Renting out my house for Ryder Cup 2010

Christabel

I live not far from the Ryder Cup venue for 2010 (Celtic Manor, Newport) and hear you can earn fabulous money by renting out your house. Has anyone else found a website where this can be done or is considering doing it themselves? I'm a bit apprehensive about the state of the house on our return but I guess you can take a bond to cover any damage.

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mountainofdebt

I seem to remember that a former rugby player has set up a company for this very purpose - can't remember his name or the name of the company but I'm sure a search on perhaps the argus website will yield results.

Although I am sure that there is abit of money to be made from this, I'm not sure I would do it ........I would be worried about people going through my things. Also another thing to consider is whether you would be allowed to rent out your house if you had a mortgage and whether it would invalidate any insurances etc

Jorgan_2

I'd have to think long and hard if this would be worth while, you need to consider taking extra insurance for the period it was let, paying the tax man his cut, agents fees, possible storage fees for clothes & other items & probably a couple of other things I can't think of.

TJ27

Somebody I know did the same thing for the FA cup final a few years ago. Moved in with his girlfriend for the weekend and made enough money to pay for their summer hols. No problems at all. I think he just put an ad in the paper.

Christabel

Thanks all for your views. I must admit I am a bit worried about the state they would leave the house in. I would take a deposit of course, and lock up private papers. I haven't entirely abandoned the idea yet, it just needs careful thought.

kle87

I too have been informed about this by a friend who done it last year. He made an awful lot of money more than some peoples yearly wage! All the hotels are all ready booked up its madness. I am also considering it this year

Wayne3765

http://newportgolf2010.com/accommodation/newagent.asp

funky-footprints

having done something similar in the past with ex pat friends for 10 days while we went on holiday, (no fee involved just our plain old generosity) there is no way i would let out my home. they could offer me £5,000 for the week and i would still say no !!!!!!!

Phil99999

https://www.AccommodationfortheEvent.com/rydercup

They deal with all types of Ryder Cup Accommodation

usher7

Check out www.acleshia.com if you are interested in renting out your home for the Ryder Cup. They are currently putting together their accommodations list. Contact them and they will be sure to help you out. www.acleshia.com

PasturesNew

There was a thread a couple of months back in Cutting Tax where somebody was asking about their tax implications. You might like to read this too:

http://forums.moneysavingexpert.com/showthread.html?t=693721&highlight=ryder