Landlords have been hit with a 26% increase in the cost of void periods in the past year, equivalent to lost income of almost £200 per landlord.
A new analysis has been made of average void period data from March 2024 and March 2025, alongside average monthly rent change in that same time period, to reveal how the cost of void periods has changed in the past year.
In March 2024, landlords in England experienced an average void period of 18 days between one tenant moving out and another moving in. By March 2025, this had increased by three days to create an average void period of 21 days.
The largest increases in average void period have been recorded in West Midlands and East Midlands, both of which have seen an annual increase of five days to reach a March 2025 average of 25 days and 23 days respectively.
Meanwhile, Yorkshire & Humber and the North East both saw the average void period increase by three days.
Only London has seen a fall – by just one day to an average of 15 days.
For landlords, an increase in the average void period results in an increased loss of rental income.
In March 2024, England’s average rent sat at £1,285 per month. As such, the average void period of 18 days effectively cost landlords an average of £760 in lost rental income.
One year later, the average rent sits at £1,386 per month. Therefore the average void period of 21 days costs the landlord £957; an average annual increase of £196, or 25.8% in lost income.
Landlords in the East Midlands have endured the largest percentage increase with lost income growing by 38.4% on the year, equivalent to an additional cost £183.
Meanwhile, the biggest cash cost increase has been endured by landlords in the West Midlands where a void period cost increase of 33.7% is equivalent to additional lost income of £191.
Even in London, the only region in which the average void period has decreased, the increase in rent values — growing from £2,056 in March 2024 to £2,243 in 2025 – means that the average cost of voids has still increased by 2.3%.
The research was undertaken by Dwelly.
This article is taken from Landlord Today