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Renting out a room

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By *rjonesnot OP   Man 23 weeks ago

ilfracombe

With the cost of living getting higher am tempted to rent out the spare room

Anyone with any experience totally non swing

Any advice greatly appreciated

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By *enrietteandSamCouple 23 weeks ago

Brum

Don’t rent it to a friend or family member.

You’ll end up with less money.

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By *rSircumsizedMan 23 weeks ago

Newport

Suppose as long as it's not sub letting, it should be fairly straightforward. Make sure you do proper background checks on potential house sharers if you plan on letting it out yourself.

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By *rjonesnot OP   Man 23 weeks ago

ilfracombe


"Don’t rent it to a friend or family member.

You’ll end up with less money."

Thanks I'll take that advice

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By *r CuddleMan 23 weeks ago

Oxford

I rent out properties. Do it through an letting agent. Then if there's a problem you will have back up

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By *iamond couple twoCouple 23 weeks ago

Wakefield

We have a house we only use on a weekend and thought about taking in a lodger. They would have to be swingers as we often have meets there and don’t want to have to worry about the state of our dress. Didn’t know how to go about it so dropped the idea

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By *rjonesnot OP   Man 23 weeks ago

ilfracombe


"Suppose as long as it's not sub letting, it should be fairly straightforward. Make sure you do proper background checks on potential house sharers if you plan on letting it out yourself."

We are the owners and live there

So would be sharing the house , they would have there own bathroom

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By *icecouple561Couple 23 weeks ago
Forum Mod

East Sussex

Check the terms of your insurance policies and any mortgage.

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By *atnip make me purrWoman 23 weeks ago

Reading

It will curtail your freedom so the cost is high

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By *allnHandsome12Man 23 weeks ago

Teesside


"With the cost of living getting higher am tempted to rent out the spare room

Anyone with any experience totally non swing

Any advice greatly appreciated "

Do whatever background checks you can, as once you sign the contract getting them out if they are not compatible is going to be difficult.

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By *rHotNottsMan 23 weeks ago

Dubai & Nottingham

I’m doing a couple of rooms in the uk next year

I’ll use Airbnb & booking dot com I don’t want anyone permanent

I also signed up with a few international student orgs they pay really well

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By *rjonesnot OP   Man 23 weeks ago

ilfracombe

Thanks for all the advice

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By *ripfillMan 23 weeks ago

Paris, New York, Hong Kong and Havant


"Check the terms of your insurance policies and any mortgage. "

👍 absolutely -agreed but you “Never plan to fail - Only fail to plan “

Check as suggested it’s vital - but if something sadly were to go wrong, it could be disastrous .

Sorry - sounds v negative, when sometimes it’s a financial life line. OP i have 100% empathy … been there

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By *hunky GentMan 23 weeks ago

Nottingham and Stamford

Airbnb may be an option.

At least you have more freedom as to who and when it's occupied

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