Spotlight on Sheffield
Northwood Blog
by rubycataldomoore
1w ago
Spotlight on Sheffield Located in South Yorkshire, England, Sheffield is a city renowned for its rich industrial history and vibrant cultural landscape. Nestled within the picturesque surroundings of the Peak District National Park and straddled by the River Don, Sheffield boasts a stunning blend of natural beauty and urban charm. Historically, the city has been a significant player in the steel industry, famously known for its production of cutlery and heavy engineering. Notable landmarks include the Sheffield Town Hall, the Winter Garden, and the ancient Sheffield Castle site, which although ..read more
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Rental Yields Rise Across All Regions
Northwood Blog
by rubycataldomoore
2w ago
The rental market is witnessing an upward trend across England and Wales, with landlords receiving increased yields on their investment properties. This boost comes at a time when the demand for rental accommodations continues to grow, underscoring the resilience and attractiveness of the buy-to-let sector. In this article, we delve into the latest data from Dataloft, highlighting the performance of rental yields in various regions and exploring the factors contributing to this positive trajectory. A Flourishing Landscape Indicative gross yields have shown a significant improvement, marking a ..read more
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Average Rent in the UK Rises by 8.3%
Northwood Blog
by rubycataldomoore
2w ago
The property market has always been a subject of much speculation, not least for landlords who have their investments closely tied to its fluctuations. Recent data released by Zoopla has shown an eye-catching increase in average rent across the UK, with figures up by 8.3%. This significant uptick is a critical piece of information for landlords nationwide, impacting decisions on property investments, rental adjustments and understanding the broader economic landscape of the rental market. In this article, we delve into the facts behind this increase, explore Zoopla’s predictions for the future ..read more
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Unlocking Potential: The UK’s Brownfield Development Drive
Northwood Blog
by rubycataldomoore
2w ago
In an ambitious stride towards tackling the housing crisis, the Housing Minister recently unveiled a significant push for the development of new homes on brownfield land across England. This initiative, aimed at revitalising previously developed land, marks a pivotal shift in the UK’s approach to sustainable housing development and planning permissions. The Catalyst for Change On 13th February, the Housing Secretary set the stage for a transformative approach to building new homes by prioritising brownfield land. This directive mandates all local authorities to favour these previously develope ..read more
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Buying vs. Renting: Which is Right for You?
Northwood Blog
by rubycataldomoore
2w ago
Making the choice between buying and renting a home is a significant decision that affects not only your financial situation but also your lifestyle and future planning. In this article, using our years of expertise in the UK property market, we shed light on the pros and cons of each option to help you determine which path aligns best with your circumstances and aspirations. Hand picks a cube with the word ‘buy’ instead of a cube with the word ‘rent’ next to a model house.Financial Commitment: Initial and Long-Term Considerations The financial implications of buying versus renting are often t ..read more
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Grants for Landlords: Navigating Financial Support for Property Enhancements
Northwood Blog
by rubycataldomoore
1M ago
As a landlord in the UK, staying abreast of the myriad financial incentives designed to support property improvements is not just beneficial—it’s essential. These grants can significantly defray the costs of upgrades, ensuring your properties are energy-efficient, more desirable and compliant with the latest regulations. This article delves into the particulars of the Boiler Upgrade Scheme, ECO Initiatives, the Great British Insulation Scheme, Electric Vehicle Charging (EVC) points, and the Disabled Facilities Grant. The Boiler Upgrade Scheme A key component of the UK’s drive towards greener l ..read more
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Down Valuations Increase: A Silver Lining for Investors
Northwood Blog
by stoyanhristov
1M ago
It appears the UK property market is seeing an increasing trend in down valuations. This phenomenon, where properties sell for less than the asking price, has been highlighted in a report from Landlord Today. As challenging as this may seem for sellers, it opens up a realm of opportunity for savvy investors. This article delves into the intricacies of down valuations, their implications and how investors can leverage this trend to their advantage. Understanding Down Valuations Down valuations occur when a property’s valuation by a mortgage lender or surveyor is lower than the price agreed upon ..read more
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The Value of Heritage: How Listed Buildings Elevate Local Property Markets
Northwood Blog
by rubycataldomoore
1M ago
In the heart of the UK’s towns and cities, listed buildings stand as timeless sentinels of our rich architectural and historical narrative. These structures, recognised for their significant cultural or historical merit, are more than mere relics of the past; they play a pivotal role in shaping the economic landscape of their surroundings, particularly in the realm of property values. This article delves into the symbiotic relationship between listed buildings and local property markets, shedding light on how these protected edifices contribute to the financial allure of their locales. A Testa ..read more
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Home Sales Surge
Northwood Blog
by rubycataldomoore
1M ago
The dawn of 2024 has ushered in a wave of optimism within the UK property market, a sentiment buoyed by fresh data that underscores a notable uplift in home sales. In this blog, we delve into the heartening figures provided by Dataloft, shedding light on the burgeoning confidence and activity in the property industry. A Resilient Start to the Year The first three weeks of January have witnessed a remarkable 13% increase in new sales agreed compared to the same timeframe last year. This key metric serves as a robust barometer of market confidence and dynamism, painting a picture of a sector tha ..read more
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