Homeowner renting out a room may be something you have searched on the Internet numerous times if you are considering renting your spare room out. This is a great way to make some extra money each month, but you do need to be prepared. Below, we reveal the key steps you need to take.
When you rent a room out, you need to make sure that your home and the room in question is well maintained and safe. You need to have smoke alarms fitted, and you need to make sure that all fitted fabrics, bedding and furniture has a manufacturer’s label that confirms it is fire resistant. Make sure all gas appliances are checked each year by an engineer that is Gas Safe, and that all electrical equipment is safe. If you own the property, you need to let your mortgage provided know that you are renting out a room. If you are a tenant, you should get permission from the landlord in writing. Aside from this, make sure your insurance provider is aware that you are going to be renting a room out in your home, and check your policy to see what is going to be covered. Check that all of the facilities you are providing are adequate for the kind of lodger you are looking for. You need to consider facilities for washing and drying clothes, and cooking. Finally, decide what rent you are going to charge. It is a good idea to look online for similar rooms to see what prices they are being offered at.
If you are a homeowner renting out a room, you can find the perfect tenant for you at Bellrooms Ltd (https://www.bellrooms.com/). At the moment, you can advertise your room free of charge via our website. We are also proud to operate a fair system whereby adverts appear ranked by how closely they match to the person’s search – we don’t do promoted adverts.