The pace at which rental properties are changing hands cooled slightly in January as the market hit a more reasonable pace following a flurry of activity throughout December, with all regions recording a rise in voids.
The average void period in England rose from 18 days in December to 20 days in January – a rise of 11%. Voids are, however, continuing to stay low compared to year-on-year figures – with voids in January 2022 down 16% compared to voids in January 2021, according to the latest rental index from Goodlord.
The South West saw the biggest increase in voids last month – jumping up from 18 days up to 26. There was also a big shift in the North West, where averages rose from 17 to 22 days.
Read the full article on: Property Industry Eye | FEBRUARY 3, 2022 | MARC DA SILVA
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