Categories for Buy To Let

New Stamp duty for Buy to Let – what’s the cost?

March 9, 2016

With the additional 3% stamp duty tax coming into effect shortly for Buy to Let properties, there has been a flurry of property sales being processed prior to the 1st April 2016 deadline. The Government’s rationale for introducing the additional stamp duty charge is to increase the number of opportunities for first time buyers and […] View article >

6 things to do before acquiring your first BTL investment property

February 15, 2016

If you are just starting out on your landlord journey, it makes sense to build your portfolio on solid and well-researched foundations. As BTL is an “investment”, it is important to understand and mitigate risk, as the value of your investments can go down as well as up. At Northwood, we have 20 years of […] View article >

Tips for selling a property with a tenant in situ

January 27, 2016

Following the increasing popularity of our Investor List, for landlords who are both buying and selling, we thought it might be helpful to share some tips on selling an investment property with a tenant in situ. The advantages of doing this are threefold: 1.  You do not have to cover the loss in rent caused […] View article >

Section 21 notice – all change – what you need to know

January 20, 2016

If you created a new six month tenancy beginning on or after the 1 October 2015 the time is drawing near when you will be able to serve the new Form 6A Section 21 Notice. You must comply with the requirements of the Deregulation Act 2015 when serving this notice and take into consideration the […] View article >

5 rental hassles our Guaranteed Rent landlords can forget!

January 12, 2016

Being a landlord can sometimes be a real hassle. Here are 5 rental hassles our Guaranteed Rent  landlords can forget about: 1.  Rental arrears The Guardian reported this week that the number of private tenants seriously behind with their rent has risen sharply to reach the highest since early 2013, according to new data. At […] View article >

Guaranteed Rent – evaluating the “guaranteed” bit.

December 23, 2015

Here at Northwood, we have been offering our market-leading Guaranteed Rent service for 20 years. Our Guaranteed Rent service does what it says on the tin!  We effectively become your tenant, and take over the financial risk of the tenant not paying the rent. Your rent gets paid on time, every time, even if there […] View article >

Northwood supports landlords throughout their property career

December 14, 2015

Following on from a previous blog, Lifecycle of a landlord, we thought we might address this topic again, with some additional detail. The four stages of the landlord lifecycle are: Pre-acquisition – the research stage, doing your due diligence, and finding a property that meets your financial goals. Buying the property – getting your finances […] View article >

5 reasons for landlords to remain positive following the Autumn Statement

December 1, 2015

Last week George Osborne’s Autumn Statement threw in a major curve-ball for landlords The Chancellor announced that there would be enhanced stamp duty on all BTL and second home properties purchased from April 2016. Image courtesy of Daily Mail  This news came as a real shock to the landlord community. However, property investment is an […] View article >

BTL mortgages – some good reasons why now is a great time to fix!

November 5, 2015

There was good news today for landlords and property investors, as the Bank of England once again announced that it would be holding the base rate at 0.5%. Indeed, they have signalled that this rate may be held well into 2017! In its quarterly Inflation Report, the bank said even if U.K. interest rates did […] View article >

Checklist for financing a Buy To Let property

October 26, 2015

Before starting your search for a suitable BTL investment, it is advised that you get your finances in order. Unless you are “proceedable” – can prove you have cash or been approved for mortgage finance – you will not be able to put a credible offer in on a property. Furthermore, if using bank finance, […] View article >