Keyhook Articles
Check out the latest market news and how-to-do's.
NZ residential rental market news, July 26
Putting numbers to the townhouse boom, ASB is expecting an OCR cut, and Mortgage rates drop again. Too long; didn't read? Here're this week's TLDRs... Property Market Experiences Winter Chill Amid Economic Challenges Total property sales decreased by 25.6% year-on-year, from 5,854 to 4,356. Sales
NZ residential rental market news, July 19
Secret mortgage rates, Investors earn $500 Billion, and Inflation eases while costs rise. Too long; didn't read? Here're this week's TLDRs... BNZ and Kiwibank Reduce Mortgage Rates BNZ has reduced its fixed mortgage rates following other major banks. The six-month rate is now 7.24%, and the one-
Why Keyhook is the Best Property Management Software
Why Keyhook is the Best Property Management Software As the CEO of Keyhook, I am excited to share why Keyhook is the best property management software available. At Keyhook, we have a singular focus: to make your life easier and your business more efficient. Our customer-centric approach, relentless
How Easy Is It to Switch to Keyhook?
How Easy Is It to Switch to Keyhook? Switching to Keyhook is a breeze! Our simple, streamlined approach ensures a seamless transition from your current property management software. With a dedicated Keyhook Experience Consultant guiding you every step of the way, you'll be up and running in no time.
Keyhook: The Best Platform to List Your Wellington Rental
Keyhook: The Best Platform to List Your Wellington Rental If you're a landlord or property manager in Wellington, New Zealand, finding the perfect platform to list your rental property can be a challenge. You want a service that's efficient, cost-effective, and comprehensive. Look no further than Ke
NZ residential rental market news, July 12
Construction costs drop, property values drop, but will the OCR drop too? Too long; didn't read? Here're this week's TLDRs... NZ Construction Costs Drop After Decade Residential construction costs fell by 1.1% in the three months to June, the first decline in over a decade. The annual growth rat
Why Property Managers Across NZ Are Ditching Their Software for Keyhook
Why Property Managers Across NZ Are Ditching Their Software for Keyhook In the ever-evolving landscape of property management, New Zealand property managers are making a significant shift towards Keyhook, a cutting-edge property management software. But why is this happening? This article delves int
10 Tips for Efficient Property Management in Wellington
10 Tips for Efficient Property Management in Wellington Efficient property management is crucial for ensuring the smooth operation of rental properties in Wellington. Whether you are a seasoned property manager or just starting out, these ten tips will help you manage your properties effectively, sa
NZ residential rental market news, July 5
Policy changes take aim at affordability, the Bright Line rule change, and rapid interest rate cuts? Too long; didn't read? Here're this week's TLDRs... Policy changes unlikely to shift subdued housing market House prices fell 0.5% in June, continuing recent declines. Annual house prices rose 1.
Start Your Property Management Business with Keyhook: Support and Discounts for NZ Entrepreneurs
Start Your Property Management Business with Keyhook: Support and Discounts for NZ Entrepreneurs Are you ready to take the leap into entrepreneurship and start your property management business? Now is the perfect time to do so, and Keyhook is here to support you every step of the way. With our comp
Too Much Property Management Software: Enter Keyhook, The All-in-One Solution
Too Much Property Management Software: Enter Keyhook, The All-in-One Solution In today's fast-paced property management landscape, efficiency is key. Property managers often find themselves juggling multiple software solutions to cover the various aspects of their work. From listing rentals and cond
The Importance of Excellent Human Support Behind Your Property Management Software: Enter Keyhook
The Importance of Excellent Human Support Behind Your Property Management Software: Enter Keyhook In the competitive landscape of property management software, providing top-tier support is a crucial differentiator. Keyhook, New Zealand’s fastest growing property management software company, underst
Keyhook’s User-Friendly Interface: Simplifying Property Management
Keyhook’s User-Friendly Interface: Simplifying Property Management Property management can be a complex and time-consuming task, especially when dealing with outdated technology and bloated systems. Many property management products are built on legacy technology, packed with unnecessary components
Keyhook: The Best Platform to List Your Auckland Rental
Keyhook: The Best Platform to List Your Auckland Rental If you're a landlord or property manager in Auckland, New Zealand, finding the perfect platform to list your rental property can be a challenge. You want a service that's efficient, cost-effective, and comprehensive. Look no further than Keyhoo
NZ residential rental market news, June 21
New granny flat regulations, the risks and rewards of home loan portals, and NZ property investor dollars moving to Aus. Too long; didn't read? Here're this week's TLDRs... Market Challenges Persist Despite Easing Lending and Tax Rules The property market faces ongoing challenges despite relaxed
Reducing Repetitive Tasks with Keyhook’s Automation Features
Reducing Repetitive Tasks with Keyhook’s Automation Features In today’s fast-paced property management landscape, efficiency is paramount. Property managers and landlords often find themselves bogged down by repetitive manual tasks like paperwork filing and report creation, hindering their ability t
Keyhook’s Mobile App: Manage Your Properties on the Go
Keyhook’s Mobile App: Manage Your Properties on the Go In today’s fast-paced world, managing rental properties can be a daunting task, especially when you’re constantly on the move. At Keyhook, we understand the importance of convenience and efficiency for property managers and landlords. That’s why
Keyhook is Hiring QA Developers!
