Categories for Landlord

Buying an investment property outside of your local area

August 14, 2017

With higher prices and lower yields, it stands to reason that many seasoned landlords and new landlords are looking beyond London and the south east to buy investment property. Prices are generally lower, yields tend to be higher, and, with lower prices, the 3% stamp duty surcharge has far less impact. Buying a less expensive […] View article >

Stricter lending criteria coming into play for landlords

July 28, 2017

The financial landscape for landlords is changing due to new measures introduced by the Prudential Regulation Authority. The first roll-out was in January this year and the second tranche will be embedded by 1st October 2017. In essence, the changes will require lenders to ensure they have a fuller picture of the borrower, and a […] View article >

Landlords gain heavyweight support from Iain Duncan Smith

July 18, 2017

As we have been reporting over the past couple of years, landlords have been on Government’s radar with a number of new legislative changes that could impact future profitability. The most notorious of these has been the new tax regime Section 24, affecting sole trader landlords with mortgages, and the introduction of the 3% stamp […] View article >

Why rental demand is set to continue

June 28, 2017

With such economic turmoil – not to mention Brexit – on the horizon, landlords could rightly be concerned about the sustainability of rental demand across the U.K. However, at Northwood, we are confident that rental demand will continue, despite these issues. The first thing to remember is that we are a small island and many […] View article >

Potential Pitfalls of being a Landlord

June 19, 2017

Becoming a landlord can be very profitable and rewarding, but it does pay to be aware of the pitfalls you may face along the way. From professionals to ‘accidental’ landlords, it’s definitely a good idea to research what is really involved before taking the plunge. There are increasingly a number people who find themselves with […] View article >

5 Ways to improve your rental property

June 2, 2017

When it comes to renting out your property, whether that is a property you have purchased for that very purpose or a property you have been living in yourself, you will understandably want to get the very best return possible. What can be tricky here, is knowing where it’s best to spend money to make […] View article >

Lettings agent in Woking – Northwood celebrate opening of new office.

May 30, 2017

It’s always an exciting occasion for the Northwood network to open a new office. We identify areas with a robust and growing property market and where there is a lot of potential for property transactions. Our most recent launch is Northwood Woking, which opened in March 2017. The opening was celebrated with an Open Day […] View article >

Northwood supports SAFEagent Awareness Week 2017

May 15, 2017

Here at Northwood, we are committed to professional standards within the private rented sector, and this is one of the reasons we became members of the SAFEagent Steering Committee, when SAFEagent launched 6 years ago. SAFEagent is a cross-industry and community initiative to signpost those lettings agents who have client money protection. This gives landlords […] View article >

Proposed Tenant Fee Ban & the General Election

May 10, 2017

The proposed tenant fee ban was headline news after the Chancellor’s shock announcement until it was usurped by the PM’s own announcement of a general election. This proposed ban will happen whatever the outcome of the election as all a mainstream parties support it. The Tories actually opposed Labour’s bid to impose a ban a few years […] View article >