Why Cardiff Landlords Should Says Yes to DSS

Yes, we know “DSS” is an outdated term in respect to the benefits system, but it’s still a term that is heavily used by both Cardiff landlords, letting agents and tenants when discussing Housing Benefit and Universal Credit.

So why do we believe as a Cardiff landlord and letting agent its important to say “Yes” to tenants in receipt of benefits. Well for one landlords and Cardiff letting agents should not be proactively discriminating against prospective tenants in receipt of benefits and secondly, COVID-19 is having a huge impact on the economy and people are losing their jobs!

Let’s Look at the latest Unemployment Numbers

  • The UK’s unemployment rate rose to 4.8% in the three months to September
  • Redundancies rose to a record high of 314,000
  • The number of people out of work rose by 243,000 in the three-month period, the largest increase since May 2009.
  • Unemployment rate for 16 to 24-year-olds is 14.6%
  • It is estimated there are about 2.5 million people on furlough
  • Redundancies are at record levels with 314,00 people made redundant in the 3 months up to September 2020
  • Unemployment in Wales for July to September leapt to 4.6%
  • Wales saw the largest quarterly rise in the jobless rate out of any of the UK’s nations or regions.
  • Wales has also seen the largest drop in the rate of people in employment – down 2.5 percentage points from 74.6% to 72.1%

COVID-19 is creating a worry trend in regards to unemployment across the UK, therefore now more than ever we believe it’s important to understand the Universal Credit system as chances are your tenants may need to rely on it over the coming months

We have been renting to tenants in receipt of some kind of benefit for the last 12 years as a private landlord and Cardiff letting agent whether it be as a vanilla buy to let or our preferred option of Houses of Multiple Occupancy (HMO).

The Positives of Renting to Tenants in Receipt of Benefits

Over these 12 years and countless tenancies we have gained extensive knowledge of the Housing Benefit and of late the Universal Credit systems.  We have read numerous books and government circulars on the subject and studied case law to ensure we understand both systems, their similarities, and differences.

Due to the knowledge we have gained over the last 12 years we have found renting to tenants in receipt of Housing Benefit and the Housing Element of Universal credit has many FINANCIAL BENEFITS for LANDLORDS including:

  • Your rent is GUARANTEED by the UK Government
  • Tenants on benefits do not get furloughed so do not ask for a rent reduction
  • Tenants on benefit have seen their income increase during the COVID-10 pandemic
  • Can often receive higher monthly rent than renting to working tenants

How Can We Help?

We can provide the following for Cardiff landlords:

  • Ensure Cardiff landlords are paid the Housing Element of UC direct from day one of a new tenancy
  • If there are rent arrears with an existing tenancy quickly ensure rent is paid direct to landlord and start to recover arrears direct from existing tenants Universal Credit
  • Carry out a rent review to ascertain if there in an option for an actual rent increase
  • For HMOs the potential rent increase could be almost £50/week per tenant

These are just some of the things we can do for Cardiff landlord that employ our fully managed property services.  If you would like to receive a no obligation chat with one of our team, please complete the contact form below

Tenant Fees Guidance for Cardiff Landlords

Since the introduction of the Renting Homes (Fees Etc.) (Wales) Act 2019 on 1st September 2019 what can and can’t a Cardiff landlord or a letting agent charge a tenant?

The guidance clearly states that a Cardiff landlord or a letting agent can charge a tenant entering an Assured Shorthold Tenancy the following Permitted Payments:

  • Rent
  • Security deposit
  • Holding deposit
  • Payments in default
  • Payments in respect of council tax
  • Payments in respect of utilities
  • Payments in respect of a television licence
  • Payments in respect of communication services
  • Payment for ending a tenancy agreement early
  • Payments for change of sharer
  • Payments for amendment to a tenancy agreement

Anything which is not permitted is prohibited and banned by the Act.

The Act classes the following as Prohibited Payments:

  • check-in fees
  • check-out (or ‘exit’) fees
  • administration fees
  • inventory fees
  • guarantor fees

However, the Act does permit Cardiff landlords and letting agents to charge tenants for Payments in Default, so what is a Payment in Default?

A Payment in Default is a payment required by the landlord or letting agent arising from a breach of the tenancy agreement by the tenant, whether late payment of rent by its due date or some other breach. These are occasions where it would be unfair for the Cardiff landlord or letting agent to be responsible for meeting the cost to them because of the actions of the tenant.

Some examples of types of Default Payments include:

  • Missed appointments
  • Avoidable or purposeful damage to property
  • Replacement keys
  • Emergency/out of hours call-out fees

A Payment in Default can only be charged if there is a specific term in the tenancy agreement allowing for such a payment. If a Cardiff landlord or letting agent try to charge a payment in default which was not set out in the tenancy agreement, then that payment is prohibited.

The Renting Homes (Fees Etc.) (Wales) Act 2019 also advices that Welsh Ministers may make regulations to prescribe a list of payments in default which would be permitted payments under the Act, as well as a limit on what is permitted.

