Residential landlords in the UK see lowest void periods for 13 years

The length of void periods experienced by residential landlords in the UK has fallen to its lowest level since 2002, according to new research.

Void periods are the length of time between tenancies, with Property Wire reporting that these stood at an average of 2.4 weeks during the first quarter of 2015, analysis from Paragon Mortgages shows.

Average void periods have been decreasing in length since 2013, perhaps due to landlords working more closely with letting agents to ensure their properties do not stay empty for too long. If however your property does stay void for long periods, you might qualify for council tax property exemptions and discounts. More information on exemptions and discounts is available on the WHBC website.