Void period on rental property in the UK 2020-2024, by region

As of May 2024, London had the shortest average void period across all regions in the United Kingdom (UK). Rental properties in that month stayed vacant for 18 days on average. West Midlands, on the other hand, had the longest void period of 24 days. The amount of time when a rental property is unoccupied and therefore generates no income for the landlord is known as a void period. Void periods are a major reason for the loss of expected rental income for landlords. The average length of void periods differs across regions in the United Kingdom. Understanding the trends of void period lengths could enable a landlord plan accordingly to minimize the impact on their expected income through careful cost planning and budgeting. According to landlords, the demand for rental properties has increased significantly.