Property guardianship is an arrangement by which people are granted cheap accommodation in return for living flexibly, often in desirable locations and unusual properties such as former commercial buildings like pubs, offices, police stations and even historically important properties. By the guardians' continued occupation these properties that would otherwise be vacant cannot be occupied by
squatter
Squatting is the action of occupying an abandoned or unoccupied area of land or a building, usually residential, that the squatter does not own, rent or otherwise have lawful permission to use. The United Nations estimated in 2003 that there ...
s.
The guardians typically pay a
licence fee
A television licence or broadcast receiving licence is a payment required in many countries for the reception of television broadcasts, or the possession of a television set where some broadcasts are funded in full or in part by the licence f ...
below market "rental" prices. Property guardianship is often provided on a month-to-month basis. Guardians can give 28 days' notice at any time and so can the guardian company.
A 2019 decision of The London Property Tribunal found that guardians were able to use Rent Repayment Order (RRO) legislation to apply for their rent to be repaid when the property was not licensed as a House of Multiple Occupation (HMO).
References
External links
*
{{Realestate-stub
Property
Renting