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Friday, 26 October 2007

House sitting

n return for babysitting empty properties to deter squatters, property firm Camelot Property charges its ‘guardians’ only one-fifth of local rents. This works out at about £200 a month in London, elsewhere £150.

What kind of properties are on offer?

Properties include houses, churches and castles, so you could end up living it up in a sprawling country pile for just £50 a week. Check out the full list of available properties.

How much will it cost?

Weekly rents are about £25 to £60, including all utility bills, with a £300 returnable deposit. Other costs to bear in mind include a £50 placement fee per property and you’re also obliged to purchase a fire safety pack from Camelot for £60.

You need to be flexible

This scheme won’t be suitable for everyone; you’ll need to be flexible, as you could be told to move out at anytime (though many guardians live in the same property for years). Also, while some properties are brand spanking new apartments, others need a bit of work doing, so this is more suited to adventurous types.

As no one in MSE Towers have tried this, we can't vouch for success or not, but would love MoneySavers feedback.

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