Latest news and views

The Importance of Being Professional

March 21, 2012

Northwood UK’s managing director Nick Cooper supports the plea from The Property Ombudsman for improved standards in the lettings industry.    “Last week The Property Ombudsman* published his Annual Report which renewed his calls for standards to be raised across the lettings industry following an increase in complaints about letting agents. What’s the reason for […] View article >

Setting aside the Good Guys from the Cowboys

March 14, 2012

Jane Moore, Head of Learning at Northwood explores the role of training and development in helping raise industry standards and perceptions…   “It would seem that barely a week goes by without news of a rogue letting agent hitting the headlines.  Whether they’re running off with landlord and tenants funds or simply providing shoddy service, […] View article >

Cant sell? Need to move? You could rent instead

March 8, 2012

According to the recent Government think-tank Understanding Society, the downturn in the housing market means that nine out of ten people who want to move are stuck. As a result the number of “unsold” homes coming onto the rental market  is on the rise, causing the growth of  ‘accidental landlords’ – the vast majority of whom […] View article >

Lettings agents fees need to be more transparent agree Northwood

February 2, 2012

Letting agents are often criticised for a lack of transparency in the fees that they charge. A recent debate started by Bushells highlighted the issue as a source of major frustration for both Landlords and Tenants who often feel that an agent isn’t transparent with the fees or costs applied for managing a tenancy. They called for agents to reveal their fees in […] View article >

What level of Landlord insurance do you need?

February 2, 2012

Landlords who are renting out their former home should always upgrade from their standard home insurance or they could find that their policy is voided.  Whilst many Landlords may think that finding the right Landlord insurance policy is complicated and confusing, we have compiled a checklist that should help you to make an informed choice about what level […] View article >

Northwood supports SAFEagent

December 19, 2011

Northwood is proud to be a founder firm of SAFEagent & urges both Landlords and tenants alike to search out agents that are registered with  SAFEagent in order to ensure their money is protected.   SAFEagent – Safe Agent Fully Endorsed – denotes firms that protect landlords and tenants money through Client Money Protection (CMP) schemes. It is recognised by […] View article >

Will we become a nation of renters?

December 13, 2011

The world of property buying and renting has changed dramatically in the last 6 years. According to a report by Communities  & Local Government’s English Housing the number of households living in rental accommodation has grown by 1 million in the 4 years  from 2.4 million in 2005/06  to 3.4 million in 2009/10. Halifax estimate that […] View article >

Will it snow? Is your property ready for the blasts of winter?

December 1, 2011

Last year’s severe winter wreaked havoc for houses across the country. The estimated bill for burst pipes alone was estimated at £75m a week over the worst of the winter blast. Regardless of whether you choose to believe the various forecasts for this winter based on our mild temperatures to date, it is always good practise to ensure your […] View article >

Rentals Booming but Rent Arrears and Tenant Evictions Up

October 26, 2011

With demand for rented accommodation soaring, Landlords could be forgiven for thinking that their annual rental income is increasing at the same rate. Unfortunately however, the number of tenants falling into rent arrears is rising sharply according to the charity National Debtline. They have experienced an 84% increase in the number of people seeking help with […] View article >