What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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How to Avoid Void Periods in Your Rental Property
Void periods are one of the biggest frustrations for landlords. Every empty day is a day of lost income—and worse, it still costs money. From mortgage payments to council tax and maintenance, the bills don’t stop just because there’s no tenant. So how can you avoid them?
The truth is, most traditional landlords struggle with this because they’re relying on private tenants, agents, or self-management. At Citywide Housing Group (CHG), we do things differently—and our landlords never worry about voids.
Why Do Void Periods Happen?
Void periods can affect any landlord, especially when property management isn’t proactive. Here are the most common reasons properties sit empty:
Tenant Turnover: Long gaps between tenants due to slow re-letting or lack of interest.
Poor Marketing: Low-quality photos or vague listings reduce interest.
Overpricing: Rent that’s set too high for the area deters potential tenants.
Bad Timing: Listing during low-demand seasons (e.g. Christmas) can slow down uptake.
Unappealing Condition: Outdated interiors or required repairs turn tenants away.
Lack of Flexibility: Strict tenancy terms (e.g. no pets or short leases) limit your pool of applicants.
Unresponsive Management: Missed enquiries, slow viewings, or poor communication delay lettings.
High Competition: Oversupply of similar rentals in the area.
Neighbourhood Decline: Issues in the local area may reduce desirability.
Property Not Meeting Compliance: EPC, gas safety, or licensing issues can halt tenancies.
At CHG, we eliminate all of this by managing everything for you and paying you whether the property is empty or not.
Your Top 10 Void Period Questions, Answered
1. What is a void period in property letting?
A void period is the time when your property is empty and not generating rental income—usually between tenancies.
2. How long do void periods usually last?
It depends on the area and market demand, but voids often last between 2 to 6 weeks for private landlords.
3. Why do void periods cost landlords so much?
You still pay the mortgage, council tax, and utility bills while receiving no rent—so it’s a double financial burden.
4. How can I reduce void periods with my property?
Typically, by improving marketing, pricing appropriately, and responding quickly to enquiries. Or you can eliminate voids entirely with CHG’s consistent rent model.
5. What’s the risk of frequent void periods?
Frequent voids reduce your annual yield, hurt cashflow, and increase stress from repeatedly finding new tenants.
6. Can I still face voids if I use a letting agent?
Yes. Letting agents may help with marketing, but they don’t guarantee occupancy or rent payment.
7. What if I can’t find new tenants quickly?
This is where landlords lose the most. With CHG, we cover that risk by paying you even when the property is vacant.
8. Is there a way to completely avoid voids?
Yes—by choosing a guaranteed rent scheme like Citywide Housing’s, which offers consistent monthly payments regardless of tenant status.
9. How does CHG eliminate void periods?
We take on your property under a 3–5 year agreement, manage all tenant placement and turnover, and pay you every month without fail.
10. Is guaranteed rent only for social housing?
Not at all. While we work with social housing providers, our scheme benefits any landlord who values consistent income and hands-off management.
How Our Guaranteed Rent Scheme Works
We’ve designed our scheme to eliminate uncertainty, remove hassle, and ensure landlords enjoy reliable income from day one.
Here’s how we make sure you get paid:
Step 1: Get in Touch
Contact us today by phone or complete our online form to schedule a free, no-obligation property consultation.
Step 2: Property Assessment
We’ll visit your property to assess its condition, provide recommendations for any necessary improvements, and ensure it meets all required standards.
Step 3: Compliance & Handover
We manage the entire compliance process, carry out any necessary repairs, and arrange for an inventory check before officially handing over the property.
Step 4: Consistent Rent Begins
Once everything is in place, we take care of the property management, and you’ll start receiving consistent rent every month.
Even if the property is empty. Even if tenants miss payments. Even if issues arise.
We handle it all—from tenant sourcing and inspections to repairs and legal compliance—so you don’t have to.
Our lease agreements typically run for 3–5 years, providing total peace of mind and guaranteed income with no hidden fees or surprise costs.
Where We Work in Bradford & Surrounding Areas
Our guaranteed rent scheme is active across Bradford and key neighbouring towns:
Keighley & Silsden: Ideal for affordable homes with strong rental demand
Bingley & Shipley (incl. Saltaire): Great for family and professional lets
Ilkley & Baildon: Higher-end homes benefit from hands-off management
Thornton, Haworth & Queensbury: Perfect for heritage and semi-rural landlords
Denholme, Wilsden & Cullingworth: Semi-rural communities with consistent demand
Wherever your property is, we can help you avoid voids and secure consistent income.
How Citywide Housing Group Supports Landlords
At Citywide Housing Group, we specialise in helping landlords secure guaranteed income with long-term leases. Our approach ensures:
Full Property Management: From tenant management to maintenance, we take care of everything so you don’t have to.
Compliance and Legal Support: We ensure that all your properties meet legal requirements and comply with housing standards.
No Hidden Fees: We believe in transparency, with no surprise costs—what we agree on is what you get.
Local Expertise: Our team is familiar with the Leeds housing market, ensuring you get the best returns for your property.
FAQs About Guaranteed Rent for Leeds Landlords
Our leases typically last between 3 to 5 years, offering landlords long-term stability.
Even if your property is vacant, you will still receive guaranteed rent payments.
Yes, you can sell your property at any time, but your guaranteed rent payments will continue until the end of the lease agreement.
Contact us for a free property assessment and see how our guaranteed rent scheme can benefit your Leeds property.
How to Get Started with Citywide Housing Group
If you’re ready to secure fixed, reliable income with no voids or arrears, it’s time to join the growing number of landlords in Leeds benefiting from guaranteed rent schemes.
Contact Citywide Housing Group today to schedule your free property assessment and discover how we can help you unlock the potential of your property.
For more information, visit Citywide Housing or call us at 0113 323 0678.
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