Amid financial uncertainty, investment opportunities in Britain's immigration system are emerging. The Home Office is appealing to landlords to house asylum seekers with guaranteed five-year rental agreements through private contractor Serco. This approach aims to reduce costs compared to the £5.5 million daily expense of accommodating asylum seekers in hotels. There has been a record surge in small-boat migrant crossings, predicted to exceed 50,000 this year, pushing the government to explore cheaper housing solutions as part of its asylum system management efforts.
The government is spending £5.5 million a day housing 38,000 asylum seekers in hotels, which is significantly more than it would cost to use private rentals.
With small boat crossings predicted to exceed 50,000 this year, the government is looking for cost-effective housing solutions to manage the increasing number of asylum seekers.
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