Average number of days to re-let properties
When a property is empty (void) we are unable to receive income for that property through rent and service charges. This means we have less money to spend on improving services and people’s homes. This is why it is important for us to re-let properties in the shortest time possible. Our aim is to re-let all properties within 14 days and this indicator tracks our average re-let time throughout the year.
Figures from November 2018.
We achieved an improvement in performance for this month and the best to date for the year with 23 properties let during the month. Average days to let in the North was 41.2 days across 9 properties. In the South, performance was 15.4 days across 14 properties.