6 Months Rent in Advance for Cardiff Landlords

Are you a Cardiff landlord with a vacant property?
Would you like 6 months’ rent in advance and a whopping £2000 bond?

£ in hand
We are keen to hear from Cardiff landlords with vacant single let properties and Houses of Multiple Occupation (HMO).
To find out how you can receive 6 months rent in advance please complete the contact form below to receive a call from one of our team:

St David’s Day Offer

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To celebrate the Patron Saint of Wales, the thawing of the snow and the start of Spring, High Yield Property Management, the low cost letting agent based in Cardiff are offering the following deals to landlords throughout March 2018:

  • Advertise your room or property to let on Spareroom and Zoopla for just £20.00 for a 3 month period
  • No tenant find fee (normally £150.00) for the whole time we manage your property whether single let or HMO when you switch your property management over to us in March 2018
  • Still our low cost, fixed price property management solution of :
    • £50.00/Month for single lets
    • £100.00/Month for HMOs

Get in touch via email info@HighYield.Property or call us on 0845 496 0000 our complete the online form to take advantage of our March 2018 offers.

No Gas Safety Certificate No Section 21

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We thought we would bring this to the attention of landlords and followers of our blog.

On the 2nd February 2018 an appeal was upheld, and a Section 21 possession claim was dismissed as the landlord serving the notice had not complied with the requirements of Regulation 2 of the Assured Shorthold Tenancy Notices and Prescribed Requirements (England) Regulations 2015, in that a gas safety certificate had not been provided to the tenant at the start of the tenancy, before the tenant took up occupation.

In the case of Caridon Property Ltd v Monty Shooltz at Central London County Court the landlord failed to provide the tenant with a valid gas safety certificate at the beginning of the tenancy but did provide one some 11 months into the tenancy, prior to issuing a Section 21 notice.

Although this decision was only made at county court level in London and will likely be heard at the court of appeal it certainly hammers home the importance of issuing the prescribed documents at the beginning of each tenancy as well as having a clear paper trail that the tenant actually took receipt.

A second case has come to our attention In Assured Property Service Ltd v Ooo a District Judge has held that a Section 21 notice is invalid because the landlord failed to provide the tenant with a gas safe certificate at the outset of the tenancy.

The landlord was initially awarded possession using the accelerated possession route, but thi was appealed by the tenant on the basis that the section 21 notice was invalid because she had not been given a gas safe certificate at the commencement of her tenancy pursuant to s.36(6) of the Gas Safety (Installation and Use) Regulations 1998.

What ismore alarming the court suggested that the failure to serve a gas safety certificate at the outset of the tenancy was a breach that could not be rectified and so a section 21 could never be served in respect of this tenancy.

If you would like to swap your property to a low cost letting agent based in Cardiff that reduces your operating costs while maintaining high levels of customers service, please complete the contact form below:

Renting Homes (Wales) Act 2016 – Fitness for human habitation – Consultation

A must read for all landlords in Wales. Well you’re tucking into a mnice pie over the festive season download the consultation Fitness for human habitation Consultation and have your say!

HWA2016

The Welsh Government is seeking your views on proposed regulations, made under section 94 of the act, for determining if a dwelling is fit for human habitation.

The Welsh Government is consulting on:
• the content of the regulations, including the specific requirements to be placed on landlords
• the draft guidance on the regulations.

The consultation will end on the 12th of January 2018 so make sure you download straight away and have your say!

High Yield Property Management are landlords, property investors and low cost letting agents based in Cardiff who’s aim is to keep landlords operating costs down by offering low cost property management at just £50/month while maintaining high levels of customer service and keeping Welsh landlords up to date on changes to legislation and on the right side of housing law!
New landlords who swap to our low cost Cardiff letting agent offering before the end of December 2017 can take advantage of our free tenant find service, follow the link to find out more Cardiff low cost letting agent Christmas giveaway

If you would like to swap your to a low cost letting agent based in Cardiff that reduce your operating costs while maintaining high levels of customers service, please complete the contact form below:

Rent Smart Wales Bangor Agent Prosecution

simpsons judgeBangor based Letting Agent, North Wales Property has fallen foul of the legal requirement to be licensed under the Rent Smart Wales regime and has been fined £1,000 and ordered to pay £300 costs plus a £50 victim surcharge costs for trading without a licence at Cardiff Magistrates Court.

The Rent Smart Wales scheme requires all landlords renting property in Wales to register with it and for letting agents to be licensed – a requirement which includes training. Any landlord who performs a property management function, such as tenant find, must also be licensed or use a licensed letting agent.
Don’t fall foul of the Rent Smart Wales legislation and ensure you only used an accredited Cardiff Letting Agent such as High Yield Property Management. We are a low cost Cardiff based letting agent charging a low cost fixed price of just £50.00 per month to manage your property and just £150.00 tenant find service.
As experienced landlord our ethos is simple, to increase our client’s rental income without compromising on customer service.

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New landlords who swap to our low cost Cardiff letting agent offering before the end of December 2017 can take advantage of our free tenant find service Cardiff low cost letting agent Christmas giveaway

If you would like to increase your Cardiff rental yields and take advantage of our low cost letting agent Christmas giveaway saving you THOUSANDS of pounds please call us on 0845 496 0000 or complete the contact form below to receive a call from one of our professional property managers.

