2. Camelot Live-in Guardian Solution
Protecting the Property’s Value using
Caretakers as “eyes & ears” of the owner.
3. Contents
•Protection by Occupation Explained.
•Process – Building intake and Guardian recruitment.
•Legal Structure.
•Examples of Properties.
•Cost to Owners
7. Protection by Occupation Explained
Live-in Guardians (keyworkers) who permanently
occupy the premises for the time it is vacant
8. Building Intake – The Process
1. Building survey & evaluation
2. Installation of temporary facilities
3. Guardian intake
4. Building management
5. Building handback
9. 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. Our mobile shower unit
Install “Camelot Safety Pack” (fire
blanket, extinguisher and smoke Camelot provides the most cost-effective price to
alarm). return property to occupiable condition .
11. 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
12. 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 be
deemed acceptable.
13. 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.
14. Current Irish Guardians
• Men / Women 55% / 45%
• Over the age of 25 88%
• Over the age of 35 43%
• 18-25 years old 12%
15. Legal Structure
Owner
Authorisation Agreement*
Camelot
Temporary Occupation Licence*
Guardian
* Authorisation Agreement and Temporary Occupation License constructed by Hayes Solicitors.
16. 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.
17. 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.
21. Ghost Estates in receivership
Property: Development, Wexford Property: Development , Cavan
Guardians: 4 Guardians: 2
Occupied Since: January 2011. Occupied Since: October 2011
Owner: Receiver Owner: Receiver
22. Hotels seeking a buyer
Property: Hotel & Complex Property: Hotel
Guardians: 6 Guardians: 6
Occupied Since: October: 2010. Occupied Since: September 2011
Owner: Receiver Owner: Receiver
23. Nursing Homes seeking a new use.
Property: Nursing Home, Mayo Property: Private Hospital, Dublin
Guardians: 4 Guardians: 13
Occupied Since: September 2012 Occupied Since: June 2012
Owner: Religious Order Owner: Private Owner
24. Private Residences
Property: Private Home Property: Private Home
Guardians: 4 Guardians: 3
Occupied Since: February 2012 Occupied Since: March 2012
Owner: Private Owner Owner: Private Owner
25. Religious Residential Properties
Property: Convent Property: Retreat Centre
Guardians: 6 Guardians: 18
Occupied Since: September 2012 Occupied Since: May 2012
Owner: Religious Order Owner: Religious Order
28. The Camelot Solution
Effective
Comprehensive
Property Care
Economic Easy
Clear Financial Totally Flexible
Benefits Protection
29. Cost break-down
1. Weekly Management fee: €40 - € 500
plus an intake fee
2. Cost of making the property habitable e.g.
repairs of smashed windows
new locks
Install / remove shower cabinet and electric
shower
3. All outgoings of the premises
.
Utility bills
Insurance
30. The Cost Savings
Actual Example: Hotel in North East – Insured Value €15m.
IF LEFT VACANT IF OCCUPIED BY CAMELOT
Insurance Cost (part risk) € 30k pa. Insurance Cost (all risk) € 15k pa.
24 Hour security € 125k pa. Make Ready Costs € 12k (one off)
Decommission cost € 8k (one off) Management Costs €13k pa.
Total Costs: € 163k pa. Total Costs: € 40k pa.
Annual Costs: € 155k pa Annual costs: € 28k pa.
Total Cost Savings: € 123k
Total Annual Savings: € 127k pa.
31. Camelot Live-in Guardian Solution
Questions Please
Protecting the Property’s Value using
Caretakers as “eyes & ears” of the owner.