Basement was formed in 2009 in Ipswich, England. On 17 May 2010, the band released their debut EP Songs About the Weather and in August, signed to Run For Cover Records. They released their first full length LP, I Wish I Could Stay Here, through Run For Cover Records in 2011. The band promoted the release through several tours, including tours to Australia and two American tours with label mates and friends Daylight.
In 2012, the band recorded its second and final album, Colourmeinkindness, which was released 23 October 2012. Following the announcement of the record, the band announced that they would be entering an indefinite hiatus following several final shows in the United States and United Kingdom.