Renting out rooms a popular option

Renting out rooms a popular option

Posted on Wednesday, May 09 2012 at 2:44 PM

One in three homeowners have considered renting out their spare room to help pay their mortgage, a poll has found.

The results, compiled by PRDnationwide,
found 14 per cent of respondents already have someone renting a room. Another
11 per cent said they would if they had the space.

Tough economic conditions are most likely
behind the results, according to PRDnationwide research director Aaron Maskrey.

“Getting onto the property ladder is
increasingly difficult for first-time buyers and homeowners are making unused
space earn its keep,” Maskrey says.

A similar poll was conducted in 2009 when
the global recession had begun to bite, but the results weren’t as high, he

“Finding a lodger has become easier with a
range of websites advertising for rooms to rent and flatmates.”

Of those surveyed, 44 per cent say they
wouldn’t consider renting their spare room.

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