Property guardianship

The former premises of the Society of African Missions in Lyonsdown, London, is now occupied by property guardians.
SMA House, Lyonsdown.

Property guardianship is an arrangement by which people are granted accommodation within a property in exchange for keeping the property under observation and in good condition, with their continued occupation providing a disincentive for the property to be occupied by squatters.[1] Commercial properties can be covered by this arrangement as well as residential properties.

The occupier typically pays rent below market rates. Property guardianship contracts typically offer less security than rental properties.[2]

References

  1. ↑ "London rents: Guardian schemes offer cheap alternative". BBC News. 7 November 2015. Retrieved 2015-11-09.
  2. ↑ Norwood, Graham (10 January 2010). "Property guardian schemes are a cheap way to rent a home with character. But you won't stay long". the Guardian. Retrieved 2015-11-09.

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