Archives

Landlords’ hit as Chancellor targets mortgage interest tax relief

July 9, 2015

Many of the U.K.’s 2 million private residential landlords will see their net earnings reduced after the Chancellor, George Osborne announced a phased reduction in  mortgage interest tax relief in his summer Budget yesterday. In a controversial move that will, according to the Chancellor, ‘level the playing field for homebuyers and investors’, the amount landlords […] View article >

The famous footballer, a house and a Northwood For Sale board. . .

June 29, 2015

  The Northwood For Sale sign that appeared outside David De Gea’s house last week has caused a social media frenzy.  Rumours started  that De Gea, Goal keeper for Manchester United, could be heading back to his home town of Real Madrid. We can however reassure all De Gea fans that his departure is not […] View article >

It’s a great time to be a landlord!

June 25, 2015

As any landlord will know, being involved in buy-to-let can be something of a roller-coaster ride However, recent indicators suggest that the ride might be smoothing out a little, making it a great time to be a landlord! On the finance front, interest rates remain low, and are likely to do so for the foreseeable […] View article >

5 reasons to get tenant insurance

June 19, 2015

Many tenants wrongly assume that they are protected by their landlords insurance for their belongings and liability. However, to get the right cover for your belongings and your liability for landlords’ furnishings, you will need your own tenants’ insurance policy. Here are 5 reasons why: Northwood highly recommends it We recommend that tenants take out […] View article >

A job swap with a difference

June 4, 2015

In an industry first, a member of staff from The Property Ombudsman and our very own Lauren O’Niell switched roles for a week.  With an aim of gaining greater understanding and knowledge of each other’s positions within the industry, it was a unique opportunity for both organisations. The ombudsman Christopher Hamer approached Northwood as part […] View article >

Proud supporters of SAFEagent Awareness Week 2015

June 1, 2015

As Founding Members of SAFEagent, we are delighted to support the 4th annual SAFEagent Awareness Week, running from 1st to 5th June 2015. This is an industry generated and supported campaign to raise awareness of the importance of only letting through an agent who has recognised client money protection in place.  Working with agents who […] View article >

Positive property market reaction as David Cameron returns to No. 10

May 13, 2015

There has been a collective sigh of relief from Landlords around the country as the threat of 3 year tenancy agreements, “rent controls” and the additional burden of red tape has been lifted, following the Conservative victory in the General Election. Vitality quickly returned to the London property market, now that the spectre of “mansion […] View article >

Rent arrears and landlord fears!

May 11, 2015

A poll conducted by Today’s Landlord has revealed that the biggest fear landlords have this year is unpaid rent. The survey showed that just under two-thirds polled believe unpaid rent is the biggest fear for landlords in 2015, while nearly a fifth fear property damage and 16.58 per cent are worried by the growing amount […] View article >

Landlords – beware of burglaries this summer

May 7, 2015

When the weather warms up people’s thoughts understandably turn to BBQs and summer holidays. What is not likely to be top of mind is the fact that the summer months are also the peak season for burglaries across the UK. Northwood Insurance Services has pulled together a quick reference guide to help you and your […] View article >

Overseas Landlord? What the new Capital Gains Tax rules mean for you

April 29, 2015

Recent changes in the rules of Capital Gains Tax (CGT) regarding non-residents means it would be beneficial to have your property valued. In this guest blog by Michael Wright, Director of Rita4Rent, he covers: The change in capital gains tax rules explained The methods of working out a capital gain for non-residents Where it could […] View article >