{"id":24787,"date":"2019-12-10T16:05:54","date_gmt":"2019-12-10T16:05:54","guid":{"rendered":"https:\/\/ihbconline.co.uk\/newsachive\/?p=24787"},"modified":"2019-12-09T17:18:50","modified_gmt":"2019-12-09T17:18:50","slug":"home-protect-report-unoccupied-homes-in-england-now-up-at-almost-1","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=24787","title":{"rendered":"Home Protect Report: Unoccupied Homes in England now up, at almost 1%"},"content":{"rendered":"

\"houses\"Home Protect reports that there are currently more than 200,000 properties sitting vacant in England, nearly 1% of the total number of properties in the entire country, and a 0.06% increase in unoccupied properties from 2013-2018.<\/h3>\n

image: Open Government Licence v3.0<\/em><\/h6>\n

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Home Protect writes:<\/p>\n

Studying government figures [1] and our own HomeProtect data, we investigated property trends across England to identify the areas with the highest volume of vacant dwellings and how things have changed over the last five years. Property expert Emily Evans was also able to shed some light on the reasons why there are so many empty homes both across the nation as a whole and in such high volumes in certain areas.<\/p>\n

Where are the most unoccupied properties located?<\/strong><\/p>\n

As you may expect, Greater London is home to the highest number of unoccupied properties in the whole of England. Of over 3.5 million properties in total across the city and surrounding areas, 22.5k are long-term vacants, with 8% of these sitting in the Borough of Southwark alone. The London Boroughs of Croydon (7%), Camden (5%), Lewisham (5%) and Kensington & Chelsea (5%) are also hot on its heels, making up the bulk of the empty dwellings. And, what\u2019s more, 19 in every 500 homes in the City of London are currently unoccupied.<\/p>\n

Evans explains that ‘Southwark, especially, is home to a lot of part-time homes and Airbnbs; whereas, the southern parts of the borough are classed as more \u2018up and coming\u2019 areas, meaning a lot of properties will be bought and renovated there.\u2019<\/p>\n

While Greater London accounts for approximately 1 in 10 unoccupied properties in England, property vacancy isn\u2019t a trend isolated to the capital. Outside of London, Birmingham takes the number one spot for the highest number of vacant properties of all other districts (4.3k), closely followed by Bradford (4.1k) and Liverpool (3.7k).<\/p>\n

‘Due to the cost of properties in the main cities like London being so high over the last 5 years, landlords have been turning to cities like Birmingham and Liverpool,\u2019 says Evans. \u2018They\u2019re not as easy areas for letting in, however, so many of these properties are staying unoccupied for longer. These cities are also popular \u2018weekend break\u2019 locations, so the properties could be used as Airbnbs.’<\/p>\n

Looking at the broader picture, large metropolitan cities are the predominant contributor to the total number of vacant dwellings, however, smaller coastal towns and cities are also experiencing a high volume of empty homes.\u00a0 2% of the total properties in Blackpool, Lancashire are unoccupied, as well as 2% in North East Lincolnshire; and 2% in Torbay, Devon.<\/p>\n

\u2018The first reason for there being a large number of unoccupied properties near the sea is because they\u2019re being used as holiday homes. Secondly, it will be because of renovation,\u2019 says Evans. \u2018A lot of homes on the coast will be old cottages that require work – that people are buying and doing up.\u2019<\/p>\n

Why so many properties are sitting empty?<\/strong><\/p>\n

There are various reasons why a home may be vacant, including that they\u2019re up for sale, in probate, under renovation, are occupied solely during the week or at the weekend, have been bought as an investment or have simply been abandoned.<\/p>\n

\u2018Multi-millionaires will buy properties with no intent of even using them as a home or holiday home, but purely to be held as an investment,\u2019 says Evans. \u2018Another reason is Airbnb – The Government has made it difficult to be a landlord, meaning landlords are now selling up or choosing to adopt the \u2018Airbnb\u2019 holiday home model, over a traditional residential let.’<\/p>\n

Also, if you register your property as \u2018business premises\u2019, you may not have to pay council tax, so people letting their home on Airbnb are able to do this. So, the \u2018unoccupied\u2019 property figures might not necessarily mean they are permanently unoccupied, but just not occupied as a normal residential let.\u2019<\/p>\n

According to HomeProtect data covering insured properties, the areas with the highest number of dwellings used as a weekday home are Fenland in Cambridgeshire and Kensington and Chelsea in London. On the other hand, the areas with the most properties used as weekend homes are Ryedale in North Yorkshire, Cherwell in Oxfordshire and Mid Devon in Devonshire.<\/p>\n

Evans voices that \u2018the reasons for the high volume of holiday homes in these areas could be our ability to easily travel around more [with the likes of Zipcar car rental services and high-speed rail connections], resulting in an increased awareness of the beautiful areas in the UK. People will now buy holiday homes here rather than buying abroad.\u2019<\/p>\n

A growing trend or on the decline?<\/strong><\/p>\n

Looking at the five-year period from 2013-2018, the government data signifies that there has been a 0.06% increase in unoccupied properties across England. This said, at closer look, there was a substantial dip in the number of vacant properties between 2013 and 2017 \u2013 falling to 200,145 before hiking back up to 216,186 in 2018 to almost match the 2013 figure of 216,050.<\/p>\n

The areas that experienced the most dramatic increase in empty homes between 2013-2018 are The City of London and Croydon, which have each seen an 81% rise. Outside of London, the Isles of Scilly in Cornwall has seen a 100% increase, York in North Yorkshire has seen a 71% increase and Slough in Berkshire has seen a 50% increase.<\/p>\n

It works both ways, however, and many areas have also experienced a drop in the number of vacant dwellings between 2013-2018. There has been a huge -394% decrease in Westminster, for example, -189% in Herefordshire and -135% in Manchester.<\/p>\n

It\u2019s interesting to shed some light on not just where the most unoccupied properties are located across England, but why there are so many vacant dwellings across the nation. As we\u2019ve unearthed, the changing nature of the letting market is one of the key contributors to the number of vacant homes. More and more properties are being used as Airbnbs \u2013 especially in popular \u2018weekend break\u2019 locations such as Birmingham and Liverpool – meaning they will often sit empty in between bookings or are simply not registered as occupied homes. Similarly, many are also being used as part-time or holiday homes by their owners. Another somewhat controversial reason, is that many properties \u2013 particularly in London – are bought solely as investments, resulting in them sitting empty for long periods of time.<\/p>\n

Vacant properties can be more susceptible to fire and other hazards, so if you\u2019re leaving a property unoccupied for longer than 30 consecutive days you may want to consider specialist unoccupied property insurance. HomeProtect\u2019s vacant property insurance covers for loss or damage to the structure of the property, legal expenses and cover for renovation, and offers access to an emergency helpline.<\/p>\n

Emily Evans has been an Estate Agent and Property Developer for over a decade, owning her own property management company in the South-West of England. Emily is also planning to advise the Government on the housing market to help change people\u2019s lives….<\/p>\n

Read more….<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home Protect reports that there are currently more than 200,000 properties sitting vacant in England, nearly 1% of the total number of properties in the entire country, and a 0.06% increase in unoccupied properties from 2013-2018. image: Open Government Licence … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-24787","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/24787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24787"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/24787\/revisions"}],"predecessor-version":[{"id":24788,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/24787\/revisions\/24788"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}