August can be a busy month for landlords. Families may move before the new school year, while others may relocate for work. This can leave some rental properties empty between tenants. Finding new tenants can take longer in rural areas, where fewer people may be looking to rent. However, with the right planning, you can reduce the time your property stays empty. Here are some simple ways to manage an empty rental property and prepare for your next tenant.
Related: How to find good tenants?
Why can rural properties stay empty in August?
August can be challenging for rural landlords, as families prepare for the new school year, tradespeople get busy and fewer tenants may be looking in the area. Longer travel distances can also make viewings harder to arrange. Planning ahead can help reduce delays and find tenants sooner.
How much does an empty property cost?
When your property is empty, you lose rental income but still have bills to pay, such as mortgage payments, council tax, utilities and repairs. Waiting several weeks for a tenant willing to pay £50 more each month could cost you more in lost rent. Setting a fair asking rent can help you find tenants sooner.
How to prepare before your tenant leaves
The best time to prepare for a new tenant is before your current tenant moves out.
1. Set a fair rental price
Look at similar rental properties nearby. Think about the property’s size, location, parking and transport links. A fair price can attract more interest and help reduce the time your property stays empty.
2. Arrange repairs early
Check your property for problems such as leaking taps, blocked drains, broken windows, damaged fences or heating issues. Arrange repairs early so the property is ready for your next tenant.
3. Book tradespeople in advance
Plumbers, electricians and cleaners can be busy during summer. Contact them before your tenant leaves and arrange any work that needs doing. This can help prevent delays between tenancies.
4. Check your property documents
Make sure your property has the required safety documents, including a valid Energy Performance Certificate (EPC), an up-to-date gas safety record where required, and a valid electrical safety report (EICR). Having these ready can help avoid delays when finding a new tenant.
5. Set a target for finding tenants
Set a realistic target for finding a new tenant. If interest is low, review your asking rent, photos and property advert to see what could be improved.
Related: Beyond Compliance: How Letting Agents Help Protect Landlords
How to attract tenants to a rural property
Rural homes can attract tenants looking for more space and a quieter lifestyle. Good marketing can help you reach them.
Show what makes your property special
Use clear photos and simple descriptions so people know what to expect. Highlight useful features such as:
- Gardens and outdoor space
- Parking or storage
- Good broadband connections
- Nearby shops, schools and transport links
Make travel information clear
Include details about nearby schools, shops, transport links and travel times to help tenants decide whether the property suits their needs.
Offer video viewings
Offer short video tours to help tenants who live further away decide whether to book a viewing, saving time for everyone.
Check tenants carefully
Finding a tenant quickly is helpful, but choosing the right tenant is more important. Carry out the necessary checks, including affordability and references. Under the rental rules in England, landlords cannot ask for or accept rent before a new assured tenancy agreement is signed. After signing and before the tenancy starts, they can generally request up to one month’s rent in advance when rent is paid monthly.
Related: New restrictions on upfront rent: practical landlord options
How to look after an empty property
An empty property still needs regular checks for leaks, damp, mould, damage and security issues. Keep meter readings and check your insurance rules. If you live far away, ask a trusted local person or letting agent to inspect the property.
Keep a record of empty periods
Record how long your property stays empty, how many enquiries you receive, which adverts work best and how long repairs take. This can help you plan better and reduce empty periods in the future.
Finding the right tenant matters
An empty property can be costly, but rushing to find a tenant can lead to bigger problems later. Good planning, fair pricing and regular maintenance can help you reduce empty periods without cutting corners.
If you need help managing your rental property, contact your nearest Mullucks office. Our local lettings team can help you prepare your property, find suitable tenants and manage your rental.
