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  • madbazoo
    • #2
    • 17th Jan 08, 8:42 AM
    Renting out a garage
    • #2
    • 17th Jan 08, 8:42 AM
    Have a garage that I own but never use near to my property, which is in Leeds, and wondered if I could generate a small extra income from letting it.
    Where can I find out about letting this and how much could I charge?
    Would I need to set up a legal document and could anyone let me have a sample?.
    Any help from someone who has already done this would be very much appreciated.
  • Wicksay
    • #3
    • 21st Oct 08, 9:01 PM
    • #3
    • 21st Oct 08, 9:01 PM
    HELP!! An unfriendly neighbour has complained to the local planning office today and I had a visit from the planning inspector. He told me that I was breaking planning rules by selling parking sapces on my driveway for gatwick airport. I've been very successful at this over the last few months by advertising on ebay.

    Do you have any advise or knowledge of disputes etc. How do ZIP and Streetcar and Parkatmyhouse.com cope with planning legislation?

    I'm up for a fight, because I don't make a lot of money and I donate some money to charity. I will be pointing these other websites out to the planning offical. And I will tie him up in complaints for a very long time. I'll go to court if I have to. If there is a line I WILL walk it!!

    The offical said that it infringes change of use rules and includes non paying family or friends parking for two weeks.

    I have 3 cars here at the moment and it's putting a few extra pounds in my pocket for me and my 10yr old son who has just moved in with me. I don't own a car myself.

    Any advice or suggestions welcome. I'm really fruious, but I've dropped a note through the neighbours tdoro to let them have their say and get to know me better, but this won't stop the Jobs worth at the council!

    Lee (Horley)
    Last edited by Wicksay; 21-10-2008 at 9:05 PM. Reason: Spelling
  • madbazoo
    • #4
    • 21st Oct 08, 10:54 PM
    • #4
    • 21st Oct 08, 10:54 PM
    I'm no legal expert but can't see where there is any change of use. If you own the property and have previously used the driveway for parking then there is no change. Does it infringe on your neighbours land or block his access?

    Suggest you give your local CAB a call as thousands of people do this around the country.
  • Former MSE Lawrence
    • #5
    • 9th Mar 09, 5:02 PM
    Rent Your Parking Space article discussion
    • #5
    • 9th Mar 09, 5:02 PM
    This is a special discussion to link on the back of the article


    Please feel free to add your comments, suggestions or questions

    Just click reply
    Last edited by Former MSE Lawrence; 09-03-2009 at 5:05 PM.
  • Weelass5
    • #6
    • 9th Mar 09, 6:12 PM
    http://www.parkatmyhouse.com - highly recommended
    • #6
    • 9th Mar 09, 6:12 PM
    Martin, you are on the ball when you state parkatmyhouse is a helpful website!

    I used parkatmyhouse to find somewhere to leave the car when I went on holiday and it was far cheaper than the airport parking option. The renter of the space had given clear instructions as to where he was situated so I didn't traipse around the airport looking for a hidden car park and I left the guy my keys but only because I was happy to. He turned off the lights I had forgotten to and he de-iced the windscreen the morning I came back.

    It was a quick and easy, cheap and hassle free way for me to get to the airport at an ung-dly hour without having to leave all excessive contingency time.

    The website is a doddle to use, the service so user friendly and when my family come and visit me, I'm going to suggest they use it to park near my (rented) house which is otherwise requiring a parking permit.

    Who knew I could get so passionate about parking but it really was so helpful. How sad am I, when I look to buy a house I'll be considering if there is money to be made from a driveway.

    It comes highly recommended: http://www.parkatmyhouse.com
  • Luckyal
    • #7
    • 11th Mar 09, 10:05 AM
    • #7
    • 11th Mar 09, 10:05 AM
    You need to be careful about liability. Even a contract with 'no responsibility' clauses does not rlease you from the general duty of care that you owe to everyone who comes on to your property - invited or otherwise.
  • coolhandlk
    • #8
    • 11th Mar 09, 11:13 AM
    • #8
    • 11th Mar 09, 11:13 AM
    Hi,

    I'm the MD of www.parklet.co.uk, the largest agent specialising in letting peoples unused parking spaces.

    We have been trading since Feb 2004, and let well over 10,000 spaces. Nearly all the concerns raised in this thread can be addressed:

    Liability - our contracts very clearly remove all liability for the landlord. If the tenant renting the space, has his car damaged, the landlord is not liable (unless it's deliberate). This is the same as parking in most public car parks - you will see a sign stating "cars left at owners risk"

    Planning Permission - having let over 10,000 spaces on a long term basis, we have come across very few problems with the local authorities. It comes down to what is reasonable. For example if you tarmac over your large front garden, paint white lines, put a sign up outside and install a pay and display machine, you are asking for trouble.

    If anyone has any specific questions, I would be happy to help?

