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Void period vs arrears: what’s the difference for cash flow?

A void is an empty property with no rent. Arrears is a tenant falling behind. Here’s the difference and why it matters for cash flow.

Published: 02/04/2026 • Last verified: 02/04/2026

The short answer

A void period is when a rental property is empty between tenants, so you receive no rent.

Arrears is when a tenant is in the property but is behind on rent payments.

Both can hurt landlord cash flow, but they’re different risks — and you often track and plan for them differently.

A tiny example

If your rent is £1,200/month:

  • A one‑month void is roughly £1,200 of rent not received.
  • Arrears might start as one missed payment (also ~£1,200), but can grow if the tenant falls further behind.

In both cases you may still have costs (mortgage, insurance, service charges, repairs), which is why landlords often stress‑test with a void allowance.

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