If you’ve ever dipped your toe in the rental property market, you’ll know there are always a range of factors at play, some of which are beyond your control. The economy could boom or bust. Changes to transport routes could dramatically impact demand in your area. And who knows, a global epidemic could hit! But there are lots of factors that you can control, and these become especially crucial if you’re struggling to find a tenant for your residential property. Every day that your property sits unoccupied costs you money, and this mounting pressure can cause some landlords to make rash decisions like accepting unsuitable tenants or selling when it is unwise to.
Four Ways Property Guardianship Can Help Communities During a Recession
What is the Difference between a Tenant and a Property Guardian?
Property Guardianship is relatively new in the UK, and for a while it went fairly unregulated. A few misconceptions emerged out of the ‘Wild West’ early days of property guardianship. We’d like to provide a little clarity on one of the main areas of confusion: the difference between a property guardian and a traditional tenant.