It’s been a busy summer across the buy-to-let marketplace. An array of landlords remain well placed to benefit from some highly favourable conditions as competition heats up across the lending arena, rental income is strong and a lack of good quality stock continues to fuel demand. Another important factor within this is improving rental voids and this trend was evident in recent data from Goodlord.
This outlined that the North West saw the biggest month-on-month decrease in void periods in August, with its average dropping from 20 days in July to 18 in August – a decrease of 10%. London and the East Midlands also saw their average void period reduce in August, by one day.