About the job About Keyhook: Keyhook is one of the fastest-growing proptech solutions, disrupting the industry with our innovative platform. We thrive on the energy and excitement of a startup, where every team member plays a crucial role in our journey towards success. Role Overview: We are lookin
NZ residential rental market news, June 14
Major banks cut rates, The housing market's "silent crash", and Seven tips to ease mortgage pressure Too long; didn't read? Here're this week's TLDRs... Property Prices Continue to Decline Amid Market Uncertainty Buyers have abundant choices in the property market. No indications that house pri
Keyhook’s AI Integration: A Game-Changer for Property Managers
Keyhook’s AI Integration: A Game-Changer for Property Managers In the competitive landscape of property management, staying ahead means leveraging the latest technology to streamline operations and enhance productivity. Keyhook, New Zealand’s leading property management software, has set a new stand
10 Tips for Efficient Property Management in Auckland
10 Tips for Efficient Property Management in Auckland Efficient property management is crucial for ensuring the smooth operation of rental properties in Auckland. Whether you are a seasoned property manager or just starting out, these ten tips will help you manage your properties effectively, save t
Keyhook is Hiring Fullstack Developers!
About the job About Keyhook: Keyhook is one of the fastest-growing proptech solutions, disrupting the industry with our innovative platform. We thrive on the energy and excitement of a startup, where every team member plays a crucial role in our journey towards success. Job Description: Are you a t
NZ residential rental market news, June 7
Bank puts a stop to $1 reserve auction, Construction slump hits, and House prices stumble but remain stable overall. Too long; didn't read? Here're this week's TLDRs... Subdued Housing Market Expected to Continue Through 2024 Home values fell by 0.2% in May, following a 0.1% fall in April. CoreL
The Ultimate Guide to Property Management
The Ultimate Guide to Property Management in New Zealand Introduction Property management in New Zealand is evolving rapidly, driven by technological advancements and changing market dynamics. For property managers looking to stay ahead of the curve, it’s crucial to leverage the latest tools and bes
Discover Keyhook: New Zealand's Premier Residential Listings Platform for Property Managers
Discover Keyhook: New Zealand's Premier Residential Listings Platform for Property Managers In the bustling realm of property management, efficiency and cost-effectiveness are paramount. This is where Keyhook stands out as New Zealand's best way to list your rental property and find tenants. With it
NZ residential rental market news, May 31
New-home contracts are biased towards builders, Brokers advise: "Buy now if affordable," & How the budget affects investors. Too long; didn't read? Here're this week's TLDRs... Current Mortgage Lending Environment: Key Insights and Changes Ahead Gross new lending activity continued to recover in
Adoption Rates of Property Management Software Among New Zealand Property Managers
Adoption Rates of Property Management Software Among New Zealand Property Managers In New Zealand, the adoption of property management software has been steadily increasing, reflecting a broader trend towards digitalisation in the real estate sector. This adoption is driven by the substantial benefi
Tenant Screening Checklist
Tenant Screening Checklist Creating an effective tenant screening checklist is essential for property managers and landlords in New Zealand. This step-by-step guide will ensure that you conduct a comprehensive and efficient evaluation of potential tenants, helping you to select the most reliable and
NZ residential rental market news, May 24
Leaky buildings ruled non-deductible, Goodbye to KO's board & First Home Grants Scheme, and Median rent hits $600 p/w. Too long; didn't read? Here're this week's TLDRs... RBNZ Keeps OCR at 5.5%, Signals Higher Rates for Longer RBNZ holds the OCR at 5.5%, with inflation expected to reach target b
Are Tenant Checks Mandatory in New Zealand?
