Monday, 4 April 2016

Quarter Of A Million Homeowners Advertise For Lodgers

Almost quarter of a million (233,697) homeowners have advertised for lodgers since the announcement of the increase to the Rent a Room Scheme tax threshold to £7,500 per year. This is an increase of more than 5.2% on the same period a year earlier. The data also reveals August was the busiest since records began in 2007, with 31,109 people placing ads for lodgers. London is the only major city where annual lodger rents are still higher than the new threshold, which kicks in on 6th April 2016. Read more on 24dash.

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