![]() ![]() Getting an expert to help isn’t as expensive as the TV shows and magazines would have you believe. ![]() The figure speaks for itself, but there are more details in our full guide. So, what’s the result of DIY interior design? Well, 28% of landlords saw their rental figures drop in the last year. And yet only 4% hired an expert interior designer to help them. 94% of landlords said they understood the importance of interior design for keeping voids at bay and increasing rental figures. To really sell the lifestyle that comes with your property, it needs an expert eye. They just know whether a place is right for them. People get a “feel” for properties the second they walk through the door. Having just the bare bones of a property to show tenants simply doesn’t cut it anymore. We know that tenant expectations have increased massively in the last couple of decades. Your property needs to be up to scratch to avoid lengthy voids because you know the landlord down the street won’t let their property fall behind the times.Īnd just what is the full cost of an unappealing, untenanted property? It’s close to £1500 per month! For a complete breakdown of the costs compared to the length of void periods, make sure to download our Landlord Insights guide now. Around 4.4 million households rent their homes, so the amount of competition landlords face is staggering. There are a lot of properties on the rental market. 6% even think a void period lasting longer than three months is a likely scenario. These days, 72% of landlords expect void periods to last at least one month. ![]() At one point, it would have taken a landlord just a couple of weeks to find new tenants. The length of void periods between tenant occupancies has risen drastically. Our full guide is available now to download, but here’s a quick snippet of our findings. ![]() Some of the responses we were able to predict and others came as a shock. We recently surveyed landlords from across the UK to get their insights on the current market. A temporary suspension on Stamp Duty, tenant eviction bans, fluctuating property prices we’ve seen it all and more just in the last year.īut how have these changes affected landlords up and down the country? Has it been a winning combination, has it created the need for a new strategy or has it left some throwing in the towel? If there’s one thing we can say for sure about the rental market in the UK, it’s that the sector is always changing. ![]()
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