Tag Archives: flooding

Letting Industry Pays Tribute to Northwood MD Nick Cooper Latest Articles, Lettings & Management, Property News, UK Property Forum for Buy to Let Landlords

Tributes from across the lettings industry have been flooding in following the death of Northwood Managing Director, Nick Cooper, who peacefully passed away on Thursday 22 August. Nick, aged 50, was diagnosed with pancreatic cancer nearly two years ago. He sadly leaves behind a wife and two children. Nick Cooper - MD of Northwood Letting Agents

Nick’s career in the lettings industry spanned three decades, during which time he spent nearly 10 years on the Board of Directors at leading private lettings agency, Northwood. He also played a pivotal role in the wider industry, working tirelessly to improve professional standards and champion consumer protection through his position as Chairman of the SAFEagent Steering Group. His commitment to the industry is further evidenced by the seats he held on the TDS Forum and NALS group.

Gemma Goodson, Finance Director at Northwood said: “This is desperately sad news for everyone that knew Nick. He was an incredibly special person who was liked and respected in equal measure by all. Words like ‘inspirational’ are used all too readily nowadays, but in Nick’s case, there will never be a more fitting tribute. Nick was a great mentor, colleague and friend. He was passionate about the lettings industry and raising standards, which meant a great deal to him and we are proud of the legacy he leaves behind. Our thoughts are with his family at this time”.

Andy Goodson, Northwood’s Chairman simply said “There are no words that can describe the loss, Nick was not only Northwood’s MD but also my best friend, life will never be quite the same without him but I’m eternally grateful that I had the opportunity to know not only him, but also his wonderful family whom my thoughts are with”

NALS Chief Executive, Isobel Thomson said: “I am deeply saddened to learn of the death of Nick Cooper. He was a man of wit and warmth whose contribution to the sector will be sorely missed. It was a privilege to have worked with him. My thoughts are with his family and his colleagues at Northwood”.

John Midgley, SAFEagent Chair, said: “Nick’s passion for improving standards in the private rented sector is epitomised by his leadership and guidance in the early days of the SAFEagent campaign. He was one of the industry’s true gentlemen. His energy and sense of humour will be missed by us all and our condolences must go to his family and those close to him”.

Funeral arrangements will be announced shortly but we anticipate it to be Thursday 29th August. Northwood is creating a special ‘Book of Memories’ for his family to treasure in years to come. As such, the company is inviting those who knew him, and who were touched by his warmth and humour, to supply any anecdotes they would like to share. Please send to melissawilliams@northwooduk.com


Malicious Damage Caused by Tenants Landlord News, Landlords Insurance, Latest Articles, Property News, UK Property Forum for Buy to Let Landlords

Malicious Damage Caused by TenantsA lady who prefers to remain anonymous has written in to explain that she has experienced malicious damage caused by tenants to a property she spent £6,500 on renovating just three years ago.

Apparently the tenant had absconded and stopped paying rent and after serving the relative notices and gaining possession the Police finally broke in to find that the tenant had:- Continue reading Malicious Damage Caused by Tenants


Tenants Guests Flooded Bathroom – GOOD NEWS UPDATE Buy to Let News, Cautionary Tales, Landlord News, Landlords Stories, Latest Articles, Lettings & Management, Property Investment News, Property Investment Strategies, Property News

I recently wrote an article about one of my tenants who recently reported that whilst she was away there was spillage in the bathroom which caused over £500 worth of decorative damage to downstairs ceilings and walls. The article was read by literally thousands of landlords and received a whopping 51 comments. Continue reading Tenants Guests Flooded Bathroom – GOOD NEWS UPDATE


Part two of the story of my first intentional property investment Landlord News, Latest Articles, Property News

Having agreed to buy my first intentional property investment I soon realised that it’s a bit like a visit to the loo, paperwork is important!

I’d purchased my first home a few years before but to be honest I’d forgotten about all the paperwork I’d done at that time. All of a sudden it all came flooding back to me. I wonder if women go through something similar when they give birth to their second child? Never say never again!!! Continue reading Part two of the story of my first intentional property investment


Lenders cut rates with new buy to let mortgage deals Buy to Let News, Financial Advice, Latest Articles, Mortgage News

Buy to let mortgage borrowing is expected to increase even more as lenders switch funds away from movers and first time buyers to landlords.

Several key lenders have already pledged more funds for buy to let – including the Co-op Bank and The Mortgage Works, the property investment subsidiary of the Nationwide Building Society. Continue reading Lenders cut rates with new buy to let mortgage deals


Landlord hopes sink over buy to let flood insurance Buy to Let News, Cautionary Tales, Landlords Insurance, Latest Articles

The likely results of losing flood insurance are sinking-in to landlords with at risk property as much of the country lies underwater and weather forecasters predict even more rain.

Great swathes of England are coping with the deluge -and the heavy rains have highlighted just how many homes and businesses are in danger of flooding. Continue reading Landlord hopes sink over buy to let flood insurance


Get the Right Landlord Property Insurance Guest Columns

Buildings insurance for a property is generally the responsibility of the owner or landlord. Tenants must still take out contents insurance to cover their possessions if they want to be protected against theft or fire damage, though for example. This is even more relevant in a House in Multiple Occupation letting to students or professionals.

If you are a landlord renting out a furnished property including HMO’s you will be well advised to take out contents insurance to cover your own belongings, personally, I usually take out £10,000 for the contents of a furnished HMO. I will also consider taking out some contents insurance for self contained units in not so desirable areas where there is a higher risk of malicious damage by the tenant or a break in. Continue reading Get the Right Landlord Property Insurance


Buy to Let Flood Risk Could Cost Landlords Billions Buy to Let News, Cautionary Tales, Commercial Finance, Conveyancing, Latest Articles, Property Maintenance

Thousands of buy to let properties all over the country are at risk of becoming uninsurable and unmortgageable in a few months.

Homes and business properties worth around £214 billion could be affected from June if the government fails to reach a new agreement with home insurance firms over flooding. Continue reading Buy to Let Flood Risk Could Cost Landlords Billions


To Insure or not to Insure? That is the Question Guest Columns, HMO's & Student Lets

January heralds house insurance renewal month. Every year I promise to get excited about it, compare quotes and wallow for the next year in the knowledge that I’ve secured the most competitive deal.

The reality is, when the broker calls I groan with resignation and tell him just to get on with it. As he flicked through his computer information on my claim history, he came out with “Oooo, aren’t you a good client? You haven’t made any claims in the last 4 years so it’ll be easy to get you a good quote”. Continue reading To Insure or not to Insure? That is the Question


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