Categories for Guaranteed Rent

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 >

Finding certainty for landlords in an uncertain world

October 31, 2016

The vast majority of the 2 million landlords in the U.K. – 97% – are determined to be “small” landlords.  These are landlords with 3 or less rental properties, who typically work in full time employment and have many commitments in their everyday lives which keeps them very busy. Their properties are often mentally put […] View article >

Cleaning Continues to be a Big Problem for Landlords

September 20, 2016

Recent figures from the Tenant Deposit Scheme (TDS) have shown that it is in fact cleanliness, or lack of it, is causing the majority of deposit disputes. A huge 58% of disputes are as a result of the rented property not being cleaned before the tenant leaves. Landlords must remember that the burden of evidence […] View article >

5 things that can be guaranteed about property for landlords

August 15, 2016

There is no doubt about it, we are living in uncertain property times! The era of “Brental” – where people decide to await the outcome of the EU “Leave” vote before buying, selling, or moving – is upon us, not to mention uncertainty about the economy, and landlord tax changes. Despite this, landlord sentiment remains […] View article >