Overview

• Property guardianship places tenants in vacant buildings to maintain security and upkeep in exchange for reduced rent under a flexible licence.
• Pamplin’s Walthamstow warehouse licence bundles utilities, internet and council tax into a £480 monthly fee plus a £15 wifi charge, far below the £944 average room rent.
• Since moving in last August, she has trimmed roughly £5,000 off her annual housing costs and is using the savings for a holiday and a future home deposit.
• The converted warehouse features industrial air conditioning, powerful heating and two spacious communal living rooms that occupants furnish themselves.
• While licences typically require a six-month minimum stay, owners can reclaim properties with just 28 days’ notice if needed.