Your Money

Case study: Lodgers cover mortgage

CASE STUDY

Neil Millard has let out two of the rooms in his house for the last two years to help cover mortgage costs.

Writer Neil, 26, from Croydon, Surrey, said: "I bought the property with a view to renting the rooms. I am looking for a lodger for one of the rooms, but the other one is rented by a teacher who I found through the SpareRoom.co.uk website.

"I get £400 a month from each of the rooms - which pretty much covers my mortgage. But you must make sure that you can cover costs yourself for when your rooms aren't let."


Share this story
Digg thisdel.icio.us Facebook

Sponsored Links

Advertisement
Click here for more News videos

VOICE OF THE SUNDAY MIRROR

Recommended Searches

 
Your Money RSS feed
Dating
find love online today - choose from our singles database
what do the stars hold for you today? Find out here
play online, win money or just chat with other players. click here