How to reduce void periods: strategies to keep your properties let year-round

Void periods represent one of the biggest financial challenges for landlords. Every week a property sits empty results in lost income and additional costs, yet many voids are preventable with proactive and strategic property management.

In this blog we explore practical strategies to reduce void periods, attract reliable tenants and keep your property occupied year-round with effective pricing, marketing and maintenance.

Present your property at its very best

First impressions make a significant difference. A clean, modern and well-maintained home is far more likely to attract interest quickly. Fresh paintwork, updated fixtures, functioning appliances and a tidy exterior encourage tenants to commit sooner. Even small, cost-effective improvements can dramatically increase appeal.

Price competitively to attract interest

Setting the right rent is crucial. Overpricing leads to fewer enquiries and prolonged vacancy, while a competitive price encourages more applications and increases your pool of potential tenants. Regularly reviewing rental trends helps ensure your property remains well positioned in the market.

Offer flexibility to widen your potential tenant base

Being open to flexible move-in dates, tenancy lengths or pet-friendly policies can make your property appealing to a broader group of renters. Flexibility reduces friction during the decision-making process and can help secure a tenant more quickly.

Invest in high-quality marketing

Professional photos, floorplans and detailed descriptions can significantly boost online engagement. Many tenants shortlist properties before viewing, so strong marketing materials are essential. Video tours also increase visibility, especially for remote or relocating renters.

Retain existing tenants through positive relationships

A happy tenant is more likely to renew their agreement and less likely to leave unexpectedly. Prompt responses to maintenance issues, respectful communication and fair rent reviews all help build loyalty. Retention is one of the most effective ways to reduce void periods.

Consider incentives when appropriate

Sometimes, offering small incentives, such as covering the first week’s rent or including certain amenities, can secure a commitment quickly. While optional, these incentives often cost far less than an extended void period.

Looking to minimise void periods? Contact us today for expert letting strategies that keep your property occupied and performing at its best.