Renting out a room

4 answers /

Last post: 20/10/2023 at 8:22 am

KATE J(44)
Kate J(44)
04/09/2022 at 3:38 pm

Has anyone rented out a spare room ?

Mainly , I’d like to know :

How do you know the going rent ? would be a single room , walking distance from station / driveway use too shred use of bathroom and kitchen

How do you get DBS checks ? ( I have 2 kids ) and would only want a female

What are the tax implications ? - if it’s furnished is it different ?

References and deposits ?

Happy to hear good and bad please including Air B and B though would prefer more permanent / long term really

TIA

0
KIRK P(2)
Kirk P(2)
09/09/2022 at 5:30 am

Tax implications: If you receive less than £7,500 a year, you don't pay tax. If you receive more, you will have to fill in a tax return and pay tax on any amount over that.


If you are renting the room under one of the government schemes such as "Rent a Room" you do not have to guarantee your tenant's deposit.


Tenants will need to apply for a DBS check themselves (you cannot apply on their behalf). If I remember correctly, this would normally be a basic check, rather than an enhanced one.


There is a good guide here that you can download


Letting rooms in your home: a guide for resident landlords - GOV.UK (www.gov.uk)

1
KATE J(44)
Kate J(44)
09/09/2022 at 6:13 am
In answer to
Kirk P(2)

Tax implications: If you receive less than £7,500 a year, you don't pay tax. If you receive more, you will have to fill in a tax return and pay tax on any amount over that.


If you are renting the room under one of the government schemes such as "Rent a Room" you do not have to guarantee your tenant's deposit.


Tenants will need to apply for a DBS check themselves (you cannot apply on their behalf). If I remember correctly, this would normally be a basic check, rather than an enhanced one.


There is a good guide here that you can download


Letting rooms in your home: a guide for resident landlords - GOV.UK (www.gov.uk)

Many thanks


Extremely helpful - though the dbs (only

basic) could be an issue / concern

0
SHAZIA K(59)
Shazia K(59)
20/10/2023 at 8:22 am

HI


Do you still have a room available to rent ?


shazia

0
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