When a rental property isn’t tenanted it’s called a ‘void' or 'vacant’ period. This is bad news for both the landlord and the property. Because not only is valuable rent not being collected, but no-one is there keeping an eye on the property and highlighting any issues.

To avoid the void, you should make sure:

• Your rental price is competitive.
• Your property is being presented in tip top condition. Does it need an overall refresh or perhaps a bathroom or kitchen face-lift?
• You choose an ARLA licensed agent to help you let your property, and chose one who has experience renting a property like yours.
• You consider if being enticed by cheaper fees will end up cheaper in the long run: lower fees won’t be beneficial if the property isn’t let.
• If an offer is made you consider the whole picture. For example, it might be a lower offer than you’d hoped for but come with a longer fixed-term tenancy.
• You contact your insurance company to understand your policy cover levels, when the property isn’t let many companies reduce levels.

Lots of companies offer vacant management services. Our basic service, for which we charge a monthly fee, includes a monthly visit (this often means you meet your insurance policy requirements), the monitoring of alarms and heating systems, meter readings, forwarding post, and so on. Your local office can give you the full details. 

Most importantly, listen to your agent’s advice. They can tell you about market conditions and what rent levels and rent periods are realistic at this time of year. 

Further information

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