Are Tenant Checks Mandatory in New Zealand? In the realm of New Zealand's rental property market, understanding the legalities surrounding tenant screening is crucial for landlords and property managers. The question often arises: are tenant checks mandatory in New Zealand? In this article, we delve
The Cost of Compliance: Economic Impact of Property Regulations
The Cost of Compliance: Economic Impact of Property Regulations In New Zealand, recent property regulations have significantly impacted landlords and property managers, introducing a host of financial and administrative challenges. This analysis explores the cost implications of these regulations, p
Tenant Screening Advice for First-Time Landlords in New Zealand
Tenant Screening Advice for First-Time Landlords in New Zealand Becoming a landlord for the first time can be both exciting and daunting. One of the most critical steps in managing a rental property successfully is conducting thorough tenant screenings. This guide provides comprehensive advice on
NZ residential rental market news, May 17
FHBs benefit while investors hesitate, Govt. pauses 1300 KO builds pending review, and unhealthy debt adds to Kiwis' financial strain. Too long; didn't read? Here're this week's TLDRs... Property Market Sees Increased Activity Despite Economic Headwinds in April 2024 Sales activity increased in n
Ultimate Guide to Tenant Check Services in New Zealand: Costs and Comparisons
Ultimate Guide to Tenant Check Services in New Zealand: Costs and Comparisons In New Zealand's competitive rental market, choosing the right tenant is vital. Landlords and property managers have numerous options for conducting tenant checks. This guide provides a detailed cost comparison of tenant c
NZ residential rental market news, May 10
FHBs thrive, the primary threat to NZ's housing market in 2024, and property values climb despite volatility. Too long; didn't read? Here're this week's TLDRs... First Home Buyers Thrive in Buyer-Friendly Market, Showing Strong Q1 Activity First home buyers (FHBs) constituted 26% of property pur
NZ residential rental market news, May 3
Rents hit records, rate cuts unlikely, and RBNZ to set DTI and LVR rules. Too long; didn't read? Here're this week's TLDRs... REINZ Fights for Regulation in Unsupervised Property Management Sector REINZ expressed disappointment after the Government declined to advance the Residential Property Mana
NZ residential rental market news, April 26
More regulatory and government action, the climate change based eviction, and the latest market dynamics. Too long; didn't read? Here're this week's TLDRs... Housing Market Rebounds with More Listings and Rising Prices in March 2024 REINZ released March 2024 data showing a significant increase in
NZ residential rental market news, April 19
Pet bonds are on the horizon, is the market awaiting interest rate cuts, and the $2.9B tax break. Too long; didn't read? Here're this week's TLDRs... New Zealand Housing Market Rebounds with Increased Listings and Sales Listings and stock levels have significantly increased, providing more optio
NZ residential rental market news, April 12
The reintroduction of no-cause terminations, one boarding house's $37,000 fine, and when will be the next OCR cut? Too long; didn't read? Here're this week's TLDRs... NZ Construction Costs Stabilise, Annual Growth Rate Set at 3-4% for 2024 Construction cost growth in New Zealand has decreased to
NZ residential rental market news, April 5
Coalition targets major housing reform, Buying vs renting, and Unpaid rent causes woes for landlords. Too long; didn't read? Here're this week's TLDRs... New-Build Price Premium Expected to Shrink Amid Tax Changes New dwellings' price advantage over existing properties expected to diminish due t
Quick and simple home maintenance checklist
When encountering common maintenance issues, this detailed checklist can guide you through easy fixes you can perform yourself. If these steps don’t resolve the problem, capturing the issue with photos and providing a thorough description in your Keyhook maintenance request will ensure quicker and m
NZ residential rental market news, March 22
Regional market overviews; the regions FHBs cannot afford, even with a 20% deposit; and GST bills for owners with AirBnBs. Too long; didn't read? Here're this week's TLDRs... Investor rental returns still need topping up to cover the mortgage New Zealand’s residential real estate market is worth
Keyhook update, March 2024
We're excited to announce a game-changing update to Keyhook, loaded with features that our users have been eagerly anticipating. This update isn't just about new features; it's about revolutionising the way you manage your properties, making your daily tasks more manageable and more efficient. Intr
NZ residential rental market news, March 15
What will be the impacts of interest deductibility? KO says they have no impact on house prices, and the campaign for better property management. Too long; didn't read? Here're this week's TLDRs... More sales, prices rise as activity builds in the property market REINZ reported a significant rise
NZ residential rental market news, March 8
How will emergency housing changes affect landlords? The FMA takes action against Tower, and be careful what you wish for. Too long; didn't read? Here're this week's TLDRs... An overview from Tony Alexander The housing market upturn experienced in the June quarter of the last year has stalled, wi
How will emergency housing changes affect landlords?
