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"Don’t rent it to a friend or family member. You’ll end up with less money." Thanks I'll take that advice | |||
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"Suppose as long as it's not sub letting, it should be fairly straightforward. Make sure you do proper background checks on potential house sharers if you plan on letting it out yourself." We are the owners and live there So would be sharing the house , they would have there own bathroom | |||
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"With the cost of living getting higher am tempted to rent out the spare room Anyone with any experience totally non swing Any advice greatly appreciated " Do whatever background checks you can, as once you sign the contract getting them out if they are not compatible is going to be difficult. | |||
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"Check the terms of your insurance policies and any mortgage. " 👍 absolutely -agreed but you “Never plan to fail - Only fail to plan “ Check as suggested it’s vital - but if something sadly were to go wrong, it could be disastrous . Sorry - sounds v negative, when sometimes it’s a financial life line. OP i have 100% empathy … been there | |||
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