36 NEWS & MAIL WEDNESDAY, SEPTEMBER 9, 2020 YOUR HOME Have you thought about registering? MARILYN, sadly passed away 10 August aged 74. Loving wife of Roy, and loving mother and grandmother, much missed by all of her family and friends. A private family funeral will be held at Aldershot Crematorium on 14 September, this will be streamed online, website https://www.obitus.com/ username Tope5928, password 766791 from 1.15pm., and after three days it will be available online for 28 days. Family flowers only, please, but donations to the British Heart Foundation may be made via Co-Operative Funeralcare, 68 Victoria Road, Farnborough, GU14 7PH (01252) 542236. BASIL JOHN, peacefully passed away on 25th August 2020, aged 85 years. Beloved husband to Hazel. Also a loving dad to Debbie and stepdaughter Faith. Devoted grandad to Alistair. Always in our hearts and thoughts. Donations if desired to Leukaemia and Myeloma UK. MARTIN - ROOM GOING SPARE? Registering allows you to save important notices to your home page, as well as setting up custom alerts for funeral notices for a specific surname or area. 1 Register today completely free of charge SPARROW - Taking in a lodger can be a great way to earn extra cash – but there are things you’ll need to consider. finds out what you should know funeral- notices. co.uk Announce, share and remember forever Finding the right person is essential when renting out a room, so make sure they fit in with your lifestyle and routines Everyone has a book in them LISA SALMON A It’s called an autobiography S THE pandemic takes its toll on the economy and increasing numbers of people lose their jobs, there’s a growing need for additional income sources. And for some, that source might be as close as their spare room. You can potentially make thousands of pounds a year – up to £7,500 tax-free in the UK under the Government’s Rent a Room scheme – by taking in a lodger. Take the right precautions and it can be a very easy way to earn money with additional benefits to boot, including potential friendship, help with cleaning, and even a live-in cat or dog-sitter if you go away. That said, there are still a few things you’ll need to think about carefully before taking on a lodger. “You’re going to have someone you don’t know moving into your house,” says Matt Hutchinson, director of the room-renting website SpareRoom.co.uk “The best way of making sure everything goes smoothly is to remember that it’s not just a financial decision. Finding the right person is essential – that means someone who fits in with your lifestyle and routines. “So make sure you discuss any potential sticking points up front. “That could be the hours you keep, a conversation about cleaning, who’s responsible for what, whether they have a partner who’ll be staying over and if that’s OK with you. “It’s always easier to avoid issues and conflict by discussing things landlords, an employer or bank, for example – and check them before signing a lodger agreement. during the week but goes home at the weekend. “This can work really well if you live in a big city,” says Matt, “especially now more people have the flexibility to work from home, but may still need to go to an office too.” before someone moves in, rather than later.” Thinking about taking on a lodger? Here are some of the things rental experts suggest you should keep in mind... 6 GET A DEPOSIT SPAREROOM advises landlords to take the first month’s rent up front, plus a similar amount as a deposit, to cover you if there’s any unpaid rent or damages to your property or contents. It’s time to tell your story with the help of LifeBook, the world’s leading memoir and autobiography service. Call us on us on or visit to find out more. 1 RENTS VARY WIDELY THE income from renting a room can vary significantly, depending on the size of the room, facilities and location. 4 DRAW UP AN AGREEMENT 0800 086 1019 lifebookuk.com SAMPLE lodger agreements can be found on the internet and are important to outline all the conditions of the rental, including what the lodger gets for their rent and any bills they’re liable for etc, thus safeguarding both the landlord and the lodger’s interests. “How much you can earn from your room really depends on where you live,” Matt says. SpareRoom reckons the average rent for a room in London, for example, is around £725 a month, while a room in Northern Ireland or the North-east of England averages under £400 per month. Details of when the deposit is forfeited can be included in the lodger agreement. 7 MAKE SURE THE PROPERTY’S SAFE The gift of a lifetime “THE key thing for people renting out a room is getting a gas safety certificate and making sure the room is safe to live in,” stresses James. James Wood, senior policy officer at the National Residential Landlords Association (nrla.org. uk), explains: “Landlords should be careful that it’s the right agreement for them. “The key thing is, if you live in the property and share living space, such as a kitchen and bathroom, with a lodger, you can set up an agreement to run from week-to-week or month-to-month, so you’re relatively well protected in case there are any issues. “I wouldn’t recommend anyone give a long-term lodger’s agreement, as it’s not really in the interests of the landlord or the tenant. “If you’re taking in a lodger, it’s typically quite a short-term arrangement anyway.” HUBBARD HAROLD Special memories of a dear husband & father, much missed by his loving wife Pat together with his children, grandchildren and great grandchildren. 12th September 2015 2 CHECK WITH YOUR MORTGAGE AND INSURANCE PROVIDERS “They have a liability to anyone who’s going to occupy the property, so they have to make sure it’s safe.” YOU need to ask your contents insurance provider if you can take in a lodger without it affecting your cover, warns Matt. 8 IT’S NOT JUST ABOUT THE MONEY “If your mortgage is leasehold and you don’t own the freehold, it’s also worth asking your mortgage provider if there’s anything in the mortgage terms stopping you from renting out a room,” he says. “If you receive benefits, then they’ll almost certainly be affected too, so check in advance.” “IF YOU like the idea of sharing a house then there are definite advantages to doing it,” says James. “Companionship can certainly be a good thing – it’s always nice to have a bit of company. But primarily the advantage is the financial aspect.” And while Matt agrees the main advantage is the extra income, he adds: “There are plenty of other benefits too, ranging from the more obvious – like having company if you live on your own, to having a pet-sitter (or plantwaterer) while you’re away, or just feeling safer in the property than you would on your own.” 3 CONSIDER MIDWEEK RENTAL THE obvious downside to renting out a room is that you lose your privacy and space to some extent. 5 GET REFERENCES CITIZENS Advice warns landlords to be aware of their own safety when meeting potential lodgers, and says it’s wise to ask for references – personal, or from previous One way of finding a middle ground is to consider offering your room on a Monday to Friday basis, where the lodger lives with you PRINTED AND DISTRIBUTED BY PRESSREADER PressReader.com +1 604 278 4604 . ORIGINAL COPY . ORIGINAL COPY . ORIGINAL COPY . ORIGINAL COPY . 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