In a recent announcement, the New Zealand government laid out its plans to shake up emergency housing, specifically for families with children who find themselves in a bind. Spearheaded by Housing Minister Chris Bishop, the changes are pretty straightforward but signal a big shift in how things have
NZ residential rental market news, March 1
When is the housing market due to peak again, the Govt.'s "trifecta" of housing policies, and Westpac lends a whopping $875M in new housing loans in Q4. Too long; didn't read? Here're this week's TLDRs... The OCR decision: A Core Logic breakdown The Reserve Bank of New Zealand (RBNZ) has kept the
NZ residential rental market news, February 23
What April 1 means for investors, more rate rises possible, and property management regulations Too long; didn't read? Here're this week's TLDRs... The current state of things – A breakdown by Tony Alexander Post-GFC, inflation rates remained low, leading to reduced interest rates in New Zealand,
NZ residential rental market news, February 16
Market slump to continue, 57 liquidations in Q4 2023, and build-to-rent change proposals. Too long; didn't read? Here're this week's TLDRs... Core Logic Housing Affordability Report Housing affordability in New Zealand has improved since late 2021 but remains stretched due to recent house price r
NZ residential rental market news, February 9
Housing activity plummets, only 75% of apartment resales make profit, and the effects of the global market on NZ. Too long; didn't read? Here're this week's TLDRs... 93% of resales make a profit in Q4 2024, only 75% of apartment resales make profit 93.3% of property resales in Q4 2023 achieved a
Help: My landlord is in jail!
Have you ever wondered what happens to your tenancy if your landlord finds themselves behind bars? The Residential Tenancies Act provides some clarity on this matter, though it may not be as straightforward as you think. According to the RTA, if a landlord leaves the country for more than 21 days, t
NZ residential rental market news, February 2
Property prices rise to start 2024, dwelling consents tumble, and a 'Shantytown' is deemed compliant. Too long; didn't read? Here're this week's TLDRs... Property values rise (slightly) in Jan 2024 CoreLogic House Price Index increased by 0.4% in January, marking the fourth consecutive monthly ri
NZ residential rental market news, January 26
The pros and cons of DTI restrictions, when will the OCR move again, and a look at 2023's BIG property sales. Too long; didn't read? Here're this week's TLDRs... FHB market share sets new record Residential real estate is worth $1.59 trillion. National property values rose 1% in December, the th
RBNZ's Proposed New Mortgage Rules: What You Need to Know
Changes seem to be on the horizon for New Zealand's mortgage lending scene, as the Reserve Bank (RBNZ) gears up to roll out some adjustments to lending rules later this year. The goal? To keep things stable and secure by putting the brakes on perceived risky lending practices. One major tweak involv
NZ residential rental market news, January 19
House prices drop in December but the market shows signs of strengthening and do DTIs make sense for IPs? Too long; didn't read? Here's this week's TLDRs... Core Logic data shows signs of strengthening market December 2023 sees a 1.0% increase in property values in New Zealand, the strongest mont
NZ residential rental market news, January 11
Exploring DTIs, what will buoy house prices in 2024, and it's a good time to be a FHB. Too long; didn't read? Here's this week's TLDRs... Rounding 2023 off on a positive note Barfoot & Thompson reported a strong finish to 2023 with 8,576 sales, slightly higher than 2022 but the second lowest sinc
NZ residential rental market news, December 22
An independent review of Kāinga Ora, a record number of new homes constructed in Aux, and an underwhelming 2024 beckons. Too long; didn't read? Here's this week's TLDRs... Record number of new homes constructed in Auckland Auckland is experiencing a record rate of new dwelling construction. In O
NZ residential rental market news, December 15
Breaking down the numbers in 2023, looking forward to 2024, and the Govt.'s policies and their effects. Too long; didn't read? Here's this week's TLDRs... 2023 – a year in review 2023 had two distinct halves, with a challenging first half and a later turnaround. In April, sale volumes hit a 40-
NZ residential rental market news, December 8
Making $500K profit in four months, pre-Christmas mortgage rates movement, and a $38M K.O. bailout. Too long; didn't read? Here's this week's TLDRs... The state of mortgage debt in NZ The housing loan market has shown signs of a turnaround in lending activity, although it has been subdued through
