Are you looking for an affordable living space in London? Have you considered becoming a property guardian? In this article, we will discuss what a property guardian is, how it works and its benefits.
What Is a Property Guardian?
A property guardian is someone who lives in an unoccupied building to protect it from vandalism, squatting and other forms of damage. Property guardianship is a win-win situation for both the property owner and the guardian.
The owner is able to avoid paying for security while generating income from the rent paid by guardians. On the other hand, the guardians are able to secure affordable accommodation in prime locations.
How Does It Work?
Property guardianship works by matching people who are looking for affordable living spaces with owners of vacant properties. As a guardian, you will be required to pay rent which is generally lower than market rates. In return, you will be required to occupy and maintain the property as well as report any problems that may arise.
The Benefits
Affordability: As previously mentioned, one of the main benefits of becoming a property guardian is affordability. The rent paid by guardians is usually much lower than market rates which means that you can save money on housing costs.
Location: Property guardianship offers an opportunity to live in prime locations which may be otherwise unaffordable. Most properties available for guardianship are located in central London or other desirable areas.
Flexibility: Property guardianship offers flexibility as most contracts are short-term. This means that if your circumstances change or you find alternative accommodation, you can easily terminate your contract without any long-term commitment.
Social Interaction: Living as a property guardian offers an opportunity to meet new people and become part of a community. Some companies that offer property guardianship also organize social events for their residents.
Conclusion
In conclusion, becoming a property guardian in London is an affordable way to live in prime locations while also protecting vacant properties from damage. It offers flexibility, social interaction and a chance to be part of a community. If you are interested in becoming a property guardian, do your research and find a reputable company that offers the service.
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