![Page 1: Protection by Occupation: Everyone wins - Damian Woods, Regional Manager, Camelot Property Management](https://reader034.vdocuments.mx/reader034/viewer/2022052413/5599681c1a28abf3698b45d4/html5/thumbnails/1.jpg)
The Vacant Property Specialists
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Camelot Live-in Guardian Solution
Protecting the Property’s Value using
Caretakers as “eyes & ears” of the owner.
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Contents
•Protection by Occupation Explained.
•Process – Building intake and Guardian recruitment.
•Legal Structure.
•Examples of Properties.
•Cost to Owners
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Technical Risk
• Water / Leak
• Fire
• Overdue maintenance
• Dilapidation
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Economic Risk
• Sale-ability compromised
• Planning/ Development
• Depreciation
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Social Risk
• Magnet for trouble
makers
• Lost sense of
community
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Protection by Occupation Explained
Live-in Guardians (keyworkers) who permanently
occupy the premises for the time it is vacant
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1. Building survey & evaluation
2. Installation of temporary facilities
3. Guardian intake
4. Building management
5. Building handback
Building Intake – The Process
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Property Requirements Wind / Water tight, electricity and
cold water.
Change locks (non-copy keys) and
Repair non-secure entrances.
Install refuse containers.
Install mobile shower units.
Install “Camelot Safety Pack” (fire
blanket, extinguisher and smoke
alarm).
Our mobile shower unit
Camelot provides the most cost-effective price to return property to occupiable condition .
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Protection by Occupation Explained
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Criteria for becoming a Guardian
• Process Governed by BSI 7858:2008 (Vetting).
• Employed, single persons or couples.
• Proof of identity (Passport, Drivers License).
• Copy Utility Bill in their own name
• Copy bank statement
• Employers reference & Independent Character Reference
No Students, No Families, No Pets
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Guardian Recruitment
• Formal Interview by Camelot Managers.
• Details of license are explained to the applicant.
• Bond and other fees are received.
• Keys issued.
For every 100 applicants less than 40 will bedeemed acceptable.
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Guardian Obligations
• Amicable sharing.
• Keep room & property clean and tidy.
• Report any issues to Camelot on 24-hour manned emergency
number.
• No parties.
• No overnight guests
• Give 4-weeks notice when moving.
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Current Irish Guardians
• Men / Women 55% / 45%
• Over the age of 25 88%
• Over the age of 35 43%
• 18-25 years old 12%
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Legal Structure
Authorisation Agreement*
Temporary Occupation Licence*
Owner
Guardian
Camelot
* Authorisation Agreement and Temporary Occupation License constructed by Hayes Solicitors.
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Authorisation Agreement with Owner
•Signed by the Owner and Camelot
•Gives Camelot permission to install Guardians.
•Gives Camelot permission to enter the property.
•Does not give Camelot any tenancy rights.
•Sets out Camelot’s & Owner’s responsibilities.
•Independent Snr. Council Opinion sought. Sean Farrell SC.
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Temporary Occupation License
•Signed by the Guardian and Camelot
•Camelot gives the Guardian permission to reside.
•Sets out Guardian responsibilities & restrictions.
•The Guardian concedes any tenancy rights.
•Clearly sets out Camelot’s responsibilities.
•Independent Snr. Council Opinion sought. Sean Farrell SC.
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Camelot Accreditations•NSAI (IS:999) 2004 - PSA Licensed.
•NSAI ISO 9001 - Management Systems.
•BS7984 - Security Key Holding.
•BS7858: 2000 - Security Vetting.
•Irish Senior Legal Opinions on Camelot Contracts
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Office Buildings Seeking a BuyerProperty: Office & Warehouse
Guardians: 7
Occupied Since: June 2007.
Owner: Receiver.
Property: Office
Guardians: 5
Occupied Since: May 2006
Owner: Supermarket
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Heritage Properties
Property: Boarding School, Rathfarnham
Guardians: 14
Occupied Since: March 2010
Owner: Receiver
Property: Stately Home, Kinsealy
Guardians: 8
Occupied Since: February 2012
Owner: Receiver.
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Ghost Estates in receivership
Property: Development, Wexford
Guardians: 4
Occupied Since: January 2011.
Owner: Receiver
Property: Development , Cavan
Guardians: 2
Occupied Since: October 2011
Owner: Receiver
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Hotels seeking a buyerProperty: Hotel & Complex
Guardians: 6
Occupied Since: October: 2010.
Owner: Receiver
Property: Hotel
Guardians: 6
Occupied Since: September 2011
Owner: Receiver
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Nursing Homes seeking a new use.
Property: Nursing Home, Mayo
Guardians: 4
Occupied Since: September 2012
Owner: Religious Order
Property: Private Hospital, Dublin
Guardians: 13
Occupied Since: June 2012
Owner: Private Owner
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Private Residences
Property: Private Home
Guardians: 4
Occupied Since: February 2012
Owner: Private Owner
Property: Private Home
Guardians: 3
Occupied Since: March 2012
Owner: Private Owner
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Religious Residential Properties
Property: Convent
Guardians: 6
Occupied Since: September 2012
Owner: Religious Order
Property: Retreat Centre
Guardians: 18
Occupied Since: May 2012
Owner: Religious Order
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MyCastle
Secure online access to your property portfolio
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Real time view across property portfolio
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Effective
EasyEconomic
Comprehensive
Property Care
Clear Financial
Benefits
Totally Flexible
Protection
The Camelot Solution
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Cost break-down
plus an intake fee
repairs of smashed windows
new locks
Install / remove shower cabinet and electric
shower
Utility bills
Insurance
2. Cost of making the property habitable e.g.
1. Weekly Management fee: €40 - € 500
3. All outgoings of the premises
.
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The Cost SavingsActual Example: Hotel in North East – Insured Value €15m.
IF LEFT VACANT
Insurance Cost (part risk) € 30k pa.
24 Hour security € 125k pa.
Decommission cost € 8k (one off)
Total Costs: € 163k pa.
Annual Costs: € 155k pa
IF OCCUPIED BY CAMELOT
Insurance Cost (all risk) € 15k pa.
Make Ready Costs € 12k (one off)
Management Costs €13k pa.
Total Costs: € 40k pa.
Annual costs: € 28k pa.
Total Cost Savings: € 123k
Total Annual Savings: € 127k pa.
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Camelot Live-in Guardian Solution
Questions Please
Protecting the Property’s Value using
Caretakers as “eyes & ears” of the owner.