Property technology firm, Goodlord, has revealed a double dose of good news for UK landlords this week with August seeing void periods down and rents up.
According to the findings, void periods dropped to record lows across the UK in August, with average void periods standing at just 11 days. At the same time, several regions saw a spike in average rental costs, bringing the national average to a year-to-date high.
Goodlord’s latest Rental Index shows void periods were significantly below the year-to-date average in every region monitored across August.
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.