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✍️ Property guardianship, a housing arrangement where people can live in vacant buildings in exchange for reduced rent, is gaining popularity among professionals seeking affordable accommodation.
👉 Property guardianship is a housing arrangement where people can live in vacant buildings in exchange for reduced rent.
👉 The trend is gaining popularity among professionals seeking affordable accommodation.
👉 Property guardians are typically given 28-day notice to vacate a property.
👉 The demand for guardianships has skyrocketed in recent years, driven by the cost of living crisis and rising private rental costs.
#LukeWilliams #ArthurDuke #DaisyMangan #RebeccaLudden #IanHorton #GrahamSievers #EastLondon #London #Bedford #Dunstable #world
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Older people from more diverse backgrounds are now taking advantage of reduced rents in often unusual spacesA top-floor, open plan property in a trendy east London neighbourhood would be expected to set you back thousands of pounds a month, but Luke Williams is paying just a fraction of that.The 45-year-old programme manager is one of a growing number of professionals turning to property guardianship – a housing arrangement where people can live in vacant buildings in exchange for reduced rent. Continue reading...
https://www.theguardian.com/money/2025/apr/25/i-like-the-weird-and-the-offbeat-the-rise-of-the-uk-property-guardians