A National government means changes to the private rental sector, as the National party pledged in April 2023 to revoke two of Labour’s controversial tenancy law changes; “National has already committed to restoring interest deductibility for rental properties and restoring the bright-line test to two years, down from 10 years under Labour.
*Today National is announcing that we will also reverse Labour’s removal of no-cause terminations, and the provisions which see fixedterm tenancies roll into periodic tenancies in most cases.”~ Chris Bishop, MP National.
*Extract from Article by Chris Bishop, MP National, published 27 April 2023.
Rest assured that your Harcourts property manager possesses the necessary skills and expertise to handle any upcoming or existing tenancy changes. We will ensure that you are well-informed about any legislative updates in a timely manner.
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