Long Term Rentals are a type of rental housing that offer households/whānau greater security and stability. They provide certainty by offering tenants a rental agreement for several years.
The homes are new builds and are rated 6 Homestar or higher. They’re warm, dry, and energy and water-efficient, making them more affordable to run than many existing homes. They are part of professionally-managed developments in neighbourhoods which are benefiting from investment in infrastructure and amenities for the community.
The landlord sets any criteria defining who can apply for a Long Term Rental. The landlord also decides the terms of the rental agreement, including the amount of rent the household pays. The owner and tenant both have rights and responsibilities under the Residential Tenancies Act 1986. Rent increases for the first three years of the tenancy are controlled.
Some of your questions around Long Term Rentals are answered here. If you’d like to know more, please come and have a chat to one of the team at the Information Centre, or feel free to send us an email at firstname.lastname@example.org. Plus, sign up above to recieve the latest updates.
Long Term Rentals offer tenants the added stability and security of a several year rental term. They’re professionally managed, which helps add to the certainty and peace of mind which comes with the long lease.
Long Term Rentals are coming to Oranga mid-2023. To be first to know when the homes become available sign up here to recieve the latest Oranga Development updates.
The rental price is set by the landlord of the home. How affordable a home is for a particular household is dependent on a variety of factors. When you are assessing affordability, take into account the fact these properties are new and have energy and water efficiency features that make them more affordable to run. Also consider the location’s impact on your transport costs.
Yes, and all tenancy agreements must be in writing. A tenancy agreement is a legally binding contract. The agreement must be completed in full and signed by the tenant and landlord. You and the landlord must comply with the Residential Tenancies Act 1986. The Residential Tenancy Agreement covers the terms of the rental agreement, for example rent per week, duration of the term.
The landlord will set the rental terms and these will be outlined in the rental agreement.
Yes, if the rental amount is achievable for your household, then check out any eligibility criteria provided by the landlord before applying.