Archives

Why won’t the Government make Client Money Protection Insurance mandatory?

November 4, 2014

SAFEagent – the consumer mark that donates ‘safe’ lettings agents that are covered by Client Money Protection (CMP) schemes – has expressed its surprise and disappointment that the Housing Minister (Brandon Lewis MP) has declared that “at this time, he has no plans to make Client Money Protection Insurance (CMP) mandatory…” Northwood was a founding […] View article >

Guest blog: Paul Shamplina on “retaliatory eviction” legislation

October 29, 2014

GUEST BLOG Paul Shamplina, Founder of Landlord Action On Monday I attended Parliament to give evidence to the All Party Parliamentary Group for The Private Rental Sector before cross party MPS.  I was there to offer my views and experience of landlords Serving Section 21 Notices in retaliation to tenants requesting repairs to be carried […] View article >

Team Northwood “Run or Dye” to support pancreatic cancer research.

October 23, 2014

This past weekend, a team from Northwood ran the “Run or Dye” race in Southampton to raise money for the Northwood Charitable Foundation. This year the Foundation is supporting the Pancreatic Cancer Research Fund (PCRF) after we sadly lost our boss to Pancreatic Cancer last year, as our CEO, Gemma Goodson, explains: With a survival […] View article >

Letting out a property doesn’t have to be stressful

October 15, 2014

According to a new survey , one in four landlords say letting property is more stressful than they expected and two thirds admit they are more stressed now than a year ago. The survey shows that the biggest contributing factors are late rent payments (58 %), funding property maintenance and repairs (40 %) and tax […] View article >

Property sold by Northwood Warminster features on Escape to the Country

October 14, 2014

  This delightful thatched, grade II listed cottage in Corsley, Wiltshire featured in a recent episode of the Channel 4 series Escape to the Country.  Oozing charm and character and situated on the outskirts of the Longleat estate with beautiful sweeping views of the surrounding countryside, it was an obvious choice for the programme producers. Northwood […] View article >

Top 3 novice landlord tips from our M.D., Eric Walker.

September 22, 2014

As landlords ourselves, while we understand that property investment is relatively simple, we also empathise with novice landlords who might be overwhelmed when starting out. We’ve always found that investing time in undertaking research prior to an investment property acquisition can save heartache further down the line. Remember that you may be in a commercial […] View article >

ALL Letting Agents MUST Join Redress scheme by 1st October

September 16, 2014

From 1 October 2014 anyone carrying out “lettings agency work” operating in England or Wales must belong to a government authorised redress scheme or face a fine of up to £5000.00. Any lettings agent, relocation agent, or property management agent not already a member of a scheme now has just two weeks to comply. For […] View article >

Sale By Tender – buyers beware!

September 15, 2014

Over the couple of years, many will have seen agents offering to sell your home for £200 plus VAT. They do this by employing what they erroneously term ‘Sale By Tender’. This method of sale has been used by agents for many years and is properly named ‘Sales by Informal Tender’. Simply, where some properties […] View article >