Do you have a spare room just collecting junk, or a guest room that is waiting for people to visit who never do?
Have you thought about letting out the room for a bit of money on the side?
The government allows you to earn £7,500 per year tax-free (£625 per month), this applies from 1st April 2016.
Find out more from the companies below:
Note: Remember to check Council tax, insurance and other potential expenses.
After looking at a few listings for people wanting to rent a spare room, the budget was between £350 to £600 per month.