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New UK Figures Reveal A Surge In The Number of Empty Homes and Holiday Homes

Written by: Chris Georgallis 05/01/2023
  228       0
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The Growing Crisis: UK Sees a Surge in Empty and Holiday Homes

The UK housing crisis is worsening, with government figures revealing a 20,000 increase in long-term empty homes, now totaling 257,331. These homes have been vacant for over six months, exacerbating a decade-long crisis. Nearly 100,000 families are stuck in temporary accommodation, costing the country £1.5 billion annually. Building new homes alone isn’t the solution; bringing empty homes back into use is a more sustainable approach, as refurbishment has a lower carbon footprint than new construction.

Refurbishing empty homes offers multiple advantages:

  • The Benefits of Bringing Empty Homes Back Into UseProviding affordable, quality housing.
  • Improving the social, environmental, and economic conditions of local areas.

  • Reducing carbon emissions through thermal efficiency measures.

  • Combating homelessness and revitalizing communities.

  • Boosting existing housing resources without the need for new construction.

Calls for Government Action: A New Empty Homes Program

Housing experts are urging the government to launch a new program to fund and incentivize the reuse of empty homes. The number of long-term empty homes has risen by 20% since 2016, reaching over 257,000. With 100,000 homes lacking permanent residents, urgent action is needed. Measures could include stricter controls on Airbnb and support for communities seeking low-cost housing solutions.

The Impact of Holiday Homes on Local Communities

Holiday homes are a significant issue in UK staycation hotspots, outnumbering rental properties and making it harder for locals to buy homes. This trend also affects employment opportunities. Experts suggest solutions like increasing temporary accommodation, repurposing empty homes, and converting commercial properties to address the shortage.

The Rising Challenges for First-Time Buyers and Renters

Past generations faced fewer hurdles when leaving the family home, but today’s rising rents and mortgage rates make it increasingly difficult. For many, renting is unaffordable without a double income or shared living arrangements. The percentage of income spent on rent continues to climb, worsening the housing crisis for younger generations.

A Path Forward: Sustainable Solutions for the Housing Crisis

To tackle the housing crisis, a multi-faceted approach is needed. This includes:

  • Refurbishing empty homes to increase affordable housing stock.

  • Implementing stricter regulations on holiday and second homes.

  • Supporting local communities in their efforts to secure low-cost housing.

  • Exploring innovative solutions like repurposing commercial properties.

By addressing these issues, the UK can work towards a more sustainable and equitable housing market.



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