Fair Rent for Lodger

scampi · 26th May 2006, 16:18

What do you think would be a fair rent to charge a person living in the house on a LODGER basis, renting a large furnished double room? The rent is to include all bills apart from food. They will have kitchen access and access to a communal lounge. They will share a bathroom with the family. They will be able to use the washing machine and fridge-freezer, and the garden. Broadband and Cable TV are included in the rent. The house has a gas safety certificate.

sequenci · 26th May 2006, 16:57

well it depends on where you live.

remember under the rent a room scheme you're allowed to charge up to about £350/month before you become liable for tax. i can't remember the exact figure, my work pc blocks most websites - google it

i used to pay £300 for a room, that was in birmingham. i know the going rate is about £350 in oxford.

scampi · 26th May 2006, 17:06

The property is in the West Midlands, north of Birmingham.

I'm charging a bit less than the Birmingham figures that you quoted. Didn't want to diddle them, or me!

I also have another lodger in a smaller room who pays less.

Think they are probably reasonable rents then.

Thanks for your help.

ukdickie31 · 30th May 2006, 22:37

Hi Scampi

I used to rent out a room on a LODGER basis.

I charged £55 pw excluding phone bills but including all gas/elec etc.

I rented to students.

North Bham too !!!

I stopped the lodging a year ago, so I guess £60 would be what I would charge now. Depends on what you offer to the lodger, Broadband, other facilities etc

scampi · 30th May 2006, 22:57

Hi there, thanks for your reply.

They have wireless Broadband, cable TV, washing machine, fridge-freezer and the rent includes everything except food. Telephone calls are permitted if they ask first.

I charge £65 for the double room and £50 for the single.

We are in Wolverhampton north of Birmingham.

From what others have said it seems reasonable.

Thanks again

sequenci · 1st June 2006, 15:02

that is about right for wolves, especially with the "extras"

i had to pay extra for the internet and cable tv!

scampi · 1st June 2006, 17:52

Thanks sequenci and others who have replied to this thread.

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