Five Things to Consider when Renting a Room in Cardiff

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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.

You can view a sample of our legally compliant rooms to rent in Cardiff by clicking on the following links:

Ensuite Rooms to Rent in Cardiff

Studios to Rent in Cardiff

Rooms to Rent in Cardiff Bills Included

DSS Rooms to Rent in Cardiff

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

Cardiff Landlords Are You Catering for Retirees

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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.

Rooms to Rent in Cardiff Bills Included

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Rooms to Rent in Cardiff Bills Included

If you are looking for a room to rent in Cardiff with bills included, you have come to the right place.  Many of our rooms to rent in Cardiff have bills included in the monthly rent, making it easy for housemates to budget.

Our all-inclusive rooms to rent in Cardiff include super-fast fibre optic broadband, gas, electricity, council tax and water rates so there are no hidden surprises at the end of the month or arguments between housemates

Room 2 Australia Road, CF14 3DB

  • Room 2 Australia Road
  • Located at the front of the property on the ground floor
  • Large double room includes 4′ bed, triple wardrobe, chest of draws & desk
  • Available Now
  • Rent £450 pcm
  • Rent includes (Gas, Electricity, Water, Council Tax & Broadband)
  • 500 Meg High Speed Broadband at the property
  • Easy access to Cardiff City Centre & Whitchurch Road
  • Great location for easy access to A470, A48 nd M4
  • Local employers included University Hospital Wales, Companies House
  • Great location for Cardiff Metropolitan University, Cardiff University, Welsh College of Music & Drama and University of South Wales
  • Find location on Google Maps
  • Room 2 360 Degree View 1
  • Room 2 360 Degree View 2

Room 3 Australia Road, CF14 3DB

  • Room 3 Australia Road
  • Located in the annexe on the first floor over looking the garden
  • Large double room includes 4′ bed, wardrobe & desk
  • Available Now
  • Rent £420 pcm
  • Rent includes (Gas, Electricity, Water, Council Tax & Broadband)
  • 500 Meg High Speed Broadband at the property
  • Easy access to Cardiff City Centre & Whitchurch Road
  • Great location for easy access to A470, A48 nd M4
  • Local employers included University Hospital Wales, Companies House
  • Great location for Cardiff Metropolitan University, Cardiff University, Welsh College of Music & Drama and University of South Wales
  • Find location on Google Maps
  • Room 3 360 degree room view

If you are looking for a room to rent in Cardiff with bills included please complete our registration form below to book a viewing and to be kept up to date with a list of rooms to rent in Cardiff that suit your needs.

Cardiff HMO Letting Agent Tenant Attraction

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Cardiff HMO Letting Agent Tenant Attraction

High Yield Property Management Limited have over 12 years’ experience as a specialist Cardiff HMO letting agent managing Houses of Multiple Occupation (HMO) on a per room basis.

We have wealth of experience of attracting and managing professional, student and tenants in receipt of benefits on a per room, individual tenancy basis. 

In our role as a Cardiff HMO letting agent, we understand the importance of attracting housemates looking for a room to rent in Cardiff and the importance of mitigating void periods for our landlords.

Websites and Apps such as www.spareroom.co.uk have become a dominant force in attracting tenants who are looking for a room to rent in Cardiff, but property portals are only one cog in our well-oiled tenant attraction process.

This year alone online property portals have played a small part in attracting tenants who are  looking for a rom to rent in Cardiff with just over 10% of new housemates coming by way of an online property portal compared to 53% via organic search engines and 30% via our social media channels.

YearSearch EnginesSocial MediaProperty PortalsOther
202053.77%30.10%10.46%5.67%
201931.63%32.11%18.56%17.70%
201840.73%11.45%30.03%17.79%
201728.70%46.18%15.56%9.57%
201633.48%17.06%21.11%28.34%
Where are Cardiff Housemates come from

As a specialist Cardiff HMO letting agent we are continually tweaking our online presence to ensure we consistently rank on the 1st page of search engines such as Google and Bing for search terms housemates use when looking for a room to rent in Cardiff.  It is evident from the table above the importance of search engines in attracting housemates as this year so far over 50% of all new housemates have been a unique enquiry via a search engine. 

Therefore, if you are a self-managing HMO landlord or you are using a Cardiff HMO letting agent who does not rank well for search terms associated with room rentals and room only tenancies you are probably experiencing longer void periods in the current climate.

If you are a landlord with rooms to rent in Cardiff and looking to reduce your void periods, then look to employ a Cardiff HMO letting agent that does not just rely on property portals to attract tenants.  If you would like to employ the services of a Cardiff HMO  letting agent who are continually evolving their tenant attraction processes to eliminate void periods for then contact us using the form below.

More Cardiff Rooms Please

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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%

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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

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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

Cardiff Professional House Share Needed

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We need more rooms to rent in Cardiff for professionals
Cardiff landlords we need your professional rooms to rent

Cardiff landlords we have pre-referenced professional tenants looking to rent a room in house shares near University Hospital Wales and Cardiff Bay.

We have professionals looking for a house share close to University Hospital Wales
We need rooms close to UHW for housemates looking for a professional house share in Cardiff

We offer a competitively priced tenant find service and just charge £150 per tenant.  This includes accompanied viewings, credit check and AST.

We have a number of professionals looking to rent a room in Cardiff Bay
Cardiff Bay is a high demand area for professionals looking for a room to rent in Cardiff

If you have a vacant room in Cardiff, we can provide a quality pre-referenced professional tenant for just £150.00.

If you are a Cardiff landlord with a vacant room in a professional house share, contact ASAP to minimise your void period by calling 0845 496 0000 or email info@roomsincardiff.co.uk

Or alternatively complete the contact form below to arrange a call from one of the team.

Choosing a House Share in Cardiff: Laws and Licensing

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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

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HMO

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: