Vacant Property, Property Guardians and Rental Auctions [2022]

Vacant property is increasingly a management headache for landlords. It goes without
saying that it is unwelcome to have a property which is not producing income, and of
course there is money going out as well, to compound the problem: principally service
expenditure, insurance premiums, and business rates.
Security issues, which could otherwise be left to the tenant, fall upon the landlord when
a property is vacant. The state of repair, too, is an issue which can often be deferred
while a property is let, but which will be brought to a head when it becomes vacant.
All of these are fairly obvious matters, but there are a variety of other potential
problems which landlords should be thinking about.

Below are a number of matters that will be covered:

• Avoiding Acceptance of a Surrender
• Empty Rates
• Security and Insurers' Requirements
• Property Guardians
• Rental Auctions - What is Proposed & What are the Issues?