Londoners Move Into Vacant Buildings as Rents Rise

Property guardianship arrangements allow residents to live in vacant commercial buildings for licensing fees that are lower than typical market rents. The model has expanded in London in recent years as housing costs have risen. Residents occupy shuttered offices, closed schools, empty churches and out-of-business pubs.

Building owners receive some income and gain security from having occupants present, which can reduce risks of vandalism, break-ins and unauthorized use.

One resident living in a former police station cited advantages including reduced rent, a large bedroom and storage space in old holding cells. Drawbacks include the absence of a dedicated living room, monthly inspections and the possibility of short-notice removal.

Proponents state that the approach could address housing shortages by converting unused commercial space. They note that millions of square feet of such properties remain empty and could be adapted into habitable units.