Still thinking about renting your spare room?
There are over 5.4 million homeowners who have additional space in the UK, that could be cashing in on local events such as the famous Edinburgh Hogmanay, Oxford Literary Fair, the Grand National in Aintree or the PGA Golf Championships in Surrey. Many London homeowners are planning on cashing-in on the arrival of 500,000 sports fans this summer. With some hotels quadrupling their prices due to the unprecedented demand for accommodation, homeowners are charging as much as £175 a night for a double room. We’ve chatted to Michael Holmes, presenter of Channel 5’s Britain’s Best Home and editor-in-chief of Homebuilding & Renovating magazine, Real Homes magazine and Period Living magazine. He says “For a property located close to a major event, it can make real sense to clear out the spare room or rooms, put items into self storage and […]Read more »