London's Housing Crisis: 336,000 Households in Need as Waiting Lists Reach 10-Year High
Published: 03/02/2025
Latest government figures paint a stark picture of London's social housing crisis. A staggering 336,336 households are currently on the waiting list for social housing, the highest number in over a decade. This shocking figure is a 32% increase since 2014, demonstrating the mounting pressure on the UK’s housing system.
These figures mean that over 183,000 Londoners, 1 in 50 people, are currently homeless and living in temporary accommodation. This surge in homelessness has forced London boroughs to spend an estimated £4 million daily on temporary accommodation, a 68% increase on the previous year.
Nickolds Property Management is a leading provider of social housing solutions.
London Councils have warned of a £700 million shortfall in social housing finances between 2023- 2024 and 2027-2028. This financial stream has been attributed to a combination of factors, including soaring costs and the previous government’s cap on social rent.
Amidst this crisis, Nickolds Property Management is cementing its position as a leading provider of social housing solutions, including emergency accommodation and HMOs (Houses in Multiple Occupation). Operating in Hertfordshire, Essex, and Bedfordshire, Nickolds offers a range of housing options just outside of London, helping to alleviate the pressure on the capital’s overstretched housing supply.
Nickolds is committed to tackling the UK's chronic housing shortage. The company plays a vital role in reducing homelessness by offering diverse housing solutions tailored to different needs. In addition to providing accommodation, Nickolds assists with transportation and relocation, collaborating with local charities and authorities to support vulnerable individuals and families.
As London faces an increasingly overwhelmed social housing market, Nickolds Property Management is a trusted solution for those needing housing solutions just outside of London.
At Nickolds Property Management, we're a family business committed to making a difference in our communities. Our focus is on providing housing solutions for the vulnerable and homeless in Hertfordshire, Essex, and Bedfordshire. With a compassionate approach, we strive to create positive impacts and help those in need find a place they can call home.
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