In a significant development for New Zealand’s rental landscape, landlords are set to gain the authority to demand an extra bond from prospective tenants with pets, in addition to the existing bond of up to four weeks’ rent. The supplementary bond, which could amount to a maximum of two weeks’ rent, seeks to offset potential damages caused by pets beyond the bounds of “fair wear and tear”. Alongside this, tenants will bear full responsibility for any pet-related property damage, surpassing the limits of normal depreciation. Furthermore, tenants will henceforth require the landlord’s consent to own a pet, a discretion that may be withheld based on “reasonable grounds”.
This policy initiative, integral to the National/ACT coalition agreement, is slated to be incorporated into the Residential Tenancies Act alongside other proposed amendments announced last week. These legislative changes are scheduled for introduction to the House in May, marking a concerted effort to reform the rental sector.
Housing Minister Chris Bishop, flanked by Regulation Minister David Seymour and his dog, Ladyhawke, made the disclosure on the Parliament forecourt. Bishop underscored the significance of the move in expanding rental options for pet-owning tenants, emphasizing the pivotal role of pets within Kiwi households. Citing statistics indicating that a majority of New Zealand households own or aspire to own a pet, Bishop highlighted the necessity of facilitating pet-friendly rental accommodations.
“This initiative aims to foster a rental market that caters to the diverse needs of tenants, aligning with our broader objective of addressing New Zealand’s housing crisis,” remarked Bishop.
Echoing Bishop’s sentiments, Seymour emphasized the policy’s potential to alleviate tenants’ exclusion from rental markets due to landlords’ apprehensions about pet-related risks. Seymour envisaged that the prospect of an additional bond would incentivize more landlords to permit pets, thus expanding housing options for tenants and enhancing their quality of life.
Moreover, Seymour underscored the policy’s significance in assisting victims of domestic abuse, enabling them to transition to safe accommodations without relinquishing their cherished pets. By facilitating pet-friendly rentals, the initiative seeks to empower individuals to rebuild their lives and pursue a brighter future.
Currently, rental bonds primarily safeguard against unpaid rent, property damage, or disputes arising from tenancy agreements. However, the introduction of an additional bond specifically tailored to pet-related liabilities marks a significant departure in New Zealand’s rental landscape.
The announcement garnered praise from Pet Refuge, a charitable organization providing temporary shelter for pets belonging to individuals fleeing abusive environments. Julie Chapman, the CEO of Pet Refuge, hailed the government’s initiative, anticipating expedited reunifications between owners and their pets. Chapman emphasized the emotional significance of pets in the recovery process of abuse survivors, lauding the policy’s potential to mitigate the agonizing choice between safety and pet companionship.
“These changes offer hope for countless individuals who rely on their pets for solace and support, facilitating their journey towards healing and resilience,” remarked Chapman.
The impending implementation of additional bonds for tenants with pets heralds a significant shift in New Zealand’s rental landscape, underscoring the government’s commitment to fostering inclusive and supportive housing environments.