Rental voids fall by 15%

According to letting agent LSL Property Services the average void period amongst the landlord portfolios that they manage has fallen by 15% over the year.

In October 2009 the average rental remained unoccupied for 36.4 days per year but this dropped to 30.9 days in October 2010.

On top of this their research shows that landlords expect this trend of falling voids to continue. with nine in ten landlords expecting void periods to be lower than four weeks in the next 12 months.

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