Void period on rental property in the UK 2020-2023, by region
The amount of time where a rental property is unoccupied and therefore generates no income for the landlord is known as a void period. Void periods are a major reason for the loss of expected rental income for landlords. The average length of void periods differs across regions in the United Kingdom. Understanding the trends of void period lengths could enable a landlord plan accordingly to minimize the impact on their expected income through careful cost planning and budgeting.