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Rental voids edge up following hectic December

Rental voids edge up following hectic December

The pace at which rental properties are changing hands cooled slightly in January as the market hit a more reasonable pace following a flurry of activity throughout December, with all regions recording a rise in voids.

The average void period in England rose from 18 days in December to 20 days in January – a rise of 11%. Voids are, however, continuing to stay low compared to year-on-year figures – with voids in January 2022 down 16% compared to voids in January 2021, according to the latest rental index from Goodlord.

The South West saw the biggest increase in voids last month – jumping up from 18 days up to 26. There was also a big shift in the North West, where averages rose from 17 to 22 days.

Read the full article on: Property Industry Eye | FEBRUARY 3, 2022 | MARC DA SILVA

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