Cardiff HMO Letting Agent Tenant Attraction

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.

Landlords lure Students with iPads & More

Yesterday a post appeared on Property Tribes “London landlords lure students with iPads as university fees bite”.  The article was first published by Reuters news agency highlighting the incentives London landlords are offering to attract student tenants as student numbers are dropping in the capital due to introduction of university fees and tighter restrictions being imposed on the number of non-EU being able to obtain a Student Visa.

Student accommodation as always be looked upon as a safe property investment with excellent annual returns but is student housing reputation looking a lot more shaky?

The problem isn’t just affecting small landlords it’s proving problematic for corporate organisations too.  Irish owned O’Flynn Group, Carlyle Group’s Pure Student Living and Quintain Estates are among developers who have struggled to fill student rooms in London this year after the British government tripled maximum university fees to 9,000 pounds ($14,400), triggering a 12 per cent fall in numbers from Britain and the EU.

Investment in student housing has risen from 350 million pounds in 2009 to some two billion pounds in the first nine months of 2012, data from CBRE Group showed. Investors are attracted by high occupancy rates and stable income streams.

Read the full article from Reuters >>> here.

Back in September Rooms in Cardiff published a post titled “Cardiff Student Housing or Professional House Share?” which highlighted the fall in student numbers across the UK, Wales and Cardiff with the aim of providing an alternative use for large family houses, Multi Let property and House of Multiple Occupation (HMO) in the Welsh capital.

The aim of the post was to draw landlord’s attention to professional house share a real alternative to Cardiff Student housing.  There is huge demand for professional house share in Cardiff as well as fantastic annual returns as professional tenants require your House of Multiple Occupancy (HMO) 12 months of the year.

As a landlord and owner of a House of Multiple Occupancy (HMO) in Cardiff you are ideally placed to utilise your property more efficiently and take advantage of the growing professional house share market.  So if you are interested in moving away from Cardiff Student housing have Rooms to Rent in Cardiff why not contact Rooms in Cardiff to discuss how we can help you find professional tenants for your professional house share with our low cost, fixed price £120 tenant finder service.

We can also provide landlords with a complete HMO Rent Guarantee scheme taking the complete hassle out of HMO and Multi Let management, with no void periods, no set up fees and no maintenance costs; we can provide a guaranteed rental income for a 12 month plus period.

Contact Rooms in Cardiff on 0845 496 0000 or email info@webletz.coc.uk to discuss how you can diversify into the professional house share market in Cardiff and across South Wales.