NZ residential rental market news, December 1
Coalition policies that affect landlords (and their impacts), what will the 2024 housing market look like, and 200,000 home loan accounts are past due. Too long; didn't read? Here are this week's TLDRs... November insights from Realestate co nz Certainty around governmental leadership, the econom
NZ residential rental market news, November 24
Interest deductibility restoration to be expedited, record rent rises, and reduced home loan rates. This week's TLDRs... Interest deductibility restoration to be expedited National’s tax cuts will continue, but funding will no longer come from a tax on foreign buyers; instead, money will be sourc
NZ residential rental market news, November 17
Don't bet against a rapid rise, Hastings is winning the emergency housing battle, and a 3D printed house? This week's TLDRs... Real Estate Institute’s House Price Index overview The Real Estate Institute notes slow but steady improvement in the housing market in October. Despite a 2.5% decrease
NZ residential rental market news, November 10
An oncoming flood in the market, more flood-induced buyouts, and banks tell customers to expect more rate rises. This week's TLDRs... FHBs hit record-high market share FHBs accounted for 27% of purchases in the third quarter, a new record high, well above the long-term average of 21%. FHBs use m
NZ residential rental market news, July 7
Both sides of the rent control debate, banks raise their home loan rates, and a housing watchdog is recommended. This week's TLDRs... Westpac, ANZ, ASB, Kiwibank raise home loan rates Four major banks have raised their home loan rates, adding pressure on mortgage holders. Westpac increased its tw
Tips for Creating a Stand-Out Tenancy Application
Finding a new rental property can be a daunting task, especially in a competitive market like New Zealand. With numerous tenants vying for limited available spaces, it's crucial to make your application stand out from the crowd. A well-crafted tenancy application not only demonstrates your reliabili
NZ residential rental market news, June 23
Rents rise across NZ, vendors are reducing asking prices, and Tony Alexander's busy week. This week's TLDRs... Kiwibank, Westpac: Housing market looks to be stabilising Kiwibank economists expect positive developments in the Spring housing sales season. House prices are still declining but at a r
Budgeting for Your Rental: Unveiling the Hidden Costs
As a landlord, it's crucial to understand the hidden costs associated with owning and operating a rental property. With high interest rates and recent legislative changes impacting property investors, it's essential to be prepared for unforeseen expenses. Below are a few hidden costs to try to facto
NZ residential rental market news, June 16
What does the recession mean for NZ property, where are house prices rising, and the latest REINZ monthly reports. This week's TLDRs... REINZ monthly reports - Property Report, Housing Price Index Sales counts increased in some parts of New Zealand, while others experienced slower activity. The
Winter Maintenance Tips for Landlords: An Essential Guide
As the colder and wetter months approach, it's crucial for landlords to prepare their rental properties for the challenges that winter brings. Below we provide you with six essential tips to help you safeguard your investment and keep your tenants safe and comfortable during the winter season. Insp
NZ residential rental market news, June 9
1 in 3 consider selling, zoning reforms causing low rent, and don't expect a boom. This week's TLDRs... Mum and dad investors are still facing topping up their repayments Rising interest rates and the inability to deduct mortgage interest as an expense make properties unattractive to mum and dad i
Understanding Look-Through Companies: A Valuable Tool for Property Investors and Landlords in New Zealand
In New Zealand's dynamic property market, investors and landlords are constantly seeking efficient and tax-effective structures. Look-Through Companies (LTCs) offer a compelling solution. Below I explore how LTCs can be leveraged by property investors and landlords, providing transparency, tax advan
NZ residential rental market news, June 2
ANZ report hints at bottom of market, Govt. will buyout cyclone-hit homes, & Auckland's busy May. This week's TLDRs... Downward market momentum remains Property values in New Zealand fell by 0.7% in May, but the annual rate of change is showing signs of easing. Nationally, average property values
6 Effective Tips to Finding a Tenant Quickly
Are you a Kiwi landlord searching for ways to find a tenant quickly? Finding the right tenant in a timely manner is essential for reducing vacancies and maximising your rental income. Below are six easy and cost-effective tips to attract potential tenants efficiently. These tips are designed to help
NZ residential rental market news, May 26
365 day banking, the OCR is at 5.5% and LVR restrictions easing. The bullet points from this week: A reminder of the changes in bank transfers Beginning today, Kiwis are able to transfer money between different banks 365 days a year including weekends and public holidays. ASB, Bank of China, BNZ,
NZ residential rental market news, May 19
The 2023 budget, a spotlight shined on fire safety, and OCR predictions The bullet points from this week: Investors' market share hits historic low Residential real estate is worth $1.57 trillion. House sales in the 12 months to April 2023 are down -30.5% on last year, Over the four weeks ending
NZ residential rental market news, May 12
REINZ report summaries, $85b in home loans refinanced & TSB's 6% interest rate The bullet points from this week: REINZ Reports suggest market is stabilising April 2023 figures from the REINZ show pressure on the real estate market due to the economic climate. Median prices across New Zealand have
NZ residential rental market news, May 5
Latest House Price Index breakdown, immigrants' property market share increasing & Auckland median price goes sub $1M. The bullet points from this week: Core Logic House Price Index New Zealand's property market declined by another 0.6% in April which is smaller than the drops of about 1% in each
What is the OCR and how does it work?
What is the OCR? The OCR is essentially the interest rate that the RBNZ charges commercial banks when they borrow money from the central bank. Commercial banks need money to operate and provide loans to businesses and individuals. When the RBNZ adjusts the OCR, it affects the cost at which banks can
NZ residential rental market news, April 28
LVR restrictions easing, DTI ratios incoming and April's Property Investor Insights broken down The bullet points from this week: RBNZ proposes to ease LVR restrictions Current LVR settings were put in place in November 2021 due to elevated risks. The restrictions have increased the resilience of
NZ residential rental market news, April 21
REINZ & Core Logic report summaries, proposed housing consent cost cuts & migration boom's effect on housing. The bullet points from this week: REINZ Monthly Report & House Price Index released The total number of properties for sale in New Zealand increased by 14.1% YoY. Excluding Auckland, inve
NZ residential rental market news, April 14
National rent rise stalls, DTI's incoming and OCR rise affects home loan rates. The bullet points from this week: National rise in rent slows Rise in residential rents in NZ may be slowing down. National median rent for all property types was $560 in February, down from $575 in January. The annu
NZ residential rental market news, April 8
Leading opinions on the OCR rise, Tony Alexander's latest newsletter boiled down, and a new ANZ property report. The bullet points from this week: ANZ Property Focus Report Financial market volatility has increased due to recent bank collapses in the US and contagion spreading to Switzerland. Pol
NZ residential rental market news, March 31
Homebuyers are shying away from new mortgages, and what happens when you become uninsurable? The bullet points from this week: New consents dive New home construction in New Zealand is experiencing a significant downturn with the number of new dwellings consented down 29% YoY in February, marking
NZ residential rental market news, March 24
Legislation is causing rent rises, House sales at a 40-year low, and Auckland CBD is looking up The bullet points from this week: Survey of 700 landlords points to Govt. legislation causing rent raises A Kantar survey commissioned by the HUD Ministry shows that 47% of landlords have raised rents b
NZ residential rental market news, March 17
The REINZ monthly report, Porirua property values up 27%, and Silicon Valley Bank's positive impact on the NZ property market The bullet points from this week: The REINZ Monthly Property Report was published Tuesday House prices have continued to fall due to economic headwinds and Cyclone Gabriell
NZ residential rental market news, March 10
Wellington prices keep dropping, online buyers cool and International Women's Day brings insights The bullet points from this week: Wellington house prices continue to drop, wiping out huge pandemic gains Wellington house prices have dropped by 3.4% in the last quarter, resulting in an annual drop