Latest news and views

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 >

Home ownership difficult around the world

November 28, 2016

It’s no secret that it’s getting increasingly difficult for the younger generation to get onto the property ladder. What is perhaps a little less known though, is that it’s not just a UK issue. Across the globe  young people in many developed countries such as Canada, Australia and New Zealand are also struggling to become [...] View article >

Confused by Property Jargon? Get your translation here

November 25, 2016

Buying, selling, renting or letting a property can be one of the most exciting times in your life, but it can also be one of the most stressful and  confusing! With everything moving at a fast pace, trying to follow the jargon used by solicitors, mortgage providers and estate and letting agents can potentially leave [...] View article >

Should you insure your property in an instant?

November 24, 2016

In a world where time is of the essence and we expect everything from our credit to our coffee instantly, is it wrong to expect to buy your landlord insurance in the same way? We are all aware of sites where, with just a few minutes of typing you can receive a range of quotes [...] 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 >

Getting a pre Christmas sale on your property

November 10, 2016

You could be forgiven for thinking that this time of year is maybe not the best time to be putting your house on the market. The nights are drawing in, the temperatures are beginning to fall and everyone is more interested in shopping for presents than houses, right? Not necessarily. According to Rightmove, last year [...] View article >

Northwood scoops gold at the AllAgents 2016 Customer Service Awards

November 8, 2016

Northwood are incredibly proud to have been awarded three gold awards for customer service as judged by the UK property industry’s largest consumer review site, AllAgents.  Nationally we achieved the Gold Award for “Best Lettings Agent”, “Best Large Chain” and “Best Franchise.”  Many of our offices around the UK also received awards in recognition of [...] 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 >

Tenants don’t burn your bridges on bonfire night

November 4, 2016

Love it or loathe it, Bonfire night is almost upon us! Before you wrap up and head into the garden to set off a firework display of your own, if you are a tenant, you’ll need to check a couple of things first. Be mindful of your tenancy agreement Many tenancy agreements prohibit any kind [...] View article >