Asset protection specialist VPS Security Services, warns that the ongoing Brexit saga is likely to lead to a rise in vacant properties, both commercial and residential, as property developers and investors are even more reluctant to move forward with their UK real estate strategies.
Despite a serious housing shortage, there remain over 200,000 homes in the UK that have been empty for 6 months or longer, and as commercial rentals slow down, especially in the retail sector, there is a growing movement to ‘repurpose' commercial properties into housing, even temporarily.
