Top Tips To Beat The Competition For A Rental Property

When considering moving it is worth getting some basic knowledge of what is required. If you Google terms such as residential property lawyers, rental properties, rental property market news or conveyancing services, you will see lots of information about how the sales and rental markets work. This is useful even if you are renting and not buying a property as it shows you are fully aware of the process that takes place.

As you will be aware, the competition is fierce when it comes to rental properties so the above research will make sure that you are in a good starting position when it comes to being the chosen tenant for a property.

We will now also provide you with more hot tips to help convince NZ, and hard to convince Wellington rental managers, that you are the right tenant for your chosen property.

  •        Study the Ad

The first thing that you need to be sure of is that the property is what you are after and that it is in your price range. Use Google maps so that you can do is search of the property and the neighbourhood as this may highlight something that does not appeal to you which will prevent time wastage i.e. size of garden, house alarms in Wellington, proximity to the road etc. See if you can find out if the place offers body corp services as well. You’ll then need to find the property agent to proceed with the following steps.

  •        Your Application

You need to make sure that your application is solid if you want to secure the tenancy. An idea would be to add a personal touch and go above and beyond when mentioning details. Aside of providing previous rental history and employment details you could also include a covering letter and a photograph. Additionally, send an individual email to the Hawke’s Bay property management team, or wherever you’re searching, to help you to stand out from everyone else. Finally pay attention to spelling or handwriting where it is relevant.

  •        Credit Checking

Be prepared to be credit checked. If you decide that you wish to withdraw your application then you need to let the agent know to avoid wasting time and costs.

  •        Rental Resume

This is particularly important if you are looking to rent in an area where the competition is high. Have your rental resume to hand so that you can apply for the property straightaway. Your resume needs to include the following details:

–          Information about yourself

–          Your education

–          Your rental history

–          Your job/Salary

–          Anybody else that will be living with you

–          Contact details and References

If you have your resume printed and ready then you will show the landlord your interest and hopefully that will help to put to you at the top of the list.

  •        The Importance of Referees

Referees are very important. Try and obtain a reference from your employer as well as a previous landlord. Another option would be a reference from a person of good standing such as a doctor, teacher or a past estate agent that you have had dealings with. Make sure that you inform referees that they may receive a call.

  •        Punctuality

If you are that person who comes rushing in 10 minutes late, that is hardly going to make a good impression. The kind of impression that you are looking to make is one that is memorable. Try and be the first person waiting outside the property so that you are ready to greet the Cambridge real estate agent with a warm, friendly smile.

  •        Dress Appropriately

When you go to a rental inspection you need to make sure that you look your best. As much as we would like to believe that this is not relevant with regards to choosing a tenant, it makes perfect sense why a landlord would choose a presentable looking tenant as opposed to one who has not made any effort. By this we do not mean that you should not be yourself, but just think wisely about how you dress on the day. You need to dress neatly and not over the top and perhaps try and look professional in your dress sense.

  •        Honesty

It is not worth lying about anything such as, housemates, your salary or any pets. If you have a black mark on your resume then you need to be completely honest about it. No doubt a landlord will appreciate your honesty.

  •        Charm

Although you may find a rental inspection daunting, it really is the time to try and put your best foot forward. Speak to the agent and maybe even make general conversation such as how did they become an estate agent etc. At the end of the day people love to talk about themselves and if you take the time to listen it could favour your application.

  •        Desirability

Always highlight all the aspects that make you the tenant to choose. Try and mention things that show how capable you are of maintaining and improving the property such as, your love of gardening or any trade skills that you may have. Also, show your reliability and that you are good with money.

  •        Deposits

If a property has been approved it does not mean that the property will be held for you.  If you do not have your deposit or rental bond ready then, your application could be put aside and the agent could move on to the next application. To avoid this scenario, make sure that you do not delay payment of your deposit.

With all of the above in mind, you now need to step back and put yourself in the landlord’s shoes. Landlords want tenants who will pay the rent on time and look after their property. Make sure that you and your application comes across as the kind of tenant that you, as a landlord, would want in your property.

What You Need To Know About Property Investment

Property investment is always something that people get attracted to, whether it’s for your main residence or for financial reward, property investment has many positive and negative attributes to consider.

