Why Should I Rent a Room in My House?

Mainly because renting a room can be a fun and inexpensive way to live. According to a recent survey conducted by the UK's leading flat and house share site, 58% of those who responded said they chose to live in a flatshare for both social and financial reasons.

One bedroom flats and studios flats are expensive and generally, the more of you there are, the more you'll get for your hard earn't cash. If you live on your own you still need the basics like a kitchen, a bathroom and a living room. If you share you are all paying a bit towards these rooms so sharing the costs. Also, and this is important to a lot of people, there will be other people around if you fancy some company and if you are feeling that you want to be on your own you can go to your room. Of course, there is always the possibility that you will not get on with them, but hopefully you will have vetted them before they moved in.

Who will I be sharing with?

Oh if the answer was that easy! It all depends on you and of course it could be anybody. When you rent a room you could end up with anyone from students and young professionals to families, couples and people in their 60s and over. This aspect of renting a room plus the fact that you can get a Tax Free income has led to the rapid increase of taking in a lodger.

Sharing a flat has increased on popularity with young professionals in recent years. This is in part due to rising house prices but also to people generally choosing to settle down later in life than has previously been the norm. Also, employers often require builders, engineers, and accountants etc to work in another part of the country on contract work from 6 to 12 months. As a result the average age of flat sharers according to the leading UK flat and house share site is 33 and increasing. Nowadays, sharers are more often than not looking for comfortable, quality accommodation and unlike the old days in the 70's shared accommodation is unlikely to be cheap and nasty. If you search on rent a room sites you will find everything from rooms in shared houses in Brighton for as little as £300 per month at the bottom end to up to luxury en-suite double rooms in West London for £1250 per month and increasing.

What should you do to locate the best flatmates?

That is not difficult now we have the Internet. Look at for a good site, (there is one on our site) and have a look through the rooms for rent adverts. Take your time and see who creates an impression. When you have decided on the sort of flat mate you are looking for you can write a profile on the 'room wanted' ad. You can also tell them about yourself and make your accommodation sound like the best on the site.

Colin Warburton is a qualified UK Mortgage and Insurance Broker and a Network Marketer. If you are looking for a Residual Income, Colin can show you how to get prospects to come to you. Article Source: http://EzineArticles.com/?expert=Colin_Warburton

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