Void Periods At Record Low In August, While Average Rents Increased

average to just 11 days, the latest industry rental report has found. The shortest average void periods were recorded in the South West, where it took just five days to fill a vacant property in August, eclipsing the region’s previous year to date low of nine days, according to the report from property technology company Goodlord. It says that this was despite a big spike in average monthly rents in the South West, with costs in the region jumping up by 20% to £1,126, up from £942 in July. Last month’s figures were well above the South West year-to-date average rental cost of £938. Read more on the Property Wire website.

https://www.propertywire.com/news/uk/void-periods-at-record-low-in-august-while-average-rents-increased/