Categories for Landlord

Delays in reporting repairs are costing landlords thousands

January 16, 2017

Delays by tenants in reporting maintenance and repairs issues is costing landlords thousands, recent research by LV= shows. Of those asked, 37% of renters admitted to thinking that it was okay to wait before reporting non-emergency repairs to their landlords. This means that by the time the landlord has a chance to carry out the […] View article >

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 >

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 >

Should you insure your property in an instant?

November 24, 2016

In a world where time is of the essence and we expect everything from our credit to our coffee instantly, is it wrong to expect to buy your landlord insurance in the same way? We are all aware of sites where, with just a few minutes of typing you can receive a range of quotes […] 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 >

Northwood scoops gold at the AllAgents 2016 Customer Service Awards

November 8, 2016

Northwood are incredibly proud to have been awarded three gold awards for customer service as judged by the UK property industry’s largest consumer review site, AllAgents.  Nationally we achieved the Gold Award for “Best Lettings Agent”, “Best Large Chain” and “Best Franchise.”  Many of our offices around the UK also received awards in recognition of […] 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 >