Categories for Industry comment

General Election – Our view on housing policies

March 6, 2015

As we near the General Election many colleagues and customers have asked about the impact of various     parties policies may have upon the private rented sector. There is no easy answer especially with the outcome of polling day being so uncertain. It looks unlikely any party will have the majority required under first past the […] View article >

Growing and ageing population fuels BTL market

January 28, 2015

The property investment market in the U.K. is relatively simple and relies on four main drivers: 1.  Supply and demand for rented accommodation 2.  Availability of BTL mortgage products and ease of obtaining them. 3.  Sentiment and confidence in property as an investment. 4.  The U.K.’s economic indicators, such as inflation/deflation, interest rate rises, unemployment, […] View article >

Help – I’m a landlord and I’m stressed!

January 19, 2015

A recent study listing the biggest migraine-inducing scenarios for landlords may be familiar for many who own a rental property. Top of the list for 25% of stressed-out landlords was late rent payments, followed by ‘tenants from hell’, with 20% feeling that this caused them the most stress, property damage (18%), deposit disputes (13%) and […] View article >

Top 6 New Year’s Resolutions for landlords!

December 23, 2014

2015 is set to be a very interesting year for the property market. The General Election is scheduled for May, and housing will undoubtedly be a top 3 issue on the political agenda. Whether you have just the one BTL (Buy to Let) property, or are a portfolio landlord, the new year is likely to […] View article >

Christmas doesn’t have to be “bah humbug” for landlords!

December 15, 2014

“Bah! Humbug” – the expression made famous by the fictional character Ebenezer Scrooge in the Charles Dickens novel ‘A Christmas Carol’ might strike a chord for some landlords who find themselves out of pocket due to non-payment of rent in the lead up to Christmas. Last year the number of tenants more than 2 months […] View article >

STAMP DUTY (SDLT) changes – What it really means…

December 4, 2014

I am delighted at the news regarding Stamp Duty Land Tax changes. I and many other have been campaigning to get rid of the ‘slab tax’ for many years as it was simply ridiculous. How can the tax on a property purchased at £250,000 be £2500, yet an extra £1 on the purchase price cost […] View article >

How SAFEagent is making a difference

November 24, 2014

In 2011, Northwood joined with some other like-minded agents to try and make a difference to consumers in acting as a signpost towards properly regulated Letting Agents. From the initial small group, SAFEagent has grown with over 3000 members. As a result of our latest campaign, it appears as if Housing Minister (Brandon Lewis MP) […] View article >

10 reasons why it’s G-R-E-A-T to be a Landlord!

November 12, 2014

The Guardian recently reported that private landlords in Britain are set to own £1trillion worth of homes by late spring 2015, as rising house prices and growing appetite from investors drives up the value of the booming buy-to-let sector. Official figures show that since 2001, nearly 2 million households have been added to the sector […] View article >

Should I renovate or simply de-clutter when selling?

November 6, 2014

Every home owner wants to achieve the maximum possible selling price when they put their property on the market. It’s tempting to do some extra work in order to add additional value, however research conducted by HSBC makes for some very interesting reading about the average cost vs returns achievable when various projects are undertaken: […] View article >

Why won’t the Government make Client Money Protection Insurance mandatory?

November 4, 2014

SAFEagent – the consumer mark that donates ‘safe’ lettings agents that are covered by Client Money Protection (CMP) schemes – has expressed its surprise and disappointment that the Housing Minister (Brandon Lewis MP) has declared that “at this time, he has no plans to make Client Money Protection Insurance (CMP) mandatory…” Northwood was a founding […] View article >