Could your spare room take years off your mortgage?

If you have a spare room that’s lying empty and unused, you could be missing out on thousands of pounds of income, much of it tax free!  You could even be mortgage-free in just a few years. The UK’s room rental experts SpareRoom.co.uk explain how.

Across the UK, the average rent for a room is now over £6,000 a year. Think what you could do with that – become mortgage free, clear your credit card bills, or even go on the holiday of your dreams.

4 million people use SpareRoom.co.uk, so you’ll have plenty of choice when it comes to finding the right person to share your home. And you won’t be alone – the team at SpareRoom has over ten years’ experience of helping people rent out their rooms and is on hand to help and advise you, every step of the way.

“I have had “lodgers” – who I prefer to call flatmates – on and off for more than 20 years!

I own a two bedroomed garden flat in Balham and like to share with someone, normally a female who likes cats (my title has been “Fun Feline Loving Female”!), although I have had male lodgers too.

While I prefer to advertise amongst friends and colleagues when I am looking for someone new, I have used Spareroom.co.uk several times and had some lovely flatmates. My current flatmate is more than half my age!

I am a (very young at heart!) 56 year old and my flatmate, Sophie, who moved in last October, is just 25!  We have quite a lot in common despite our age gap – we both have non-identical twin sisters, both work in the recruitment industry, both watch too much awful reality TV, and have both dabbled in online dating!“

To find out how much your room could earn and how to choose a lodger to suit your lifestyle, download SpareRoom’s free Guide to taking in a Lodger or give us a call on 01625 666 750 to get free advice from SpareRoom’s expert team.

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Sally - Silversurfer's Editor

Mother of three grown-up daughters and a proud grandma too, I am the ultimate multi-tasker and am passionate about my role as Silversurfers Website Editor and Social Media Manager. Always on the lookout for all things that will interest and entertain our community. Fueling fun for the young at heart!

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