Our short life co-ops have over 40 years experience managing empty homes. Whether hard-to-let properties or regeneration schemes we turn empty homes into meanwhile housing for our members.
The advantages of short life co-ops
Repossession guaranteed
Your property will be returned within 1 month following a Notice to Quit.
No HMO licence required
Fully mutual co-ops are exempt (Housing Act 2004)
No risk of tenancy challenges
Fully mutual co-ops are exempt from issuing assured tenancies (Housing Act 1985)
The advantages of short life co-ops
Licences not tenancies
Our short life co-ops issue sub-licences to their members for occupation.
Regulated
Co-operative societies are regulated by the Financial Conduct Authority (FCA).
Professional assurance
We are insured for public and professional liability. Our co-ops are compliant with statutory regulations and the Co-operative & Community Benefit Societies Act 2014.
The advantages of short life co-ops
Proven track record
We have long-standing relationships with Peabody Trust & Notting Hill Genesis.
Rooted in community
Our co-ops were founded by and are made up of members from the local community.
Membership
Our Members are bound by the terms of the licence and rules of each co-op.
Why work with us instead of property guardians?
Did you know that property guardian companies (PGC) are completely unregulated? Known to attract rogue landlords, PGC’s have been found liable in numerous court actions for; health & safety breaches including hazards (HHRS) and fire safety (FRA). Unscrupulous companies are also notorious for withholding deposits (RRO), profiting from ‘rack rent’ by dangerous overcrowding and extortionate fee increases,
Learn about the benefits of working with a short life housing co-op
Your problem – Our solution
Empty homes have become a focus of complaints and frustration for communities, as well as a catalyst for crime and degradation that generates bad press and hostility around regeneration schemes. These empty properties can however be a significant untapped resource for social housing providers, providing a revenue
Interested in how we can help relieve the burden of empty homes ?
Remove risk and generate revenue
Short life co-ops can generate income from your dormant assets. Our members occupy your empty properties for which you receive a weekly licence fee. Members pay council tax and keep homes protected and maintained, giving you peace of mind and significant savings on overheads.
| Mitigate the costs of: | Eliminate risk of: |
|---|---|
| Hard security | Arson |
| Insurance premiums | Theft |
| Council tax premium | Squatters |
| Standing charges | Vandalism |
| Repossession claims | Anti-social behaviour |
Frequently asked questions
Do you have a question that is still unanswered? Email us at hello@londoncoops.org to speak to a team member.
