Landlord Advice
How to Reduce Void Periods
Every week a property sits empty is a week of lost income - most of it is avoidable.
Landlord Advice
Every week a property sits empty is a week of lost income - most of it is avoidable.
If a tenant has given notice, marketing can typically begin immediately, so viewings and referencing are already underway before the property is even vacant.
An overpriced property sits longer and often ends up letting for less than an accurate initial price would have achieved, once the void period is accounted for.
A property that needs work before it can be re-let adds delay on top of the void itself - see our guide to preparing a property for letting.
Slow referencing loses good tenants to other properties. A managing agent with an established referencing process can move faster without cutting corners.