How Property Guardianship Can Reduce the Cost of Living
12 October 2022
Property Guardianship is an innovative and modern way of protecting and managing vacant properties and comes with a variety of benefits to both Guardians and property owners.
In central London, the average annual cost of rent is £26,316. With the increase in the cost of living and no foreseeable changes in the average income, it is becoming increasingly difficult to afford accommodation in the city.
For Guardians themselves, Property Guardianship offers the chance to live in affordable accommodation, whilst still being in a prime location. At Live-in Guardians, our properties offer cost-effective living solutions for young professionals and key workers, who might otherwise be priced out of a particular area. We offer 28-day rolling contracts, starting from £75 per week, and there are no hidden management fees. Property Guardianship provides Guardians with an affordable alternative to what could otherwise be an incredibly high monthly expense.
Owning and keeping a vacant property can lead to significant costs for owners. Property Guardianship from Live-in Guardians offers owners a cost-effective way to keep their property secure.
By having their property occupied around the clock, owners can be assured that their property is safe and secure. It also allows owners to become eligible for business rate relief, which can alleviate expensive business rates on a property that isn't being used for its intended purpose.
A Property Guardian is someone who has entered into an agreement to live in a building or part of a building that would otherwise be empty, for the primary purpose of securing and safeguarding the space. At Live-in Guardians, our Guardians are vetted individuals chosen by us.
The responsibility of Property Guardians is primarily to secure and safeguard a property. Keeping a property occupied deters potential intruders from targeting the property and protects owners from the risk of squatters. Guardians, however, are not required to undertake any security functions other than occupying the property, nor are they expected to endanger themselves in protecting the property. We provide Guardians with 24/7 emergency numbers in the event of a threat or risk to you or the property. Additionally, if there are any maintenance problems such as leaks or electrical issues, our in-house maintenance team is on hand to rapidly conduct remedial works.
Live-in Guardians are the market leaders in vacant property protection, offering a mutually beneficial arrangement for both Property Owners and the Guardians themselves. Owners can secure their property, whilst Guardians can access affordable accommodation in prime locations.