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20 May 2024 11:37
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  •   Home > News > Business

    Demand for pet-friendly rentals are likely to rise with new changes to rental bonds

    Demand for pet-friendly rentals are likely to rise with new changes to rental bonds


    TradeMe
    TradeMe
    The Government's altering the Residential Tenancies Act to make it easier for pet-owning tenants, to find rental housing.

    It includes paying an extra bond of two weeks rent, to cover potential damage.

    TradeMe property sales director Gavin Lloyd, says Canterbury's got the most demand for pet-friendly rentals, making up more than 8-percent of all property searches.

    He says it gives landlords more confidence to offer pet-friendly, and he expects demand to rise once the legislation kicks in.

    © 2024 Newstalk ZB, NZCity

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