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Property Tribes recently visited a new Northwood office that has opened close to us in Woking to find out about opportunities in the town for BTL investors.Ryan Stride and his wife recently opened the office and brings his own landlord knowledge and love of the area to his new business:The Woking office offers both sales and lettings.For all your property needs in Woking, please contact Ryan and the team:*Transparency notice: Northwood are a commercial partner of Property Tribes.SEE ALSO - Anatomy of a property hotspot - 12 indicatorsUP NEXT - Do any of you use Guaranteed Rent agents? DON'T MISS - Guaranteed capital growth required!NOW WATCH:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Not sure what the price points will be
But when the LA fee ban occurs and the differential between a normal LA management fee narrows.
It may get to the point where the Northwood offer becomes even more compelling.
Will LL think they might as well pay a little bit more and never have to worry again about rent being paid.
I believe Northwood will experience an upsurge in new business when the LA fee ban occurs
"...never have to worry about rent being paid...". Well, I guess that depends on the rent guarantee: Last time I asked it was underwritten solely by the particular letting office: So if they go under, unless someone else felt generous, there might not be any more £££.Perhaps someone from Northwood might comment. For the avoidance of doubt I am absolutely not suggesting any office in this chain ever has or ever will go bust: No!
All Northwood offices have client money protection, which protects landlords' rents, should the agent go bust.I believe the parent company would deal with any GR issues, in the unlikely event of an office going out of business.
More than 950 new homes will be built as part of plans to regenerate Sheerwater in Woking which has now been given the final go-ahead.
The new mixed-use development, which will be delivered by Thameswey Developments, will feature 522 open market homes and 462 affordable units - including 62 assisted living homes – along with a new retail centre, a mixed-use leisure centre building and sports pitches, new open space, improved transport links, fresh infrastructure and education, training and local employment opportunities.
The scheme will also include a community centre, health centre, nursery, sheltered housing and youth centre.Full/source article
The Government has announced it will invest £95 million in Woking, Surrey, which will unlock land to build up to 4,500 homes in the town.The money will pay to widen the Victoria Arch Bridge, to pay for road improvements, buying land and connecting utilities.The project, which is being delivered by Surrey County Council, is expected to significantly reduce congestion in the area, as well as opening up land for housing.The spending, under the Housing Infrastructure Fund, is all part of the government’s drive to deliver 300,000 homes a year by the mid-2020s.