Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Void costs up 58% as landlords lose nearly £1,100 per empty period
The cost of rental voids has climbed by almost 58% in three years, according to new analysis. The average landlord is now estimated to lose almost £1,100 in rental income each time their property sits empty between tenancies.
The figures come from property management firm Rushbrook, which analysed average void periods and rental values across England to determine the estimated financial cost of a property remaining empty between tenancies. The firm compared the latest 2026 figures with data from 2023.
What this means for agents and clerks
For letting agents and inventory clerks, the findings put a figure on the gap between one tenancy ending and the next beginning. Every day a property remains unoccupied carries a direct income cost for the landlord, and the analysis suggests that cost has grown substantially over the three-year period examined.
Efficient turnarounds between tenancies, including prompt check-outs, clear inventory reporting and swift re-letting processes, are central to keeping void periods short. While the source report does not break down the causes of longer voids, the headline figures show why landlords have a stake in minimising time between tenancies.
The comparison between 2023 and 2026 shows the estimated loss per void period rising sharply, combining the void periods and rental values analysed across England.
Source: Landlord Today