Are your Property Investments in Old Homes?
If you’re an existing property investor managing old homes, you’ll be faced with expensive ongoing maintenance, possible tenancy problems and costs resulting from the new Healthy Home Standards – issues that can be avoided with new home investment.
New Healthy Homes Standards Announced
The Healthy Homes Standards for rental properties have been announced. The standards set minimum requirements for heating, insulation, ventilation, moisture and drainage, as well as rules to stop draughts, in all residential rental properties across the country. If you have investments in older homes, this will mean you’ll have to spend significant amounts to meet the standards.
Converting your Investment to New Homes
Now is the right time to consider consolidating your property portfolio and converting your investment into new-build homes. To discuss your options, call Andrew on 027 220 6558 today.