Welcome to the February edition of Property Talk.
This month, I touch on long term maintenance & upgrade plans for your investment property.
In light of the news this week regarding the Healthy Homes Act, as was anticipated – it’s important to include the new standards required in long-term maintenance planning, given they come into force in April 2021.
The key points are, all rental properties must:
- There must be fixed heating devices, capable of achieving a minimum temperature of at least 18°C in the main living room
- Draughts need to be stopped & unused chimneys blocked
- Kitchens and bathrooms need ventilation via extraction fans
- Homes with basements/subfloors must install a ground moisture barrier to prevent moisture rising