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20 Apr 2024 5:01
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  •   Home > News > Politics

    Real estate giant Barfoot & Thompson has hiked some tenant change fees by more than 140 percent

    Real estate giant Barfoot & Thompson has hiked some tenant change fees by more than 140 percent


    The fee is levied on renters when they decide to bring a new flatmate into the property.

    Spokesperson Samantha Arnold says the fee is an "industry standard" to meet the cost of occupancy changes.

    She says it's not simply a case of filling in a form - they have to treat it as the end of a tenancy, and the beginning of a new legal agreement.

    Earlier this year an Auckland lawyer warned renters to look out for questionable property management fees - amid fears the charges would be used as a loophole to avoid the new ban on letting fees.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
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     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
     18 Apr: German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling
     18 Apr: Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review
     18 Apr: Britain's foreign minister David Cameron says Israel has decided to retaliate against Iran
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