New Zealand Landlords only have a year to comply with new insulation requirements for rented properties or face a fine of up to $4000.
The requirement to insulate ceiling and underfloor spaces of a rental home by 1 July 2019 is compulsory under the Residential Tenancies Act.
Many landlords wrongly think they can hold off complying with the Residential Tenancies Act (RTA) insulation regulations and wait for more regulations under the Healthy Homes Guarantee Act.
That is wrong. Landlords must still provide rental home insulation in the ceilings and underfloor by 1 July 2019 under the RTA.
Some landlords might have done the insulation themselves, but DIY may not cut it. The insulation must meet a certain standard, be installed correctly and meet fire safety and other regulations.
Professional insulation compaines offer a wide range of products and prices, but investors and homeowners need to look at the R-value (thermal resistance) of the product being used to ensure the quotes are comparable.
Landlords and homeowners who want to get insulation installed over the next 12 months could ﬁnd themselves paying higher prices and face lengthy installation delays . Don’t hesitate, get your insulation today.
How landlords can sort rental home insulation
- Insulation statements are compulsory with all new tenancy agreements.
- Insulation for ceiling and ﬂoors will be compulsory for all rental homes from 1 July 2019.
- Installations must comply with regulations and be safely installed.
- A landlord who fails to comply with the regulations is breaking the law and may be liable for a penalty of up to $4000.
- Tenants who have a problem with insulation must ﬁrst talk with their landlord.
- The Tenancy Tribunal can order landlords to comply with insulation regulations.