Case Study – Housing Estate Decant Using Property Guardians

Empty property security

Background:

As part of an extensive London regeneration project, a G15 housing association needed to decant a large housing estate.

Because of its prominent, central location the building was classes as high risk and vulnerable to anti-social behaviour and squatting.

As the housing association rehomed tenants, DEX Property Guardians were instructed to move into the empty flats, to provide live-in security in return for affordable, central rental solution.

Solution:

  • As each flat became available, DEX Property Management carried out a risk assessment of the property.
  • Once the properties were certified, DEX Property Management made each flat habitable – painting, carrying out electrical/plumbing work, carpeting and supplying white goods were necessary.
  • When ready, fully vetted property guardians were placed in the property to deter antisocial behaviour and provide reassurance for existing tenants.
  • DEX Property Management carried our regular checks and maintenance of the property.

Handback:

Over a 3 month period, property guardians were moved out of the flats. As each flat became free, soft stripping of that unit could begin. DEX property guardians still live in 4 of the most vulnerable flats to ensure the site remains secure until redevelopment starts. The majority of DEX property guardians have moved on to secure other properties for DEX Property Management.

Outcome:

  • Property guardians provided a cost effective and flexible live-in security solution for the client throughout the decant process.
  • Rather than paying for security the housing association were able to create a revenue stream.
  • Tenants felt safer as they weren’t surrounded by empty, vulnerable property.
  • Buildings were well maintained, and antisocial behaviour was prevented, benefitting the local community.
  • An affordable rental solution was provided to 164 property guardians over a 3 year period.

Property Guardianship can save you thousands with your empty property security. As a leading Property Guardian Provider, we take the headache out of the entire process. Our trained staff are on-hand to answer any questions you may have about registering your property with DEX Property Management. Call us today on 0800 0855 994 or register your interest here.

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