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FAQ
- Why is vacancy management so important?
- What are the risks of property vacancy?
- What does this mean for the property?
- How does this affect the property owner?
- What does DEX Property Management provide?
- What is DEX Property Management's approach to managing vacancy?
- What are the benefits of using DEX Property Management?
- How much could I save by using DEX Property Management?
- What needs does the property have to meet?
- Would I need change of use consent?
- What about the legal structure?
- What do these contracts cover, in short?
- Who are these ‘guardians’?
- How does DEX Property Management guarantee guardian competence?
- What is the background of DEX Property Management?
- What kind of properties does DEX Property Management manage?
- What kind of clients does DEX Property Management work for?
- Summarized, what does DEX Property Management stand for?
Question: Why is vacancy management so important?
Answer:
Unmanaged vacant properties can cause many inconveniences for property owners.
Damage can be caused by:
* Squatters
* Thieves
* Vandals
* Natural events
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Question: What are the risks of property vacancy?
Answer:
* 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
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Question: What does this mean for the property?
Answer: * Impoverishment of the property.
* Water damage caused by unidentified leaks
* Burst pipes due to frost.
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Question: How does this affect the property owner?
Answer:
* A less attractive property for potential buyers or letters
* Depreciation of property value
* Unnecessary extra costs to repair the damage
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Question: What does DEX Property Management provide?
Answer:
* Property protection by occupation
* A carefree vacancy period
* Vacancy risk minimization
* 24-hour protection from inside the property
* Key holding and access control
* Routine inspection visits
* Utility checks and meter readings
* Minor technical maintenance and fire alarm checks
* Early leak detection and damage control
* Providing access to agents at 24-hour notice
* One of the live-in Guardians will fulfil the role of Principal Guardian
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Question: What is DEX Property Management's approach to managing vacancy?
Answer:
* Free risk assessment and plan of approach
* Custom product that fits the property,
* Custom service to suit your needs
* Thoroughly developed to meet legal requirements
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Question: What are the benefits of using DEX Property Management?
Answer:
* Very low startup costs
* Installing CCTV cameras is obsolete
* No need for boarding, screens and shutters
* Maintenance of the appearance and condition of the building
* A secure but well-presented property
* Site remains appealing to new buyers or lessees.
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Question: How much could I save by using DEX Property Management?
Answer:
* up to 50% compared to boarding up methods
* up to 80% compared to static security guard services
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Question: What needs does the property have to meet?
Answer:
* Basic facilities are active
* Electricity and water are active
* The property is water and wind tight
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Question: Would I need change of use consent?
Answer: No, your property still retains its original use.
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Question: What about the legal structure?
Answer: The legal structure is straightforward:
* Authorization Agreement between property owner and DEX Property Management
* Licence to Occupy between DEX Property Management and the guardians.
No tenancy rights are granted, to:
* DEX Property Management
* the Guardians.
All Agreements are written by a prominent law firm specialized in real estate affairs.
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Question: What do these contracts cover, in short?
Answer:
* No tenancy rights conferred
* Contract can be terminated with sixteen days’ notice
* Independently validated contracts
* Transparent and concise agreements
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Question: Who are these ‘guardians’?
Answer:
* Responsible residents
* Professionals
* Vetted key workers
* Carefully selected
* Flexible
* Rapidly deployable
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Question: How does DEX Property Management guarantee guardian competence?
Answer:
Through our three-stage selection procedure:
* Specific requirements check
* Extensive background check
* Thorough interview
Guardians are charged a minimal fee of £50 a week. Looking after the vacant property with care is regarded as the most important compensation.
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Question: What is the background of DEX Property Management?
Answer:
* London branch, covering all of (Greater) London
* 5 branches in the Netherlands
* Active since 1999
* Protecting hundreds of properties
* Providing living and working space for thousands of guardians.
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Question: What kind of properties does DEX Property Management manage?
Answer:
* Private residences
* Office buildings
* Factories
* Shops
* Schools
* Churches
* Post offices
* Military barracks
* Mansions
* Theatres
* Flats
* Police stations
* Fire departments
* Former embassies
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Question: What kind of clients does DEX Property Management work for?
Answer:
* Project developers
* Investors
* Private property owners
* Construction companies
* Estate agents
* Public authorities.
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Question: Summarized, what does DEX Property Management stand for?
Answer:
* Cost-effective
* Proven to be successful
* 12 years of experience in property protection
* Experienced in dealing with all types and sizes of property
* Transparent contracts protecting all your interests
* Contract can be terminated with sixteen days’ notice
* Professional and courteous service
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