An interesting fact has come to light,is the introduction of a Pre-occupation bond by a real estate company called Redex Properties,this bond is set at $50.The Manawatu Tenants Union is of the opinion that this bond is unlawful and we have in contact with Ministry officals in Wellington,and they stated they will start an investigation into this practice.It costs around $2000 to secure a rental property and this unlawful bond is just another barrier for tenants already struggling to get a home.
If you know of anyone dealing with Redex and have paid the extra $50 bond we would like to hear from them their privacy will be protected,but we need to hear from tenants would have had to pay this bond.
Dont forget to tune into Flatting Today on Access Manawatu on every second Tuesday at 11.30 starting from Oct.8th.