Categories for Guaranteed Rent

No landlord need face this …

April 3, 2017

There have been a couple of media articles recently about novice landlords who have experienced a delinquent tenant creating significant damage to their property. The first case saw a grandmother in Kent return to her BTL investment property to find that the tenant had done over £10K of damage. Mrs Gilbert said:   “I’ll need […] View article >

Is It Too Late to Become a Buy-to-Let Investor?

April 2, 2017

Until recently, buy-to-let was one of the most popular choices for people who had spare income and wanted to invest wisely. Becoming a landlord has a lot of appeal – not only do you get a regular rental income but you also own a property that should realistically increase in value over time. Last year, […] View article >

A third of renters not “financially secure”

February 27, 2017

When letting to a new tenant, there is naturally a great deal of emphasis on checking the tenant’s work status and income to ensure they can afford the monthly rental payment. However, new research suggests that many tenants have no financial resources, should they lose their jobs, or be unable to work through such issues […] View article >

The property market does not like this

January 20, 2017

There is one thing that can be guaranteed to impact on the property market in the U.K. and that is uncertainty. Earlier this week, the Prime Minister Teresa May, delivered her landmark speech setting out how the U.K. would be preparing to leave the European Union. During the transition there will be a lot of […] 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 >

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 >

The biggest challenge facing landlords in 2017? We have the solution!

November 18, 2016

A number of industry commentators are suggesting that rental arrears will be the biggest challenge facing landlords in 2017. Currently, one index claims that 62% of UK landlords are dealing with tenant arrears and with rents predicted to rise faster than house prices over the next five years to offset tax increases from April 2017, […] View article >

Christmas considerations for landlords & tenants

November 4, 2016

We are fast approaching the festive season, and for landlords, this can throw up some issues specific to the time of year. 1.  Preparing the property for the harsher weather Blocked gutters and burst pipes are just two of the issues that affect properties in colder temperatures.  Prevention is a lot less expensive and stressful […] View article >

Top Landlord tips for avoiding a nightmare tenancy

November 3, 2016

If there is one thing that all landlords dread, it’s the ‘tenants from hell’! Whilst the vast majority of tenants cause no problems and will treat your property with respect it is an inherent risk of being a landlord. However, there are ways to minimise the likelihood of nightmare tenants becoming your tenants! Screening This […] View article >