In response to an all-party Parliamentary group (APPG) inquiry, Propertymark has warned of several obstacles to widespread conversions of empty commercial property into residential housing.
The shift away from office-based working led the APPG for ending homelessness and the housing market and housing delivery to open the inquiry into the potential for utilising the growing number of disuse commercial buildings as a solution for the ongoing housing supply shortage.
Although it was supportive in theory, Propertymark’s response warned that not all commercial properties are financially viable, or suitable for residential use, even if a conversion could be made.
For example, many commercial properties are located away from community facilities, without enough natural light to serve once split into smaller residential units.
Propertymark called for Government to establish a set of achievable but high standards that converted properties have to meet, to prevent poor conversions that do not provide an adequate standard of living.
The response also highlighted issues with the planning system, including inconsistencies as to when planning is granted.
Increased clarity would make commercial to residential conversions more feasible on a national scale.
Henry Griffith (pictured), policy and campaigns officer at Propertymark, said: “Propertymark has long advocated for a range of measures to improve the housing supply crisis and very much welcomes this joint inquiry to explore converting commercial property as a potential solution.
“There are certainly instances when conversions can be suitable, however, we have made it clear in our response that the suitability of the property for conversion must be reviewed on a case-by-case basis.
“Commercial properties are incredibly varied and often require substantial work in order to be suitable for residential housing.
“Conversions must be made with the proper regard for the quality of living and suitability of the conversion, or we would risk the creation of low-standard housing and isolated communities when there are alternative measures to increase housing supply.”
