Beginners’ Tips: House Shares, Lodgers and Room Lets

SBWIRE 01/26/2010 13:01

London, London -- (SBWIRE) -- 01/26/2010 -- Tightening personal budgets and the wider economic climate have made room letting increasingly appealing for both those looking for somewhere to live and those with rooms to rent out.

Renting a room in a large spacious house can be more appealing than a small bedsit and less expensive, also you don’t have to sign up to a six month contract. Or maybe work your circumstances have changed and now you need a base from Monday to Friday somewhere else in the country, there are actually endless reasons why room letting and house sharing are becoming more popular.

People are also looking to take in a lodger to give themselves some extra cash. Landlords are also looking at the potential gains that can be made by letting out properties as single rooms and the economic advantages of not using a letting agent.

http://Easyroommate.com, the UK’s premier flat and house share exchange website, offers valuable advice to those people looking for a share and those people with a room to rent out.

Taking in a lodger:

- Be sure to do relevant sense and document checks and get tenant to sign an agreement. Set out all terms and agreements in writing and get all parties to sign although it does not form a private tenancy agreement it does give you some protection. Lodger legal agreements can be sourced online relatively cheaply. Tenant checks and referencing can also be sourced online to give you further peace of mind

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