If you are buying your main residence you will be able to be run by your heart as you will want your home to feel like a home. If, however you are buying purely for investment, you will have to take a more level-headed approach, as often keeping the property simple in design is the best way to make sure your property appeals to more than one type of person. Try not be ruled by your heart and think that the property is to make money and not for you to live in. Let’s explore some of the areas that are worth mulling over before you decide.

Property Lawyers

NZ property lawyers are key to a successful purchase of your NZ property. They are vital in making sure that the transaction goes as smoothly as possible. Buying a property is the biggest purchase you will likely, so make sure you enlist the right type of legal representation. The role of a property lawyer is varied and they can be used in many aspects of the buying process. Property lawyers as well as NZ conveyancers will be able to help you with the negotiating process. They will also assist you with legal contract and ensure that all surveys are completed to a good standard.

Residential Property Management

If you are planning on buying a property for investment, then you may want to consider getting in a Wellington residential property management company to oversee the management of your property. This is a stress-free way of being able to use your property for income, whilst having the peace of mind of a property manager. A residential property manager will also deal with the maintenance of the property and ensure that any safety certification is up to date. They will also have access to trades people on a 24-hour basis. This will make the resident you have living at your property more at ease as they will have access to these services whenever they need them.

Sections for Sale

When buying property, you have to pay close attention to the location and the size that you are after. The location of a property for investment purposes can make a huge difference to the rental income. Picking the best location will help market the property which will ensure it is not left empty for long periods of time. For example, looking for sections for sale in Cambridge will fill up faster due to the market than other areas. Decide on the type of property you are wishing to buy. Are you planning on renting out for a short while, with the view that one day you will live there? Or is the property only for rental purposes?

Home Security Systems

When you purchase a property, whether it’s for an investment or residential reason, you will have to consider security. As buying a home is the largest purchase you will probably ever make, you want to make sure you have it properly secure. There are a number of home security systems in Wellington on the market that are worth thinking about:

  • Alarms

Alarms have been around for many years; they act a visible deterrent as a box is located on the front of house. An alarm can be linked to a police station for added security for a small fee. They are extremely useful for making an intruder think twice but their major drawback is that most people ignore alarms once they hear them going off. This is mainly due to alarms falsely triggering in the past.

  • Window locks

Fitting a window lock to all accessible windows is the best way to prevent unlawful entry to your property. Some insurance firms even give discounts if they are fitted and used. They are not unsightly, but they do offer great peace of mind. However, one issue that people don’t often like about window locks is having to find the key if you want to open them during the day.

  • Anti-snap locks

If your house has uPVC doors, they will often have the multi point shooting bolt system if you lift the lever up first. Once you lift the lever, you then lock the door in the normal way. The normal lock that is fitted can be upgraded to an anti-snap lock, which is harder for would-be thieves to get into.

  • Security lighting

Security lighting is probably one of the best security features that you can invest in. Lighting up dark areas of your property really puts off any burglars. The light emitted will not allow them any anonymity.

  • CCTV

Closed circuit television (CCTV) has started to become more popular in the residential market. With CCTV you have two simple options:

– Option 1- You can buy a dummy camera that flashes, giving the illusion it is a live camera. It’s a good deterrent but doesn’t have any capability of catching a would-be intruder. The advantage of these is that they are a low-cost option but only as a deterrent.

-Option 2 – Buying real CCTV is a very good option as you can keep a real eye on your property when you are away. Many systems can even record activity, so that if you have any issues the police and law enforcement officers have some information to help catch any perpetrators.

As you can see from the above protecting your home is big business, so it is worth seeking professional advice if you are unsure or having difficulty making your mind up.  

Rental Appraisals

Finally, once you have considered all the above, you now need to consider getting your tenants in the property. Property managers will have systems in place so they can check and vet a prospective tenant. They will be able credit check and get personal and work references to ensure that your tenant is someone that you want living in your home. They will also check your property to make sure it of rentable standard with a rental appraisal for Wellington.


Tips For Selling Property This Summer

Whether you have dreams of owning your own home or acquiring a property for investment purposes, there are many things that you will need to know to realise your real estate expectations. Buying a property is most likely to be the most expensive one-time purchase any of us will make in our lifetimes. It’s also a financial commitment which is usually long-term since some mortgages last up to 30 years. Even if you are lucky enough to already own a home, then you may be thinking of upgrading to a larger property. In this case, you will need to do your research carefully and decide what it is you are wanting in this transition from your present home to the new.

