APIA Blog

RSS Feed

How to streamline Watercare admin?

Friday, January 11, 2019

 

This week's question comes from Glen (paraphrased): 

Our property management company has advised that we have to keep our rental's Watercare account in our own name because we are still responsible for the fixed-charge. Is that correct? Isn't that a lot of extra hassle now that we have to collect variable charges from tenants? 

Our response: 

Your property manager is quite correct insofar as the bills having to be written out to you rather than to your tenant. It is not so much that you are responsible for the fixed-charge but that you are, in fact, responsible for the whole bill (fixed and variable charges). 

That said, S39(3) of the Residential Tenancies Act provides some relief. It mandates that '[t]he tenant is responsible for all outgoings in respect of the premises that are exclusively attributable to the tenant’s occupation of the premises or to the tenant’s use of the facilities.' So long as each tenancy has its own water meter, you are entitled to recover 100% of the monthly variable charge from your tenant. 

Clunky and not ideal. We know. We will continue to lobby a more sensible outcome in this area by working with Watercare. Watch this space.

In the meantime, and as a result of the lobbying work we have undertaken so far, there are a couple of things you can do to make your life easier as a landlord: 

  1. Opt into paying your annual fixed-charge upfront and in one lump sum. Instructions here
  2. Set your tenant up as an 'authorised tenant' on the account. Instructions here

 

By doing both, you will pay the fixed-charge once a year, dispense with the need to 'split out' 12 monthly bills and have the monthly usage bill (still in your name) sent directly to your authorised tenant. From there it is a simple matter of arranging for your tenant to open the bill and pay on time. 

Are you still, ultimately, responsible for all the bills on the account? Yes, but this certainly streamlines the process somewhat. 

Take a look at this video if you prefer to pay the fixed-charge monthly and are not fussed about splitting 12 bills a year. 

Do you have any tenancy related questions? Write to us at admin@apia.org.nz or hit us up on our social channels here and here

 

Recent Posts


Tags

housing affordability heater Jeff Bezos legal trust watercare property value worksafe khh HSWA skill shortage RTAA 2019 nzpif letting fee mortgage warm up new zealand rta reform first home buying p lab Question and answer clnz subdivision CCC off the plan tax Editor's Choice trademe negotiation productivity Must knows Q&A advice positive cash flow government damage initio Landlording reserve bank investor heating inspection partners HHGA landlord shower dome How to boarding house financial advisers act wealth creation house prices cgt equity robert kiyosaki rent arrears Sponsored post privacy buying rules sale and purchase TCIT ventilation rental market Must know gluckman report ring-fencing smoke alarm ocr principal and interest television meth contamination management Kris Pedersen Mortgages and Insurance termination market tenancy tribunal market rent property Gluckman development rent tenant letting speculator Tribunal case study short-term rental bond form recycling equity return Investor story twg report airbnb LIM Investment tip building cash-flow Holler maintenance bad tenant Market report buying income holiday house warren buffett sublease rental wof rent increase trespass minor dwelling water bill housing bubble property cycle renovation property management personal growth relationship winz cat bond RBNZ fixed-term tenancy property maintenance election 2017 extractor fan tenancy issues asbestos HHS meth finance auckland Standards New Zealand scotney williams Guest blog CoreLogic ird beginner investor interest only anz rta Level 4 business wins auckland council DTI capital gain unitary plan data security parry v inglis structure Property (Relationships) Act sale and purchas buyer's agent banking tenancy services investment strategy lvr education mindset insulation insurance debt enforcement interest rates covid-19 ask an expert Case study

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo Keith Hay Homes logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo
09 360 2376
info@apia.org.nz

The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

The Auckland Property Investors' Association is a great organisation for those who want access to advice and information from a range of industry experts and partners. 



Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

Janice Bieleski
I read two articles in the monthly magazine that saved me over $5,000. That is my membership fee for the next 26 years and I am sure I will learn a whole lot more! John Duncan
Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

I like talking to people and learning from their experience because it gives me the confidence to invest well. I think it is a knowledge thing. I now know I am doing things the right way.

Stephen Weatherall

My APIA membership has become a total success.

Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited