We recently asked whether security deposits are quickly becoming a thing of the past.University halls don’t ask for one at all, most purpose-built student accommodation blocks want just £100, whereas private landlords usually ask for the equivalent of a month’s rent, so we thought we’d weigh up the pros and …
'Thanks' to university halls and purpose-built student accommodation, they're certainly on the decline, but it could well mean more rental income for landlords. Our Senior Property Advisor, Rhys Owen, explains more... We’ve been reporting for some time that the Cardiff lettings market is an increasingly competitive arena for landlords, with more supply …
Over the past 15 years we have housed thousands of student tenants into their ideal student room. They have told us their experience so we put together the tips and advice into this guide on choosing the suitable student room for you. Types of accommodationYou will probably spend your first …
Last week we speculated on how the tenant fee ban will affect landlords, agents and tenants. You can read our thoughts here.At CPS Homes, we've forecasted that we'll lose 35-40% of our income following the ban.As such, like virtually every other agent, it's inevitable that we will have no choice …
CPS Homes is concerned to read Welsh Government’s proposals to change the way landlords can regain possession of their property.A consultation process is currently ongoing and, if the Government gets their way, the changes will mean landlords are forced to wait at least 12 months to recover possession.How does it …
We have become the first agent in Wales to stop charging fees to new and existing tenants.Housing over 7,000 Cardiff residents every year, we've taken the decision to stop charging tenants now; a month before Welsh Government's nationwide ban comes into force on 1st September.We've known about the ban coming …
In what has been widely stated as the biggest change to hit the lettings industry in decades, the ban on agents charging fees to tenants in Wales comes in on 1st September 2019.But it's been the law in England since June, so we already have a good idea of what …
Our Senior Property Investment & Market Advisor, Rhys Owen, issues advice to Cardiff landlords on guaranteeing tenants for many years to come.You may have read our recent article on the state of the PBSA market in Cardiff.Whilst we predicted more than half will fail to reach 100% occupancy for the …
Cardiff Bay turns into a hive of activity at the slightest sight of the sun – and the area's property market is no different.We've registered 87 prospective buyers and 141 prospective tenants in the last two weeks, suggesting that the warm weather evokes the “I'd love to live in the …
Read how accepting a reduced deposit can mean extra rental income. We recently took on a new landlord client whose property had fallen vacant under the stewardship of his previous letting agent. He’s been kind enough to write us a quick review of his experience with us to date. “My property became …
