Categories for Industry comment

6 things to do before acquiring your first BTL investment property

February 15, 2016

If you are just starting out on your landlord journey, it makes sense to build your portfolio on solid and well-researched foundations. As BTL is an “investment”, it is important to understand and mitigate risk, as the value of your investments can go down as well as up. At Northwood, we have 20 years of […] View article >

Section 21 notice – all change – what you need to know

January 20, 2016

If you created a new six month tenancy beginning on or after the 1 October 2015 the time is drawing near when you will be able to serve the new Form 6A Section 21 Notice. You must comply with the requirements of the Deregulation Act 2015 when serving this notice and take into consideration the […] View article >

5 rental hassles our Guaranteed Rent landlords can forget!

January 12, 2016

Being a landlord can sometimes be a real hassle. Here are 5 rental hassles our Guaranteed Rent  landlords can forget about: 1.  Rental arrears The Guardian reported this week that the number of private tenants seriously behind with their rent has risen sharply to reach the highest since early 2013, according to new data. At […] View article >

Guaranteed Rent – evaluating the “guaranteed” bit.

December 23, 2015

Here at Northwood, we have been offering our market-leading Guaranteed Rent service for 20 years. Our Guaranteed Rent service does what it says on the tin!  We effectively become your tenant, and take over the financial risk of the tenant not paying the rent. Your rent gets paid on time, every time, even if there […] View article >

5 reasons for landlords to remain positive following the Autumn Statement

December 1, 2015

Last week George Osborne’s Autumn Statement threw in a major curve-ball for landlords The Chancellor announced that there would be enhanced stamp duty on all BTL and second home properties purchased from April 2016. Image courtesy of Daily Mail  This news came as a real shock to the landlord community. However, property investment is an […] View article >

Rent Smart Wales to launch 23 November

November 6, 2015

The Welsh Government has announced that Rent Smart Wales, the new registration and licencing scheme set up for landlords and letting agents is to launch on the 23 November. It had previously advised that landlords and letting agents would have to start registering from ‘late autumn.’   The law itself means that anyone who owns […] View article >

Northwood scoop multiple accolades at 2015 AllAgents Consumer Awards!

September 15, 2015

We are delighted to report that Northwood scooped multiple accolades at the 2015 AllAgents Consumer Awards! The awards were based on consumer reviews posted on the Allagents Review Site from September 1 2014 to August 31 this year. On the national front, Northwood won “Best U.K. Franchise” and “Best U.K. Large firm” whilst also coming […] View article >

Voids and property damage an eternal issue for landlords!

September 9, 2015

Since private landlords first began renting out properties, to the current day, they have had to deal with an ever-changing market place Rents rising and falling, property prices inflating and deflating, interest rate changes, legislation, compliance, local trends, national trends …. the private rented sector (PRS) is an ever-changing arena and a sometimes stormy sea […] View article >

Spotlight on Welsh private rented sector – new laws coming

August 24, 2015

Welcome to our Spotlight on Wales. The private rented sector makes up over 14% of homes in Wales and is growing, meaning that it will soon be bigger than the social housing sector. It is a very diverse sector with a number of niches, including properties needed for students, for sharers or for households on […] View article >

Forging long term relationships with landlords

July 28, 2015

This year, Northwood is proud to celebrate 20 years in business. During this time, we have seen many changes in the private rented sector and witnessed the phenomenal growth of private landlords’ property holdings. Throughout that time we have always striven to develop long-term relationships with our landlord clients, to support them through the entire […] View article >