Rent a Room Scheme
Do you have a spare bedroom and know someone who is looking to rent a room?
If you’re looking for ways to boost your income, one option is to rent out your spare room.
By signing up to the rent a room scheme, up to £7,500 a year is free from tax.
The scheme can be a great way to top up your income and provide accommodation for lodgers.
As detailed in your tenancy agreement, you have the right to take in lodgers, however please get our written permission first.
The income you get might affect some means-tested benefits. For more information, visit the Money Helper website.