1 December 2018 Newsletter. - 1st Dec 2018

1 December 2018 Newsletter. Occupancy rate 98.23%   Arrears – 0.26% for November 2018
 
As this is our last Newsletter of 2018, I would like to take the time to acknowledge all our valuable clients whom many we have worked extremely closely with on refurbishment projects, large maintenance projects, insulation projects and those who have had tenants vacate. Your support in making the compliance legislation as smooth as possible means a great deal to our Property Managers. The relationships built over time are testament to the sound work our staff continue to administer to ensure your best interests are being catered too. Without a doubt it has been a testing past 12 months for property owners and Property Managers alike, as an over zealous Government have moved to implement change across a variety of criteria.

Grocery Vouchers
 
Thanks to those of you who have contacted Nicola to request grocery vouchers. It is still not too late  to acknowledge your tenants by way of grocery vouchers, either $50 and $100 New World   gift cards. Please email Nicola directly at nicola@havenpm.co.nz to nominate your preference by Friday 07/12/18. We have great tenants looking after your properties, so we are happy to co-ordinate this good-will gesture.
 
Rental Market
 
Despite Labours announcement that they ‘did not expect rents to rise’ with the abolishing of the Letting Fee, it is short sighted to believe that Landlords would ‘absorb’ the costs. There is no doubt about it, the costs associated with new legislation will be passed on to the tenants, directly through the increase in rental prices. We will see over the next 12 months a continuing of rental price increases as demand continues for good quality rental properties. David Faulkner of Real IQ addresses the issue.
 
Property rental listings in the Nelson Tasman region have dropped further approaching the Christmas New Year period, down from 101 to 78 across all dwellings. There are only 25 three bedroom properties, 23 two bedroom properties, 17 one bedroom and only 12 four bedroom properties available. This is resulting in large numbers of groups registering to view properties with many high quality tenants being identified.
 
The median rent received in Nelson/Tasman for the month ending October 2018 was $407.66, an increase of $8.04 per week from September. The average rental in Nelson Tasman has increased by 6.27% in the past 12 months. (NZ Property Investor)
Our occupancy levels are 100% for the month of October.
 
Meet the Team
Paul Meeson - Senior Property Manager

Paul and Haven Property Management are synonymous with experienced property management. Paul has forged a successful relationship management career through his ability to listen too and advise Landlords on all aspects of property investment. Starting his Property Management in England, Paul has an established client base, many who have been with him for many years.
An avid runner and administrator of athletics in Nelson, Paul has
an infinity with Crystal Palace in the EPL, for the meantime!!

New rates valuations
 
The Nelson City Council has released the new valuations for properties.  If you wish to check your current valuation please go to http://www.nelson.govt.nz/rates-search/
 
Rental Disbursement
 
The next rental disbursement will be on Monday 17th of December for mid-month payments and Thursday 3rd January 2019 for the end of the month payment and statement.
 
Emergency contact numbers
 
The offices of Haven Property Management will be closed from 2.00pm on the 24/12/18 and will re-open on Thursday 03/01/19 at 8.30am.
Should you have any emergencies that require urgent attention you can reach me Chris on 0272203326.
 
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From the team at have Property Management.

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