February 15, 2023
Void periods are when your property is standing empty and there’s no rent coming in. As a property investor, it’s essential you keep voids to an absolute minimum because they’re a double financial hit:
As a landlord, you have an obligation to protect your tenants. And under the Homes (Fitness for Human Habitation) Act 2018 and the Control of Substances Hazardous to Health Regulations (2002), you have a specific legal responsibility to keep your rented property safe and free from health hazards.
When there’s an emergency at a rental property, it’s got to be responded to quickly and dealt with effectively, so the impact on both your tenants and the property is kept to a minimum.