Categories for Buy To Let

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 >

Housing White Paper – landlord perspective

February 8, 2017

Yesterday, the Government released the much anticipated Housing “White Paper” which laid out their plans to fix a “broken” housing market. From a landlord perspective, the paper was notable in its lack of recognition of the important part that private landlords play in housing the nation. The focus of the paper was very much on […] View article >

To let a property furnished or unfurnished?

February 8, 2017

For a landlord deciding whether to let a property furnished or unfurnished can be a tough call.  Furnishing a house will command a higher market rent but will cost the landlord upfront, ensure compliance with fire and safety legislation and ensure the items supplied are maintained to a good working order. Alternatively providing a property […] View article >

Landlords you should be checking your EPC rating!

January 30, 2017

We have previously mentioned a number of changes that landlords need to be aware of – namely Section 24 tax changes, new regulations, and the implementation of the PRA for mortgage lending. See – Three challenges landlords need to be aware of – and how to solve them However, on a more distant horizon, there […] 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 >

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 >

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 >