There are over 216,000 empty homes across the UK, enough supply to eradicate homelessness!
Empty properties are a wasted resource, to the owner and to the community as a whole. Long-term vacant homes now account for £53.6bn of property.
There is a huge need for housing of every type across the UK and empty properties which could otherwise be made available for housing are a wasted resource.
So why do empty homes matter?
1. The cost
In our experience, the longer a property is left vacant the more it will cost to bring it back into habitable condition as properties deteriorate when unused as maintenance is not carried out and issues such as leaks and damp go unnoticed. The opportunity cost of leaving a property empty is huge. Lost rent costs owners tens of thousands a year. The owners of empty properties remain responsible for utilities so the burning costs such as council tax, utility standing charges and maintenance can cost a significant sum. If the external condition of an empty property is bad, this can have a knock on impact on the value of other properties in the surrounding area.
2. Affordable housing
Bringing empty homes back into use increases the overall supply of housing helping local councils to meet their housing needs. Eradicating empty homes would help could help in supplying affordable housing to meet the need of the homeless and those in temporary accommodation.
3. For Local Residents
Ensuring properties are occupied makes local residents feel more secure and reduces the risk of vandalism, anti social behaviour and fly tipping. Vandalised and graffitied empty homes can feel depressive and have an impact on the prices and condition of adjoining homes through dampness and structural issues. Occupied spaces help to maintain safe neighbourhoods and increases the general sense of community.
4. For The Local Economy
Bringing an empty home back into use encourages economic vitality and can increase spending in the local economy. Unsightly homes deter investment in an area and can lead to decline or area blight.
5. For The Wider Community
Removing the negative impact of empty properties helps to boost the well-being of communities. Reduced demand on services such as the Fire and Rescue Service, the Police and Council Services such as Environmental Health means that resources can be used more effectively elsewhere
We want to encourage and help owners and managers to bring them back into use.Property guardian protection reduces the number of disused homes in the UK. Tackling empty homes is our focus and we believe that the social benefits attached to creating affordable accommodation is huge. Our service offers a win win solution for the owners of buildings and the guardians who occupy the space.