Bighous

We are thrilled to announce that Wealth & Finance International has recognized Bighous as "UK Best Impact-Focused Social Housing Investment Solution Provider" for the second consecutive year! Read the full article > https://lnkd.in/g5EXPVd9 Despite the challenges posed by Brexit, COVID-19, and most recently the financial macro environment, Bighous has remained steadfast in its mission: to make a tangible, positive impact on those most in need of housing across the UK while offering a meaningful investment opportunity for those committed to social and financial impact. Our Founder, Paolo Casamassima, remarked, “We are honored to be acknowledged once again as the #UK's most impactful social housing solution provider. I like to think at Bighous as a collective effort of a dedicated small team that includes builders, housing managers, maintenance crews, social housing and charity partners, investors, brokers, and non-executive directors, all working together to deliver impact through ‘Homes that Transform Lives.’ Currently, an astonishing 1 in 200 UK households continues to live in temporary accommodation, a figure that has more than doubled from 48,000 in 2010 to 112,000 in 2023. This year alone, we have housed over 100 vulnerable individuals across our properties, and we continue to operate at full occupancy across all our assets. Our long-term leases and contracts safeguard our cashflows from inflation and the historically high interest rate environment." We extend our heartfelt thanks to everyone who has supported and continues to support us throughout the years: Lee Dillon Ian McLennan Mark Precious Nick Arbuthnott michele t Alessandro Casamassima Andreas Posavac Yulia Casamassima Tomasz Bilakiewicz, CFA Anneline Brown Steve Lemka Aashna Puri Emma T. Thibault Poutrel Jon Metcalfe jon bowles Steven Hogg Pastor Mike Robins Serco Bedspace Resource Ltd YMCA Liverpool & Sefton Pinehirst David Domingues Edward (Ned) Voelcker Russell Gould Compassion UK Jamie Broderick #esginvesting #socialimpact #ESG #socialimpactinvesting #homelessness #circulareconomy #housinguk #charity #affordablehousing #impactinvesting #housingcrisis

Why UK scores worst on homelessness. Some shocking facts revealed in this recent FT article. Summary: - The main form of homelessness is people living in temporary accommodation, the main driver is an inability to afford housing. In UK an astonishing 1 in 200 households currently lives in temporary accommodation. - After declining for several years, the number of English households living in temporary accommodation more than doubled between 2010 and 2023 from 48,000 to 112,000, the highest figure since records began. - Relative to population size, the UK builds fewer homes than the vast majority of other developed countries. This has sent private sector rents spiralling, exacerbated by a 25 per cent shrinking of the social housing sector since the 1970s, slowly closing a crucial safety valve. The homelessness crisis is at its heart a crisis of housing supply and affordability, and on both scores Britain fares the worst. #socialhousing #homelessness https://lnkd.in/dJG9PDgA