Low Cost Living: LIG Featured in Estates Gazette
September 04, 2014
Young, Professional and priced out, an article showing the appeal of Live-in Guardians.
Meet Tim Lowe. He is 26, a graduate property surveyor and temporarily homeless. Fed up with shelling out close to £1,000 a month on rent, he moved out of his flat in Brixton and is now on a mission to find out what alternatives London has to offer people on median incomes. Over the next four months he will be moving every three weeks to scope out the options and report back on his findings and experiences. First stop – a disused office building above a Kwik Fit in north London. This is Lowe Cost Living.
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Vacant property security means more than alarms and occasional patrols. Live-in guardianship delivers continuous, active protection through vetted individuals living in your empty building, providing 24/7 deterrence against squatting, vandalism, and theft while reducing your security costs and empty business rates in one solution.
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If you're holding vacant property during planning delays, refurbishment, or a protracted sale, you already know the arithmetic: business rates on empty buildings, insurance, periodic patrols, boarding maintenance, and the constant anxiety about break-ins or squatters.
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When a building is vacated, most owners think about security and cost mitigation. They are right to do so – the financial impacts of squatting, poor maintenance and business rates stack up quickly. Few however think beyond the financial value of a building. Managed correctly, a period of vacancy presents the opportunity to put the building back to work and generate real social value.