Could taking on a lodger in my buy-to-let property or primary residence increase my rental income or reduce my mortgage payments?
Quick Answer
Taking a lodger can increase rental income via the Rent a Room Scheme for primary residences (up to £7,500 tax-free). For BTLs, it adds income but requires compliance with tenancy agreements and HMO regulations.
About This Topic
Boost income or cut mortgage payments with a lodger. UK's Rent a Room Scheme offers £7,500 tax-free for primary residences. Understand BTL and HMO rules.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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