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26 May 2019 16:55
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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.

    © 2019 Newstalk ZB, NZCity


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     25 May: British Prime Minister Theresa May says she's standing down after failing to negotiate Brexit deal
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