Avoid Void Periods – Letting Focus

Reservation Fees, Letting Agents and Avoiding the Void Periods

January 9, 2013 David Lawrenson

LettingFocus has found some letting agents to be very frit* about taking reservation fees from tenants – and posits some reasons why. Landlords who set out to minimise periods when a property is empty (or “void periods” in the landlord vernacular) always market the property as soon as the current tenants have given notice of their intention to leave. (Of […]

The Private Rented Sector Will Not Entertain Void Periods and Local Authorities and Housing Associations Need to Understand This

November 14, 2011 David Lawrenson

Letting agents, local authorities and housing associations must start to understand that private landlords want to let fast and won’t entertain void periods. Many council and housing association schemes with private landlords fail to meet this need. All smart landlords (and smart letting agents who know their business) know that minimisation of the “void period” is critical to success in […]