Factors of Selling

There are many factors which you need to consider, before you decide to put the property on the market.

  1. The first of these factors will be the market itself. Is this an appropriate time to sell in order realise the asking price? It may be, as is the case right now, that consumer confidence has dipped a little as well as availability of financing. Banks are not dishing out 100 percent loans to everyone anymore.
  2. Another factor to consider will be the time of year. If you are indeed wanting to sell your house during the summer months, it will be rather optimistic to expect a rush of prospective buyers in December or January as this is the time when most families are on their summer holidays. Even the clientele who are not sunning themselves on a beach somewhere, it’s not guaranteed they will want to be trawling around a stranger’s house with 3 small children attached as the mercury rises.
  3. That said, if you are selling in the summer, it will be important to source the right real estate agents to affect a reasonable chance of selling your property in a timely manner. Do some research as to their success factors and don’t just assume that the most expensive and plush offices are the best. Many times, you will find that a good real estate agent can be found online and are just as effective as walking into the high street. Also make sure you’re finding one that has expertise in your area, like a real estate agent in Cambridge who specialises in homes there.

Summer Selling

In terms of hoping to sell in the summer, there other aspects which you as a homeowner will need to consider. One of these is appearance. People tend to notice the scruffy driveways or uncut grass during the summer months as this is the time when people can linger outside without freezing to death. Be prepared, tidy up and trim what needs to be trimmed. Gardens are a huge focal point in any property and this in turn equates to a major selling point. Having a showcase garden with outdoor furniture on display will only heighten to add to the welcoming ambience.

Let them see that this is a place they can feel at home. This will also mean a lot of decluttering and making many of your personal items a little less visible. A potential buyer wants to be able to visualise and imagine it being their home. This will require the property to be somewhat neutral. If the paint on your walls leaves a lot to be desired, then go out and buy some inoffensive emulsion and start brushing!

A good point to note is that properties tend to sell for a higher asking price in the summer than they do in the winter. This should be kept in mind and further justifying the points above.

Option after Sale

Now say you are lucky and you manage to sell your home after the first handful of viewings. Great right? Well this is a fantastic result but what if you haven’t secured your next home or the home owners are not yet able to complete on the deal. A situation like this will potentially leave you without a roof over your head. However, there are options to consider if you ever find yourself in this predicament.

Firstly, there is the option of moving in with family members if you have a good enough relationship. No? Ok, well that leaves the next and probably more feasible option of sourcing a short-term rental property. This is clearly going to cost you money but not nearly as much as the cost for the same duration in a very average hotel room.

The best way to acquire a short-term rental property would be to approach your local Wellington rental property management company and peruse what’s available immediately. Most reputable landlords will hopefully use some form of rental property manager in Wellington whereby any deposit you put down will ultimately be safe. This mean that you will get it refunded to you at the end of agreement assuming there are no damages. Always make sure you take a couple of pictures of the state of the place before and after.

You should only really have to rent a property during the property transition phase as a last resort. It would be hoped that your property solicitor and the whole team of Auckland conveyancing lawyers in general have done their jobs efficiently to avoid this situation.

Even if you don’t have to move into temporary accommodation, during the transition phase, you will also want to try to avoid same day completions or completions on a Friday. The latter could potentially leave you with the problem of having to wait till the following Monday before any funds get released into your bank account.

Most property solicitors in Auckland and all over NZ will want to make sure everything runs as smoothly as possible and it’s important to maintain dialogue with them.

Other notes to think about

If you’ll be selling your property after you’ve already moved out, make sure you’re considering the safety of the property. Installing home alarms in Wellington is a good idea to prevent any damage or illegal activity on the property.

For investment property owners, especially those who own apartment buildings or townhouses, look into who you’re potentially selling to. You may need to sell specifically to a body corporate administration, depending on local legal and financial obligations.


In addition to all the above, one of the most important things is that you always try to stay calm and focused. Buying and selling homes are not the most pleasurable experiences in the world but with forward planning and patience, you will find that you can achieve what you want to achieve. Know your target market and choose your optimum time. This hopefully will mean you are clutching the keys to your new home before you know it.

Supply of Auckland rentals drops 35%

The number of rental properties coming on and off the Auckland market is down 35 per cent compared to December 2016 and rental prices in the region are up 3.9 per cent, according to the latest Trade Me Property Rental Index.