How much rent should I charge a lodger?
Important considerations when calculating how much to charge:
- You can earn £7500 a year before paying tax (£625 per month). See rent a room scheme
- Do you charge inc bills or exclusive? 95% of lodgers prefer including bills
- Whether you include bills or not, the lodger's contribution to the bills counts as part of your rent with the tax free allowance
How much could you earn?
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Still not sure?
Taking in a lodger is a big decision so it's always important to take your time and make sure you've done your research. If you're still mulling it over then why not download our free guide to taking in a lodger to read while you weigh up your options.