Results tagged “renting”

By Victoria Clayton

Homeowners could be earning more than £4,000 a year tax-free through a government backed rent-a-room scheme. A study by Big Yellow Self Storage, which is supporting the initiative, estimates UK residents could generate £38billion in income if they rented out all the spare space in their houses.

The proportion of people moving out of a rented property and into a new home fell by almost half in the first quarter of 2008.

Meanwhile the proportion of people moving between rented accommodation has increased by more than a third during the same time period, according to research by Moveme.com, the specialist home move service.