Risks involved in property vacancy
Material damage
Leaks, frozen systems and other technical problems can cause a lot of damage. But think too of the material and financial consequences of arson, vandalism and burglary. And don’t forget that squatters may occupy vacant properties.
Non-material damage
In short, vacancy can lead to a deterioration of your building, extra costs, delays in selling, letting or demolishing it, and much unnecessary work and nuisance. What’s more, in a residential district vacancy may cause a feeling of insecurity among existing tenants.
Protecting your vacant property with Guardians, DEX Property Management acts as a safeguard against vacancy risks:
- Squatting, illegal entry and occupation
- Fire, caused by illegal occupation and/or short-circuiting
- Theft and criminal damage
- Vandalism, broken windows and graffiti
- Fly tipping, illegal dumping of waste and vehicles
- Illegal commercial exploitation such as parties and cannabis farms
- Flood and storm damage
- Public liability claims