlord must lodge your bond with Tenancy Services. You should get it all back if you pay rent, leave the place well kept and owe nothing.
Source: Tenancy ServicesA landlord can end a periodic tenancy with 90 days written notice without giving a reason, as long as it is not retaliation.
Source: Tenancy ServicesNotice can be 42 days if the owner or their family needs the home as a main residence, or it has sold with vacant possession.
Source: Tenancy ServicesA tenant ending a periodic tenancy gives at least 21 days written notice, unless the landlord agrees to less in writing.
Source: Tenancy ServicesRentals must meet standards for heating, insulation, ventilation, moisture and drainage, and draught stopping.
Source: Tenancy ServicesYou can withdraw KiwiSaver savings for a first home after three years in the scheme, but $1,000 must stay in the account.
Source: Inland RevenueKāinga Ora no longer takes new First Home Grant applications. The First Home Loan continues.
Source: Ministry of Housing and Urban DevelopmentMore sections
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