County Durham - rents rising faster than prices, and what it means for your yield
2 minute read posted by The NGU Homes Team
County Durham's average house price is up 4.4% this year, while rent has grown faster still, up 6.1%. That gap between rental growth and price growth is exactly the kind of market condition that improves yields for landlords. 📊...
Hartlepool - slow and steady, with some of the strongest yields in the region
2 minute read posted by The NGU Homes Team
📊 Landlord market update - Hartlepool Hartlepool's house prices are up a modest 2.1% this year, and rent has grown just 1.9%. Growth here is slower than elsewhere in the region - but the entry prices are so low that the yield...
How do I find a good tenant?
2 minute read posted by The NGU Homes Team
A landlord asked us this week: "I keep getting burned by bad tenants, what am I doing wrong?" It turned out they'd been treating references as a box-ticking exercise rather than actually reading them properly. Usually it's not bad...
Northumberland - higher prices, steadier growth, and what it means for your yield
2 minute read posted by The NGU Homes Team
📊 Landlord market update - Northumberland Northumberland's house prices are up 1.5% this year, while rent has grown 4.9%. Prices here are higher than elsewhere in the region, which shapes the yield picture, but the market has...
What happens if my tenant stops paying rent?
2 minute read posted by The NGU Homes Team
A landlord messaged us this week in a panic: their tenant had missed rent for the second month running, and they wanted to know how fast they could get them out. Our answer surprised them, because it had nothing to do with notices...
Sunderland - still the North East's most affordable city, and it shows in the yields
2 minute read posted by The NGU Homes Team
📊 Landlord market update - Sunderland Sunderland's average house price is up 6.0% this year, while rent has grown 4.4%. The gains are steady rather than spectacular, but the low entry prices here mean the yields still stack up...
🔧 Flip case study - Bishop Auckland
2 minute read posted by The NGU Homes Team
🔧 Flip case study - Bishop Auckland Not every refurb is a light touch-up. This one is a full transformation - a three-bedroom property on Douthwaite Road in Bishop Auckland, tired and dated throughout, with an outdated kitchen...
Newcastle rents up 10.3% - what it means for your yield
2 minute read posted by The NGU Homes Team
📊 Landlord market update - Newcastle Rents in Newcastle have moved a lot faster than house prices over the past year. Average rent is up 10.3%, while house prices have risen a more modest 5.0% - and for landlords, that gap is...
What does a real buy-to-let refurb actually cost?
2 minute read posted by The NGU Homes Team
🔧 Refurb case study - Ferryhill We get asked this a lot by landlords: what does a refurb actually involve, and what does it cost in reality? Rather than give a vague answer, we thought we'd show you a real one. This is a...
Can I still evict a tenant under the new rules?
3 minute read posted by The NGU Homes Team
A landlord asked me this week: "Now that Section 21 has been abolished, can I still evict a tenant?" It's the question we're hearing more than any other right now. Yes. You can still evict a tenant. Section 21 is gone, but Section...