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Monday, January 18, 2010

More households take in lodgers

The number of households looking to take in a lodgers rose by 27% in the first two weeks of the year according to a new survey conducted by spareroom.co.uk.

Many households look to ease debt by taking advantage of the Government’s Rent a Room scheme that allows households to earn up to £4,250 a year tax-free.

If predicted interest rate rises materialise these figures could continue to increase as over burdened households look to make their properties pay.

Read more in the Telegraph

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