Rejoice - rental voids reduce

The National Landlords Association (NLA) have reported a fall in void periods in private-residential property. 

The NLA report data showing that only 33 per cent of landlords experiencing vacant periods in the last three months, down 13 per cent from a year ago. 

Their data shows that the North East struggled the most with voids, with 54 per cent of landlords have experienced empty periods in the last three months. London, unsurprisingly reported the lowest rate, with just 20 per cent. 

The average length of a rental void also fell. Down from 69 days from Q1 2012 to 60 days.

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