So Yes, a Tenant Fee ban was introduced on the 1st September 2019 by the introduction of the Renting Homes (Fees Etc.) (Wales) Act 2019, but with a well drafted AST there are circumstances when a Cardiff landlord or letting agent is within their rights to request a payment for breach of the tenancy agreement by the tenant.

If you are looking for a Cardiff Letting Agent to manage your vanilla buy-to let or HMO property that is up to date on latest legislative changes in Cardiff and across Wales, then why not complete our contact form to receive a a no obligation call from one of our team:

Five Things to Consider when Renting a Room in Cardiff

Rooms to Rent in Cardiff

Five Things to consider when renting a room in Cardiff:

1. Is the landlord or letting agent Rent Smart Wales accredited?  you can find out if they are by using the Rent Smart Wales https://www.rentsmart.gov.wales/en/check-register/  

2. Does the property require a HMO licence? Generally, a property will need licensing in Cardiff if it is a mandatory licenced HMO (3 storeys or more and 5 or more occupants) or it is located in one of Cardiff’s two additional licensing zones (Cathays & Plasnewydd).  You can find about Cardiff HMO Licensing here https://www.srs.wales/Documents/Housing/HMO-Licensing-Guidance-revised-Sept-2020.pdf

3. Does the landlord have planning permission to operate a House of Multiple Occupation (HMO) in Cardiff?  Since February 2016 its been a legal requirement for a newly created HMO to have planning permission in place. A HMO is a house in multiple occupation rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen.

4. Do I have to pay a Letting Fee?  Letting fees were banned in Wales from 1st September 2019 however a landlord or their agent can charge a “holding deposit”. A holding deposit can be any amount up to a maximum of the equivalent of one weeks’ rent.  The “holding deposit” must be offset against rent or security deposit, if both parties agree to enter into a tenancy, then the deposit must be repaid to the tenant within seven calendar days of that agreement.  More information about the tenant fee ban can be found here https://gov.wales/sites/default/files/publications/2019-08/letting-fees-guidance-for-landlords-and-letting-agents.pdf

5. Do I have to pay a security deposit or bond?  Many landlords and Cardiff Letting Agents require tenants to pay security or “tenancy” deposit.  This is maybe equivalent to one months rent but is not limited to it.  If you are required to pay a security deposit or bond it must be deposited in a government-backed tenancy deposit scheme (TDP) within 30 days of payment and proof of deposit supplied by the landlord or the letting agent.

If you a are looking for a legally compliant room to rent in Cardiff please register using the form below:

Cardiff Landlords Are You Catering for Retirees

Cardiff Landlords are you catering for Retirees

According to the mortgage lender Paragon’s latest report titled ‘The Growth of Later Life Tenants’ retiree renters and those in upper-middle age category are the fastest growing tenant groups in the private rented sector (PRS)

Paragon’s lates report showed that the number of English households in the 55-64 year old age category in the PRS with an Assured Tenancy has risen by 118% since the turn of the last decade, with those aged over 65 growing 93%. This rate of growth is nearly double the rate of the next fastest growing segment of 35-44-year-olds.

Richard Rowntree, Paragon Bank Managing Director of Mortgages, said: “There are a number of factors that may have contributed to the increase in over 55s in the PRS over the past 10 years, such as rising divorce amongst older people, poorer pension returns and men living longer.

“With the number of over 55s forecast to rise from 30% of the population to 36% by 2043 and new household formation predicted to be driven by older, single person households, the PRS will have an increasingly important role to play in providing a home for older tenants.”

Cardiff Landlords, the numbers do not lie, take a look at the overwhelming evidence that has seen a dramatic increase in the number of tenants over 55 years of age looking to access the private rented sector

Increase in number of retirees renting in the Private Rented Sector (PRS)

Cardiff landlords can access the Paragon report here https://www.paragonbank.co.uk/pcms_bo/resources/paragonbank/documents/mortgages/buy-to-let/growth-later-life-tenants

The Paragon report is based on the English Private Rented Sector (PRS) but Cardiff landlord should take head to the report’s findings and begin to look at how they can cater for this growing sector of the market.

If you would like to work with a proactive Cardiff HMO Letting Agent who are up to date with the latest market trends and housing legislation then please complete our contact form below to arrange a call from one of our team.

More Cardiff Rooms Please

Cardiff Landlords we need more rooms to rent for professional tenants

Cardiff landlords do you have a vacant property that is suitable to let on a per room basis?

Do you already have a licensed or unlicensed House of Multiple Occupancy in Cardiff?

We are running at full capacity and need more rooms for professional tenants. We have just rented our last two rooms in professional house shares and achieved the following monthly rents:

  • Ensuite Room £550 pcm including bills
  • Double Room £450 pcm including bills

If you would like a free market appraisal from a company that specialises in renting rooms to professional tenants across Cardiff on a per room basis, please complete the contact form below:

Cardiff Landlords Increase Your Rent by 63%

We can increase your rent on a 2 bed Cardiff property by at least 63%

Cardiff Landlords do you own a 2 bed property in the city?

