{"id":133377,"date":"2023-10-11T12:30:19","date_gmt":"2023-10-11T11:30:19","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=133377"},"modified":"2023-10-11T12:30:19","modified_gmt":"2023-10-11T11:30:19","slug":"co-living-answer-uks-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/co-living-answer-uks-housing-crisis\/133377\/","title":{"rendered":"Is co-living the answer to the UK’s housing crisis?"},"content":{"rendered":"

A report by the British Property Federation (BPF) has investigated the increasing popularity of co-living, and how it can play a role in easing the UK’s housing crisis<\/h2>\n

There is a growing demand for the government to formally acknowledge the significance of co-living in the upcoming revised National Planning Policy Framework <\/a>(NPPF).<\/p>\n

Co-living is defined as a residential living model in which three or more unrelated people live in the same housing unit.<\/p>\n

The style of living could play a crucial role in easing the UK\u2019s housing crisis<\/a>. The demand for rental properties in the UK significantly outweighs the supply, with a shortage of 11,716 in London alone.<\/p>\n

Urgent solutions to the housing crisis are needed<\/h3>\n

This trend is expected to continue, and the need for more construction of new homes and diverse housing options has never been greater.<\/p>\n

The trend initially became popular in London and other major cities but is increasing in popularity across the UK.<\/p>\n

It offers a more affordable, professionally managed housing option that was previously lacking. Co-living options often come with flexibility in lease length and the sense of community among residents.<\/p>\n

The BPF has called for more policies around co-living<\/h3>\n

To ensure the continued growth and maturation of co-living, the BPF urgently calls for the following:<\/p>\n