With the cost of living rising and some of us struggling to make ends meet, here are some ways to make money from your home.
Buying your own home is a huge achievement and one of the best assets you can have but also one of the most expensive costs each month if you have a mortgage.
By following some of our tips below your house could end up paying for itself. However some of these options you may need to inform your home insurance company, so bare that in mind.
Read more: Woman’s TV property show nightmare as she gets window measurements wrong while renovating Welsh home by herself
1. Rent your house as a filming location
One of the first options to earn money from your home could be to rent out your house to be used as a filming location for TV adverts, films. One of the most unlikely ways you could earn money without having to do much at all. Whilst it could be a great money maker you may need to check with your insurance company whether they would cover this.
While it would be fun to see your home on TV ensure that they also have the needed insurance before agreeing to this, if you are interested in earning money this way you could contact film location agencies such as Shoot Factory, Lavish Locations or national broadcasters such as ITV and BBC.
This option has the potential to be a good earner for you, but unlikely to be consistent so that is something to consider. It may also seem exciting to see your house on TV, but bare in mind that it could be intrusive and disruptive with TV programmes taking a long time to film and bringing with them a lot of people and equipment.
2. Rent out your driveway
This one could see you bring in a good bit of spare income without any of the extra hassle. If you live in a city where parking is an issue or if you live near an airport this could be a good option for you.
You can get more information about this from Park on my Drive or Just Park are just two websites which can help you.
Depending on your location will affect how much you can charge for people to park on your drive. If you have permit parking you may have to check with your local council before you consider renting your driveway. However, one downside would be that you could be liable for any accidents while on your property, so would be a good …….
Source: https://www.walesonline.co.uk/news/uk-news/five-ways-you-can-make-23865155
