Looking For Affordable Short-Term Accommodation?
Posted on December 13, 2019.
Why not try Property Guardianship?
In this day and age, house prices are rising quicker than the average wage, making it seem near impossible to get on the property ladder. This is particularly evident in London, where many households have no choice but to spend over a third of their income on rent alone!
With these struggles in mind, many residents in the UK benefit from finding affordable short-term accommodation through the Property Guardianship scheme.
What is the London Housing Crisis?
The London Housing Crisis affects millions of people every single year and has become a significant contributor to poverty and inequality. With rent taking at least 40% of most individuals’ incomes, leading a stable life while saving up for a mortgage is out of the question.
Although Property Guardianship doesn’t alleviate the housing crisis, it does give renters looking for short-term accommodation the chance to live in affordable spaces.
What is Property Guardianship?
Property Guardianship involves paying a small amount of rent to live in a building that would otherwise be vacant. These properties can range from public schools and offices to residential flats and bungalows.
Benefits of becoming a Property Guardian include living in a supportive community with extremely flexible living arrangements. And, of course, you save a lot of money while doing so! More often than not, you get to enjoy a much larger living space for less than a traditional rental flat.
How Property Guardianship helps short-term renters find a home
As a Property Guardian, you can save up to 60% on rental costs. This figure alone has been enough to convince thousands of renters in the UK to switch to the Property Guardianship scheme and benefit from affordable accommodation.
The Property Guardianship scheme is a win-win for everyone involved; property owners won’t have to worry about the security of their vacant building, and renters will save money residing in an environment which is usually unaffordable.
With so many vacant properties available through our Property Guardianship scheme, it’s never been easier to find affordable short-term accommodation in these tough times.
Who benefits from becoming a Property Guardian?
Property Guardianship is a viable option for anyone over the age of 21 and in full-time employment. However, millennials, in particular, benefit greatly from this scheme.
As it stands, millennials are spending nearly a quarter of their income on housing, placing a huge dependence on stable employment and income. This has led to a 52% increase in evictions amongst millennials since 2010!
Property Guardianship enables young working professionals to live in and around London at an affordable cost.
How to save money and become a Property Guardian
If living in London seems out of the question for you, becoming a Property Guardian while saving up could be the answer.
Global Guardians have been providing properties and bringing a sense of communal living back to London since 2011.
Interested in finding out more? It’s free to become a Property Guardian and view our available spaces!