According to a popular Conservative Party blog, the contest could be concluded at early as 21st July, which is when the summer recess begins. So the ”caretaker“ period may not last long.
Edit: In fact it's the initial stages (the MPs voting to eliminate all but two candidates) that are set to conclude on 21st July. Then there is a campaigning period of several weeks followed by a full membership vote in late August or early September.
This post was edited by Reverend Muhammadovsky at July 13, 2022 2:29 PM MDT