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Could you do with some extra household income? Why not use your home to earn you extra cash, by renting out a room to a lodger?
The good news is that your home can make you extra money. The better news is that currently more than -4, 000 of this is tax free. And the best news is that renting a room to a lodger is easy.
The time sharing your home with your lodger should be a pleasure. And it will always be, as long as you follow some basic rules. This Quick Guide to Taking in a Lodger provides you with all the advice and tips on how to make a success of taking in a lodger, so it-s a straightforward, stress-free process from start to finish. Specialist lettings solicitor Tessa Shepperson shares her knowledge and experience, both as a solicitor and a landlord. She provides a complete picture of what taking in a lodger entails, from legal and non-legal viewpoints.
This guide will answer your questions on:How do I vet a lodger?How does the Rent a Room scheme work?What rights does my lodger have?Do I need a lodger agreement?What can I do if I have a problem lodger?What if I want my lodger to leave?
Includes template lodger application form, and letters for a range of lodger-related purposes.Tessa Shepperson BA LLB is a specialist lettings solicitor, author and lecturer, well known as an expert in her field.
Valid in England and Wales
-...worth it-s weight in gold if you want to learn all there is to know about lodging landlording very quickly.-Landlord Zone
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The Quick Guide to Taking in a Lodger
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