Results 1 to 6 of 6

Thread: Rental

  1. #1
    SteveyC's Avatar
    SteveyC is offline Right Royal Pain In The Posterior
    Join Date
    Feb 2005
    Location
    Wolverhampton
    Posts
    1,454

    Default Rental

    It's the plan to rent a place for the first 6 months til we put down some roots with job etc. Just checking that the systems pretty similar to UK in that you generally pay in advance with one months rent as deposit.
    Also are most rentals through agents or can you find out that mrs's jones daughter is renting a place on a private let down the road through word of mouth? If it's mostly agents do they need references and stuff cos we haven't rented for years.
    Thanks

  2. #2
    Taffy's Avatar
    Taffy is offline He who shall be ignored
    Join Date
    May 2004
    Location
    Hamilton, NZ
    Posts
    3,408
    Blog Entries
    5

    Default Rental

    Hi Steve,
    Renting is a little different from the UK. You have to pay a bond to an external agency who hold it, incase of any disputes come the end of the tenancy. The bond seems to be a figure plucked out of the air most times!

    Then, depending on the terms set by the landlord, you pay 1 or 2 weeks rent in advance (I've not seen anyone asking for more than this, but there may be some cases where they want more) and then pay your rent weekly.

    A great deal of people use agencies, but private lettings are also around. When going through an agent, you must also pay an agents fee, usually equivalent to 1 weeks rent.

    We didnt have any references to get our first place in Tauranga, but it wasnt a problem at all. And we used the estate agent for a reference for our place in Hamilton!

    Inspections can be as soon as 4 weeks (which is the minimum time between inspections allowed in the Tenancy Act), so far ours have been every 3 months though.
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  3. #3
    SteveyC's Avatar
    SteveyC is offline Right Royal Pain In The Posterior
    Join Date
    Feb 2005
    Location
    Wolverhampton
    Posts
    1,454

    Default Rental

    What was the bond you had to pay then if you don't mind me asking. Sounds pretty straight forward tho, it's not like it gonna be forever.

  4. #4
    Taffy's Avatar
    Taffy is offline He who shall be ignored
    Join Date
    May 2004
    Location
    Hamilton, NZ
    Posts
    3,408
    Blog Entries
    5

    Default Rental

    The place we had in Tauranga was $825, and this place we have now is $1000.

    Bonds vary quite a bit, depending on size of house, location etc. Expect to pay from $600 for reasonable up to $1500 for very nice!
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  5. #5
    SteveyC's Avatar
    SteveyC is offline Right Royal Pain In The Posterior
    Join Date
    Feb 2005
    Location
    Wolverhampton
    Posts
    1,454

    Default Rental

    Thats alright then, not too bad at all. Thanks chap

  6. #6
    cal
    cal is offline Member
    Join Date
    Oct 2004
    Posts
    35

    Default Rental

    Just a word to the wise....


    If you have dogs and are bringing them with you, do some groundwork first.

    There are very few rentals out here that accept pets... it's even harder here than in the UK.

    :icon_frown:

Similar Threads

  1. Arbitrage income from rental property
    By ExPat in forum Making The Move
    Replies: 6
    Last Post: 04-03-2006, 10:55 AM
  2. Rental Property Websites
    By ag28com in forum Locations / Properties
    Replies: 5
    Last Post: 15-11-2005, 02:59 PM
  3. Good accommodation rental agencies in Auckland
    By ajtraveller in forum Locations / Properties
    Replies: 0
    Last Post: 04-05-2005, 01:49 AM
  4. Car Rental Auckland
    By bikershaz in forum General NZ Chat
    Replies: 6
    Last Post: 22-04-2005, 06:00 AM
  5. Rental Properties
    By Taffy in forum Website Enhancements & Site Support
    Replies: 2
    Last Post: 29-08-2004, 11:53 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46