Allowing a guardian, or guardians, to occupy your property has much to offer, and may even contribute to saving you money on your vacant property insurance premiums. What are the benefits for you?
The benefits of occupation
Leaving a property you own unoccupied is to truly waste its potential, but there are some more tangible benefits that occupancy by a guardian can offer you as a landlord.
1. Security
Vacant properties face a number of risks. Whether it’s graffiti, vandalism, or the ever-present risk of squatters, your property could face serious damage. The risk of this, naturally, becomes greatly reduced when the building is occupied. If it’s a large building, the higher the occupancy will mean the less the risk. Combined with your standard security measures, your building will be better protected overall.