Archives

3 challenges facing landlords in 2017 and how to solve them

December 29, 2016

2017 is already shaping up as a landmark year for landlords, as many changes in the private rented sector start to be implemented.   In this blog, we look at three of the main issues that may affect landlords in the new year: 1.  Taxation: Section 24 Section 24 of the Finance (No.2) Act 2015, […] View article >

Be a good neighbour this New Year

December 28, 2016

Now that the Christmas Day festivities have passed, attention turns to New Year celebrations. Whether you plan to have family and friends over for a low key evening, or you’re having a full-on party, don’t forget to spare a thought for your neighbours. According to recent research by Co-op Insurance, loud music tops the list […] View article >

Step two in selling your property. Getting a valuation

December 21, 2016

Once you have considered and confirmed your priorities when selling your property, have decluttered and decorated, it’s time to get an accurate valuation and choose an agent.   We recommend inviting in at least two different agents. When creating a shortlist of agents do some research first.  Do they have lots of for sale / […] View article >

Working with a lettings agent can save landlords money!

December 19, 2016

There are many reasons for landlords to work with a reputable letting agent, and it may come as a surprise to learn that it could even save them money! There are now over 140 Government statutes and regulations that relate to letting out a property.  The fines for non-compliance are already significant, but come 2017 […] View article >

Step one to selling your property

December 7, 2016

Having made the decision to sell your property, it can be difficult to know what to do first! Before actually finding an agent and getting the ball rolling, decide what is most important to you in terms of speed of sale and the price that you are prepared to accept. It could be that you […] View article >

I’m NOT dreaming of a void Christmas!

December 1, 2016

As the countdown to Christmas intensifies, landlords are bracing themselves for rent arrears. The festive season often sees people spending a lot more, and, like all of us, tenants can struggle to balance their budget, meaning that December and January are peak times for rental arrears. However, it is increasingly seeming that one or two […] View article >

Tenant fees ban announced in autumn statement. What next?

November 30, 2016

Following the shock lettings fee ban announcement last week by the Chancellor, an industry Working Group  have come together to help make the “political will of the Government” work. Northwood alongside other key players in the property market are working in conjunction with representatives of Shelter, Residential Landlords Association, Greater London Authority, Ombudsman Services: Property […] View article >

Home ownership difficult around the world

November 28, 2016

It’s no secret that it’s getting increasingly difficult for the younger generation to get onto the property ladder. What is perhaps a little less known though, is that it’s not just a UK issue. Across the globe  young people in many developed countries such as Canada, Australia and New Zealand are also struggling to become […] View article >

Confused by Property Jargon? Get your translation here

November 25, 2016

Buying, selling, renting or letting a property can be one of the most exciting times in your life, but it can also be one of the most stressful and  confusing! With everything moving at a fast pace, trying to follow the jargon used by solicitors, mortgage providers and estate and letting agents can potentially leave […] View article >