News

Vacant Property Protection: new BIFM Quick Start Guide

29-01-18 17:29 BIFM

BIFM’s new Quick Start Guide on Vacant Property Protection is available now to download. Supported by Global Guardians Management Ltd, the guide offers comprehensive advice for facilities and property managers on how to avoid the problems and unexpected costs resulting from a vacant property.

Sooner or later, an asset in a property portfolio is likely to change hands, potentially requiring a serious redesign and refurbishment, or it could be sold as part of a redevelopment. For a variety of reasons, vacant properties are a magnet for problems, and may attract squatters despite changes in the law. Any unoccupied building, commercial or residential is vulnerable and the cost of dealing with issues can run into thousands of pounds.

Against the background of regulatory compliance, including British Standard 8584:2015 Vacant Property Protection Regulation, and with the backing of the British Security Industry Association, the property guardian industry is shedding its negative image. Facilities and property managers should ensure that whoever they contract to secure their vacant building, whether guardians, caretakers or security guards, comply with all ethical and health and safety rules and regulations at the start throughout the term of their agreement.

Annie Horsley, BIFM Research and Insights Executive commented; “We are delighted to launch this Quick Start Guide, the first of our new range, which will complement our popular BIFM Good Practice Guides. This guide offers a full overview of the key areas for consideration in relation to successful vacant property management, including; regulations, security and ethics and we hope this, and our other Quick Start Guides will be a useful resource.”

> Access this BIFM Quick Start Guide here.

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