Vacant properties protected with the property guardian scheme normally pay council tax instead of business rates. Helping the property owner make valuable savings while the property is vacant. However, every property is different and, occasionally, there is some ambiguity over whether council tax or business rates should apply to a property guardian protected property. As local councils judge each property on a case-by-case, we've put together a blog post with advice for commercial landlords regarding the council tax v. business rates conversation. Keep reading to find out more.
How Can Property Guardians Help London’s Vacant Property Crisis?
According to recent research, there are at least 341,419 empty properties across Great Britain that have been vacant for at least 6 months. For context, that is a shocking total of 10.6 empty properties in every thousand - with a total value of £10.5 billion. Greater London accounts for a large proportion of this number, with 24,677 long-term vacant properties in the capital alone. While there is no quick fix to solve the London vacant property crisis, Property Guardianship is a flexible vacant property guardian security solution that puts the needs of the landlord and the community side by side.
What is the Best 24/7 Security for Your Vacant Property?
When it comes to 24/7 building security measures, there are three options for vacant property owners and managers: CCTV, On-Site Security Guards, and Property Guardians. Each offers a different level of security for a different price. In this article, we’re going to run through the pros and cons of each security measure to help you find the right choice for your property.