Midwest Simon Hopeful That Rent Register Will Keep Landlords In Check

Housing, Mortgages

Midwest Simon is expressing hope that new rules to try keep rent prices from rising to extortionate levels will keep landlords in check.

The Housing Minister has proposed a new rent register, which will show the average price in your local area, in a bid to expose rip-off landlords.

It’s one of a series of measures to be considered by the Cabinet today, including the extension of minimum notice periods that landlords must give tenants from 42 days to four months.

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General Manager with Midwest Simon Jackie Bonfield says it’s a positive step.