Unfortunately, New Zealand buildings built in the mid -1990’s to the 2000’s were not built to a comprehensive weather-tight standard. Materials such as untreated timber framing, monolithic cladding systems, and poor workmanship contributed to New Zealand’s Leaky Building Syndrome. Real Estate Investors and Homeowners who have bought one of these properties are at risk of losing an exorbitant amount of money due to extensive repairs and lawsuits.
At Kaizon, we have worked with a substantial amount of property owners that have faced the serious repercussions of purchasing a leaky building. If you are in the market for purchasing a property, whether it is for investment purposes or a place to call home, these are the things that you need to be aware of.
THE TELL-TALE SIGNS OF A LEAKY BUILDING
The majority of people assume that only monolithic clad homes are in danger of weather-tightness issues. Even properties with pitched roofs and traditional cladding systems are susceptible to damage due to untreated timber, ill-suited cladding systems and problems with the design. The best thing that you can do is hire a building surveyor to investigate the property before you make an unwise investment. The list below includes some of the things that you should be looking for – but are sometimes hard to detect.
• Internal cracks in the plaster and jointing
• Cracks in the plaster on the outside wall
• Look for paint finish that might wear or crack at the corners of windows or edges that are exposed to the elements
• Damp areas – specifically any dark colours that might show up along the bottom edges of the cladding
• Features such as decks, parapet walls, missing or inadequate flashings
Kaizon has had vast experience in dealing with a wide variety of leaky buildings of differing levels of complexity. Many property owners are unaware of the real issues with their buildings as leaks are not always detectable from the inside, but the damage to your property can be catastrophic. The best way to find out for certain if your property is leaking is to have an assessment done by one of our professional building surveyors. Contact us today so that we can help you determine what needs to be done to restore your property.