Categories for Industry comment

Northwood respond to landlord issues in the media headlines.

March 4, 2014

Over the last ten days or so, landlord and tenant issues have been in the media spotlight. Our very own Stuart Williams, of Northwood Dulwich, was approached by Channel 4 to appear in an item about Government plans to speed up the eviction process.  He is pictured below visiting a flat with the camera crew, […] View article >

Flooding of property – from a landlord perspective

February 13, 2014

As the flooding continues to spread across the country, more and more properties are becoming unfit for habitation*, causing problems for both landlords and tenants alike. Here are some tips for you to share with your tenants to help them during this difficult period: 1.  Move all costly possessions, rugs, valuable documents, and electrical items, […] View article >

Choosing to self-manage or use a lettings agent

January 24, 2014

When becoming a landlord, there is an important choice to make right at the start of your property career. Are you going to self-manage or employ the services of a lettings agent? The answer is as individual as you are. Much depends on your personal situation such as how much time you can commit to […] View article >

Northwood Guaranteed Rent is back on TV!

January 15, 2014

It’s exciting times at Northwood as our new Guaranteed Rent advertisement will be broadcast on Channel 4 and More4 tonight! It seems that our timing could not be better too. Only yesterday, research suggested that 67,000 tenants in England were in “severe” arrears.  Tenants more than two months behind in their rental payments rose 3.4% […] View article >

Landlords often learn the hard way.

January 10, 2014

A testimonial received today for our Bromley office served to remind us that novice landlords often have a steep – and expensive – learning curve! Landlord Michelle posted: “I came to Northwood letting after having a terrible time with a previous agency. As I have a mortgage I was looking for guaranteed rent – something […] View article >

5 things landlords need to be aware of in 2014.

December 18, 2013

It’s that time of the year when all the predictions for the next year start to come in! Forewarned is forearmed, so here are our Top 5 things that we think landlords need to be aware of in 2014: 1.  Interest rate rises Interest rates have remained historically low for an extended period and rising […] View article >

Growing concern of rental arrears for accidental landlords

November 22, 2013

A recent survey by Northwood has revealed accidental landlords in the South West have experienced more tenant arrears in the last three years than landlords anywhere else in the UK. Our study reveals the three hotspots for tenant arrears for accidental landlords are the  South West [45%], South East [36%] and the North East [33%]. […] View article >

Northwood welcomes new measures to regulate the lettings industry

November 19, 2013

New measures that give tenants, landlords and leaseholders additional confidence in working with letting and managing agents and that strengthen the private rented sector were set out today (19 November 2013). Compulsory redress schemes for these agents will ensure agents can be investigated where they have not been clear about fees or other issues, and […] View article >

“New” landlords on the rise

October 24, 2013

New data from Paragon Mortgages, suggests that there is strong growth in the number of new BTL landlords entering the market. The proportion of all buy-to-let cases from first-time landlords was 27% in the third quarter, up sharply compared with 22% on the previous quarter. It comes as no surprise that the growth in first-time […] View article >