Categories for Landlord

ALL Letting Agents MUST Join Redress scheme by 1st October

September 16, 2014

From 1 October 2014 anyone carrying out “lettings agency work” operating in England or Wales must belong to a government authorised redress scheme or face a fine of up to £5000.00. Any lettings agent, relocation agent, or property management agent not already a member of a scheme now has just two weeks to comply. For […] View article >

The ultimate testament to our Guaranteed Rent – 14 years of payments on time!

September 4, 2014

In our previous blog, We care what our customers think, we explained how much Northwood values customer feedback. As our Guaranteed Rent service is our “flagship” product, we were extremely proud to receive the following testimonial from one of our long-standing landlords for our Portsmouth office. Dave Watermark wrote on the independent review site, AllAgents, […] View article >

The Life Cycle of a Landlord

August 29, 2014

In our experience, being a residential BTL (buy to let) landlord has a fairly simple life-cycle of 4 distinct stages. 1.  Acquisition The acquisition stage is where the landlord is building their property portfolio.  It is important to build a sustainable business with strong foundations that focuses on cash flow, rather than capital growth. Finding […] View article >

Buying a tenanted property

August 21, 2014

When considering your next investment property acquisition, it’s worth considering buying a property with tenants in situ. There are many advantages to this: 1.  You wont have any voids upfront whilst finding a tenant which can sometimes equate to several months of lost rent 2. You will know, without any doubt, the rental income being […] View article >

Due diligence on Guaranteed Rent – 6 things to check

July 29, 2014

If you’re a landlord researching a Guaranteed Rent service, you’ll probably come across many different schemes. There are new companies and individuals springing up daily who claim to offer a “Guaranteed Rent” service – some promising to take over your property for up to five years  – but they are not all equal! Here at Northwood, […] View article >

Regulation of Letting Agents – the true story

July 28, 2014

For years, we have heard calls to regulate the lettings industry, but never more so than now. MP’s have rounded on the Industry supported by organisations such as Shelter and more recently the voracious Generation Rent. BBC Panorama ‘exposed’ many of the issues face by tenants with a focus on the emotive subject of evictions. […] View article >

The Definitive guide to Guaranteed Rent vs. Guaranteed Rent

July 21, 2014

For landlords looking for a fixed but reliable rental income from their property, the options and differences between the services on offer can be overwhelming.   This simple Guaranteed Rent vs Guaranteed Rent guide is designed to help landlords better understand the range of different services which are available when a landlord is looking for […] View article >

Guaranteed Rent? Help! Im confused. . .

July 17, 2014

With up to 1.2m landlords in England[i], there are as many different types of landlords as there are tenants.  However, despite the common misconception that landlords often own a large portfolio of properties, in reality 78% of all landlords only own a single property[ii]. This means the majority are in no way property ‘giants’ but […] View article >

We care what our customers think of us

June 27, 2014

Here at Northwood, we are committed to being transparent in every area of our business operations. We recognise that “word of mouth” has now turned into “word of mouse”!   We welcome all reviews of our service as it helps us maintain standards across the network and better serve landlords and tenants, and buyers and […] View article >

Choosing a Professional Letting Agent

May 19, 2014

It’s not just tenants who need to beware of choosing the wrong letting agent – landlords can be vulnerable as well … With an estimated 1.4 million private landlords in the UK, [1], we believe that its vital that landlords protect both their money and their property by partnering with a professional agency.  That means an agency […] View article >