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How much rent to charge for a room in my house?
bluejosiah
Posts: 410 Forumite
I have a two bed house and am going to rent a room out to someone claiming housing benefit.
How much should I charge?
I want to include hot water, heating, electricity, gas, lighting, water authority charges, fuel for cooking, and will have to also include council tax.
TIA
How much should I charge?
I want to include hot water, heating, electricity, gas, lighting, water authority charges, fuel for cooking, and will have to also include council tax.
TIA
0
Comments
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Go onto spareroom.co.uk
Type in your postcode or town
Click room wanted and then search
On the right hand side there is a link to "average rent for area"Lets get this straight. Say my house is worth £100K, it drops £20K and I complain but I should not complain when I actually pay £200K via a mortgage:rolleyes:0 -
Thanks for the replies, I managed to find the rentservice website before it was posted, and decided on the rent to charge before I looked on the spareroom website. I was chuffed when there was a property offering exactly the same price as what I had decided on!
) 0 -
You specifically say to somebody on housing benefit.
An unusual pre-requisite.
Would you mind saying why?
Thank you.0 -
PasturesNew wrote: »You specifically say to somebody on housing benefit.
An unusual pre-requisite.
Would you mind saying why?
Thank you.
Presumably they have someone in mind, and that person happens to be on HB.
Proud to be a MoneySaver! 0 -
If you have a mortgage, see if you are allowed to accept a lodger on benefits. Some don't allow this.Lets get this straight. Say my house is worth £100K, it drops £20K and I complain but I should not complain when I actually pay £200K via a mortgage:rolleyes:0
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Ah! Good thinking Batman.littlemissmoney wrote: »Presumably they have someone in mind, and that person happens to be on HB.0 -
Watch what you say you are giving them with the room. Housing benefit in my area only pay for the room. So if you say
"I want to include hot water, heating, electricity, gas, lighting, water authority charges, fuel for cooking, and will have to also include council tax"
Then they will deduct accordingly.
Rent the room out with nothing added. IE £300 per month. Then charge seperately for the extras.0 -
Check what the Inland Revenue allow under the 'rent-a-room' (I think) scheme."An arrogant and self-righteous Guardian reading tvv@t".
!!!!!! is all that about?0 -
When I rented out a room to a lodger (a few years ago now) you could only charge what amounted to £350 a month before you started to get taxed on your income. I expect it's gone up a bit now but do check.Debt cleared! [strike]£13,128[/strike] £0!!!
Saving for maternity leave: £3,300/£3500
'Eat food. Not too much. Mostly plants.' Michael Pollan0
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