 

Cardiff Low Cost Letting Agent Christmas Giveaway

We want you to make High Yield Property Management THE low cost letting agent of choice in Cardiff this Christmas! NEVER pay to find a tenant again! We are giving away our Tenant Find service absolutely FREE for the whole time we manage your property.

The first 5 Cardiff landlords sign up to our low cost letting agent service (that costs just £50.00 per month for single let property management and £100 per month for Houses of Multiple Occupancy) by the end of December 2017 will NEVER pay to tenant their Cardiff property again. We will find them absolutely FREE of charge every time their property becomes vacant while we manage it.

If you would like to increase your Cardiff rental yields and take advantage of our low cost letting agent Christmas giveaway saving you THOUSANDS of pounds please call us on 0845 496 0000 or complete the contact form below to recieve a call from one of our professional property managers.

Changes to Accelerated Possession in England and Wales


Her Majesty’s Courts & Tribunals Service (HMCTS) has updated the N5B accelerated possession claim form.

The N5B form is used by those seeking possession of a property let under an assured shorthold tenancy on the expiry of a Section 21 notice. The process is referred to as accelerated because the court usually makes an order for possession without a hearing. However, the old form had long been considered out-of-date because it failed to address the changes to the validity of a Section 21 notice introduced by the Deregulation Act 2015 and Housing (Wales) Act 2014.

The new form N5B now requires landlords to respond to certain questions including:

  • Was the landlord registered?
  • If Yes, state the registration number
  • Was the landlord licensed?
  • If Yes, state the license number?
  • Had the landlord appointed a licensed agent to be responsible for all the property management work in relation to the dwelling?
  • If Yes, give the details of the licensed agent:
  • Was a money deposit received in relation to the tenancy or in relation to a tenancy directly or indirectly replaced?
  • On what date was the prescribed information given?

There are some differences to the N5B form for England as landlords will be required to provide information relating to the following questions:

  • When was the deposit lodged?
  • Has a valid EPC been given free of charge to the tenant?
  • Has a copy of the gas safety record been given to the tenant?
  • Has the tenant been given a copy of the then current document ‘How to Rent: the checklist for renting in England’?

The new form must be used by those seeking possession through the accelerated route now and certainly for those assured shorthold tenancies that commenced on or after 1 October 2015. Those issuing their claim form in Wales will need to use form N5B Form Wales.

At High Yield Property Management we aim to provide landlords with a low cost fixed price property management solution for just £50.00 per month and a tenant find service for just £150.00 without compromising on our exceptional levels of customer service.

If you would like to increase your rental income and receive a professional property management service from experienced landlords based in Cardiff do not hesitate to contact us via telephone 0845 496 0000 or complete the contact form below to receive a call from one of the team.

 

 

Cardiff Letting Agent Fee Ban

Fees-Banned-Image-800wideIt has been confirmed, letting agents in Cardiff and up and down Wales will no longer be able to charge tenants fees!

After a consultation of 700 respondents the Labour-led administration’s housing minister – Rebecca Evans said:

“The analysis shows that the majority of respondents, including a significant number of landlords, support a ban on fees being charged to tenants. Today, therefore, I am re-affirming the Welsh Government’s commitment to take action to ban fees being charged to tenants in the private rented sector … Officials will also begin a programme of engagement with stakeholders to share information and help us shape detailed plans about how future legislation would work in practice.”

More details are to be released on the implementation early in 2018.

As a landlord and Cardiff Letting Agents we understand this fee ban will have a huge impact on the traditional letting agent’s business model who will ultimately look to pass on additional costs to landlords.

However, at High Yield Property Management Limited we are appreciate that landlords are already being attacked financially on several fronts including increased taxation, increased legislation and increased finance costs, that’s why we offer a low cost fixed price property management solution.
For just £50.00 per month we will manage you Cardiff investment property and find your next tenant for just £150.00.

If you would like to increase your rental income and receive a professional property management service from experienced landlords based in Cardiff do not hesitate to contact us via telephone 0845 496 0000 or complete the contact form below to receive a call from one of the team.

 

 

Cardiff Low Cost Property Managment

At High Yield Property Management our low cost property management solution doesn’t mean a drop in our customer services levels for landlords or tenants.

We manage your Cardiff property for a monthly low cost fee of just £50.00 and will find your next tenant for the low cost of just £150.00.

We understand that landlords are under attack in the form of increased taxes and legislation resulting in increased costs. Our low cost property management solutions enable Cardiff landlord’s to increase their rental yields while fulfilling their legal responsibilities by employing a Rent Smart Wales accredited property managers.

If you would like to take advantage of our low cost property management solution please call us on 0845 496 0000 or complete the contact form below:

 

Property Wanted in Butetown, Grangetown or Splott

Cardiff Landlords I urgently need 3 or 4 bedroom properties in Butetown, Grangetown or Splott.  I have several clients looking to rent houses in these areas long term so can offer you a long term guaranteed rental income!

Our Cardiff rent guarantee scheme takes away the hassle of being a landlord as we manage your property and pay you an agreed rental income on the say day of the month every month whether your property is tenanted or not!

If you have a 3 or 4 bed property in Butetown, Grangetown or Splott areas of Cardiff and would like to continue receiving all the benefits of owning a rental property without having to worry about being paid the rent or dealing with tenants day to day, do get in touch as we can guarantee you receive 90% to 100% open market rent for a period of 3 or more years.

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