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Make sure your empty property is protected from squatters

Published: 29/06/12

Central London continues to be an attractive proposition to squatters – with many properties remaining empty due to owners residing outside of the UK or owned by overseas buyers. In addition the fall in property values has meant that some developers may have been forced to leave their property empty as they wait for new funding or until the market picks up.

And it appears that squatters are becoming increasingly savvy at targeting prime sites that they know to be unoccupied and for longer periods. London has always attracted those looking for employment from the provinces and overseas. Perhaps more significantly the European wide recession has seen an increase in organised squatters from Central Europe in London and other UK cities.

The digital age gives all of us, including criminals, better/easier access to information via the internet on such as vacant properties, their own legal rights and due process – as a result we’ve seen many more cases end up in court.

Vacancy rates in commercial property have also soared over the course of the economic slowdown leading to a surge in squatters occupying empty shop and office premises.

Prevention is still the best security option as costs to the landlord can spiral from wilful damage, theft of fittings, cleaning and clearance costs to those of project delays, loss of sales/rent and legal expenses.

Flint has joined with The Clearway Group to put together an Empty Property Security Checklist – download by clicking here.

Clearway can help protect vulnerable property with high quality steel security screens and doors and alarms – see their website for further information.

If your property is empty and you need advice on the best way to protect it – please contact Dawn Charlesworth on 0845 371 1452 or by email dawncharlesworth@flintinsurance.co.uk.

Empty Property Security Checklist PDF


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