Are you interested in learning how your 2 bedroom flat in Cardiff can generate at least £4000 extra annual rent?

We are helping landlords with 2 bedroom flats and houses to rent in Cardiff increase their rental yield by over 60% a year with no expensive refurbishments.

If you would like to find out how we can help you increase your annual rental income, please complete the contact form below:

Loan Me The Money

Loans from £50k required 8% annual return paid monthly

We cannot fund every property deal from our own cash reserves.

Therefore we can offer high net worth individuals a 8% annual return paid monthly on cash loans of £50k+

A first charge will be provided against the property the loan is used to purchase.

Loans are required for a period of 3 to 12 months.

If you would like to invest with us then please register your interest by emailing your name and contact number to info@highyield.property

Choosing a House Share in Cardiff: Laws and Licensing

Choosing a place to live is one of the most important decisions you have to make.  This decision will have a fundamental impact on your general well being and will influence your work and studies, therefore its important you get it right!

The housing landscape has changed dramatically in the United Kingdom with new laws and legislation, with Wales leading the way on housing policy in with the introduction of Rent Smart Wales.

All landlords and agents should be Rent Smart Wales registered and licensed
Rent Smart Wales

If you are new to Cardiff and searching for a house share its important to check the potential landlord and their agent are:

  1. A Registered Landlord: Any landlord who has a rental property in Wales which is rented on an assured, assured shorthold or regulated tenancy is required to register.
  • They are a Licensed Landlord or use a Licensed agent: Landlords who are not involved in setting up tenancies and managing their rental properties do not need a licence; however, they must use a local licensed agent and register as a landlord declaring their agent on the registration.  Landlords who do undertake letting and management tasks at their rental properties in Wales are required to apply for a licence

You can use the Rent Smart Wales Public Register to check a landlord/property is registered and whether the landlord or their agent is licensed.

When viewing a potential Cardiff house share the self managing landlord or agent should show you a their Rent Smart Wales ID card.

Is the Property a HMO?

HMO is a house of multiple occupancy, 3 or more unrelated people sharing amenities such as kitchen or bathroom
Is your Cardiff house share a HMO?

When choosing a house share in Cardiff you will also need to consider if the property is a House of Multiple Occupancy, often referred to as an HMO.  A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. 

If the property is an HMO it may need planning permission and require additional licensing as well as having to comply to more stringent fire safety and space and amenity regulations.

You can find out more about HMOs from Cardiff Council Here

Notice Board

If your Cardiff house share is made up of 3 or more unrelated people, it will require more stringent property management, and this includes a notice board which is displayed in a prominent position in the property.  The notice board should contain the following information:

  • HMO license if required
  • HMO Managers contact details
  • A valid Gas Safety Certificate (renewed annually)
  • Electrical Certificate (Renewed at least every 5 years)

If your potential landlord or property manager isn’t fulfilling the minimum legal requirements where else are they cutting corners and compromising on house mate’s safety and security?  Therefore, we believe it is important to bring the often-overlooked aspects of housing to the forefront of people’s minds when searching for their next Cardiff house share.

If you are looking for a professionally managed house share in Cardiff please visit Rooms to Rent in Cardiff 

or alternatively complete the tenant registration form below to receive a call from one of our team

Government Announces Changes to Mandatory HMO Licensing


Government have announced they plan to press ahead with changes to mandatory HMO licensing, properties with 5 or more occupants forming 2 or more households regardless of the properties layout (no longer 3 or more storeys) will require licensing.

In this latest announcement Government has also confirmed minimum bedroom sizes for Houses of Multiple Occupation (HMO):

Rooms used for sleeping by 1 adult will have to be no smaller than 6.51 square metres, and those slept in by 2 adults will have to be no smaller than 10.22 square metres. Rooms slept in by children of 10 years and younger will have to be no smaller than 4.64 square metres.

Link to Department for Communities and Local Government Announcement

High Yield Property Management Limited is a Cardiff letting agent and specialist HMO property management company that offers bespoke property management solutions that look to maximise landlord yields.

To discuss our Cardiff HMO property management service please complete our online contact form below:

Cardiff Student Property Hard to Let?

Are you a landlord in Cardiff with a student property?




Is the trend for purpose built student accommodation in Cardiff impacting on your business?



vacan house



Is your Cardiff property left empty at the beginning of the academic year?






If the answer is 



then we can defiantly provide solutions to your problems

There is always more than one way to “skin a cat” and as experienced landlords and property investors we can provide a number of solutions to get your Cardiff student property, let and generating a positive cash flow.

If you are looking for solutions to your Cardiff student property problems please complete the contact form below to receive a call from one of our experienced property investors and management team.