The solution for occupiers who outstay their licence?
You may have seen in the news this week, Lifestyle Club London has launched a novel solution to manage its residential property – it runs a membership club for its properties.
This approach has received significant press coverage since the company charges a non-refundable joining fee and membership fee which is paid once a month. Does that sound familiar to you – deposit and occupation fees?
Members can secure their bedrooms with a coded padlock, but the code must be given to the club in order to give access.
The membership scheme allows the company to carry out unannounced visits. In fact, all properties or bedrooms are visited twice per month. The members occupy bedrooms within club properties and must comply with the membership rules of the club. Members are responsible for keeping the properties free of health and safety hazards. This is also stipulated within the Membership Agreement. The club is also able to impose penalties at its discretion for breaches of its rules. These breaches include gross misconduct, acts of bad faith, wilful or intentional damage, and gross negligence.
The Guardian has commented on the experience of one member who was fined £90 for leaving dirty dishes in the sink and £225 for the cost of removing notices taped to a fridge.
Kirstie and I will be discussing in more detail whether this approach would help you with your property guardians at our seminar on the 24th May.Back to Our Thinking →