    If you are interested in what your space might be worth, check out our live price guide tool http://www.parklet.co.uk/parking-rental-price-guide.aspx

    Thanks,

    Luke Kelly
  • Openspoken
    • #9
    • 11th Mar 09, 4:29 PM
    Renting your parking space/driveway
    • #9
    • 11th Mar 09, 4:29 PM
    The article mentions income tax but not any potential capital gains tax issues when you come to selling your house. I think anyone doing this should check that out first as you might no longer be treated as using your house solely as your main residence
  • Jonny_is_king
    Reviews of the big players
    What a great idea.

    I've been trying to do my own bit of research about the three parking space companies mentioned.

    It seems like Parklet have been around the longest and act as a normal letting agent.
    YourParkingSpace acts like a classified site, free to list and no obvious way that they make any money (please enlighten me Mr YourParkingSpace).

    parkatmyhouse is trying to be a flashy web 2.0 company giving users full control and seems to be doing a good job if the press they've received is anything to go by (http://www.parkatmyhouse.com/press/articles/).

    I was trying to find reviews of the companies and could only find these negative ones about Parklet. (Google `Parklet` and these come up in the top 5 results)
    http://www.plebble.com/listing180550/park-let/
    http://www.singingpig.co.uk/forums/thread/223865.aspx
    I guess, this is what happens with any estate agent, why should a parking letting agent be any different. Be warned though!

    I couldn't find any reviews about YourParkingSpace or parkatmyhouse although the latter has a feedback system so you can gauge the user satisfaction.

    It will be interesting to see how these companies grow over the coming years.

    More experiences of using these three companies please. Shame I don't have a car or my own home ;-)

    Thanks for the tips Martin
    • planning_officer
    • By planning_officer 12th Mar 09, 1:15 AM
    • 1,146 Posts
    • 1,245 Thanks
    planning_officer
    Technically, renting out your driveway to someone else requires planning permission, as the parking is no longer in direct connection with the residential use of the house. There is a distinct functional and physical separation betwen the house and the parking area (which there is not when residents of the house park there). Whilst many local authorities can't really be bothered to enforce this, it is something worth bearing in mind!
  • coolhandlk
    parklet (www.parklet.co.uk)
    Hi,

    I'm the MD of parklet (www.parklet.co.uk).

    I would like to address the negative reviews the user above refers to. It refers to a case where payment to a landlord was delayed because we had incorrect bank account & sort code details on record. This error was immediately corrected when brought to our attention, and the landlord remains a happy customer to this day. If you read the bottom of the thread you will see that the user has updated his comments to reflect this.

    We have let well over 10,000 parking spaces, all requiring monthly payment collection and remittance onto landlords. We do our very best to minimise any errors, but occasionally it does happen. When an error occurs, we do our best to put it right ASAP.

    Thank You,

    Luke Kelly
    Managing Director
    www.parklet.co.uk
    Tel: 0870 1624977
  • DulwichDoll
    Renting parking spaces as a lodger
    Is it possible to rent out a parking space if you don't own the property? My flatmate and I rent a flat from a landlord, and it comes with a parking space that neither of us use. We live opposite an overland station in zone 2 in London so are quite keen to make some use of it!

    Any advice would be very helpful!
    • downhiller
    • By downhiller 16th Mar 09, 8:30 PM
    • 121 Posts
    • 79 Thanks
    downhiller
    If you're in a flat with an allocated parking space, it's worth double checking your property deeds.

    I'm in that situation and my deeds state that I cannot let the space out to a 3rd party!
  • brightonman123
    may want to check that any car left is actually owned by said driver, and also what access you have to your own garage etc, if it gets abandoned (removal costs? insurance if damaged etc?)
    Sometimes seen lurking on competitions forum :-)
  • Wiry
    New Web Site
    I see a new website parkonmydrive.net has just been launched today. I wonder if Martin Lewis knows about it yet?
  • jonesy68
    Spareground
    Here's another one to add to the mix. This one seems to cover all aspects of space and is free to use.
    Can't post the web ad but look up Spareground on google.
  • Superstarsaver
    Should be very profitable in London, where having a garage costs about as much in rent as a one-family house up North.
  • Ocirne
    Do I have to pay tax on this income as a student? I already have permission to rent out the drive from my mum.
    £0/£11,000.00
    • dazza.mk
    • By dazza.mk 7th Feb 11, 1:36 PM
    • 1,850 Posts
    • 1,159 Thanks
    dazza.mk
    Do I have to pay tax on this income as a student? I already have permission to rent out the drive from my mum.
    Originally posted by Ocirne
    Haven't looked at any of the above websites, but I doubt very much that you can rent it out in your own name as you don't actually own the drive, as such it becomes more of a question of whether your Mum / Parents are liable fo the tax on the income if it is done in their name.
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