Weak occupier demand and stalled progress on regeneration schemes has led to property owners and managers facing increased risks and costs associated with all types of vacant property. Among the biggest concerns are vandalism and squatting, because where there are empty buildings, squatters soon follow.According to the government, there are an estimated 20,000 squatters in the UK. You only have to open a newspaper to see the increasing number of news stories reporting on vacant properties being taken over by squatters. A ￡40m building between High Holborn and Oxford Street in London was recently taken over to host an illegal party.
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