However, it is vital landlords realise void periods are part and parcel of the letting industry. It is best to allocate some funds which can be used in the event of the rental property lying empty. We help South West London landlords minimise void periods, but landlords should also view void periods as an opportunity.
When there is no tenant in place, there is an opportunity to make changes and improvements. In the long-term, these upgrades can have a hugely significant impact on the property. The right changes made to a rental property can attract a better standard of tenants, minimise void periods, and help a landlord generate a higher level of rental income. These are outcomes all landlords should be looking to enjoy, and we have some tips on what to do between tenancies.
Arrange a deep clean to take place
A clean property is an attractive property, and a deep clean is the most comprehensive way to clean a property. When there is no tenant in place, you have a genuine opportunity to make thorough changes to your rental property, and calling on a cleaning company ensures the work is carried out quickly and effectively.
While hiring cleaning professionals incurs a cost, it is a justifiable cost. Most landlords don’t want to spend the time cleaning the property themselves. This would also involve the landlord buying the cleaning equipment. There is also the fact it is unlikely the landlord would do as good a job as the cleaning professionals.
When the rental property has been cleaned to the highest standard, it will look more attractive in property listings, which means it will experience a higher level of demand. A professionally cleaned rental property is likely to attract a better standard of tenant. This may generate more rental income, and it may cause the landlord fewer problems with the management of the rental property.
Also, when a rental property is clean, a tenant is more likely to maintain this standard of cleanliness in and around the home. Conversely, if a rental property is messy and unclean from the beginning of the tenancy, the tenant is unlikely to be motivated to maintain a clean standard in the rental property.
Void periods allow you to check the rental property
When there is no tenant in place, you can check all appliances and features. This is the ideal time to call out a qualified professional to test electrics and gas networks. Landlords must be aware of Gas Safety and Electrical Safety regulations, and a void period is the ideal time to review the property, and make sure everything is up to standard.
We know void periods are a concern, but using this time wisely can help a landlord benefit in the long-term. If you need assistance in managing your South West London property, contact Holmes Estate Agents, and we will be delighted to help.