Worst letting agent ever..landlords beware!! Peter Green, the franchise director says Northwood can guarantee the landlord a monthly rent but charge you absolutely nothing for doing so, that their guaranteed rent scheme is a completely FREE service (yeah, right!). What a con! The truth is, your property is sublet to tenants and Northwood keeps about 24% of the rent as their profit, making it their highest costing management scheme. According to Northwood, this profit they make isn't a charge/fee/commission, even though the income they earn is made from the property you own. The worst part is, while Northwood are more than happy to take their profit, they can't be bothered to manage your property and will allow the tenants to do all sorts of damage to your property without letting you know about it.