January 4th, 2012
As you probably know by now SpareRoom.com launched in New York last year. As part of the launch we’ll be holding our first SpeedRoommating event in NYC on January 11th. SpeedRoommating is the US equivalent of our popular London SpeedFlatmating events – over 10,000 people attended a London event in 2011.
The events are already picking up some media attention. AOL covered the move to NY in December and this week AGBeat.com listed SpeedRoommating as one of ‘60 Genius Brands to watch out for in 2012′. Given that the list includes Apple and Google+ we’re pretty happy about that!
Hopefully the New York events will attract as many people as the London ones – there’s every reason to suspect they could. We’ll be over in New York launching the events next week so will report back when we return. 
Tags: new york, news, speed flatmating, speedroommating
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January 4th, 2012
So you’ve done some research and considered what it is you want from a lodger. Now it’s time to place an ad. You may be thinking ‘But I’m not ready to advertise my room just yet’, and that’s fine. Advertising your room can be incredibly useful though as it can tell you several things you can only guess at otherwise:
- Will anyone want my room? – Advertising can help you work out how many (and what sort of) people are likely to be interested
- Am I charging the right amount? – If your room is too cheap (or too expensive) it’s worth finding this out so you can make adjustments
- Is my ad any good? – You may well find you end up tweaking your ad as you go. The responses you get will give you an idea what you might not be saying that you should
- How to deal with enquiries – Learning how to communicate with prospective lodgers can hep you get the kind of information out of them that’ll tell you whether they’re suitable or not
Of course, we wouldn’t suggest anyone puts up an ad if they’re not planning to rent out a room as that would just waste people’s time. However, advertising sooner rather than later gives you plenty of time to meet several people and find the right fit.
Tags: advice, live in landlords, lodgers, taking in a lodger
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December 13th, 2011
The most common unexpected benefit of taking in a lodger is something we touched on in our last email: friendship.
We get thousands of emails from SpareRoom users telling us about their experiences. Probably one of the most commonly used phrases amongst them is ‘friends for life’. There have been bridesmaids, best men and women and (while we’re on the marriage theme) we’ve had a surprising number of SpareRoom weddings. I should stress at this point that one of our golden rules for choosing a lodger is not to select one you’re attracted to, but romance can spring from unexpected places!
That’s not to say you should expect to become best of friends, or feel like the arrangement has been a failure if you’re not. There’s a very comfortable middle ground that many lodgers and landlords occupy, where both get on with and respect each other, have the occasional conversation or meal together but otherwise get on with their own lives.
Another great benefit that doesn’t always occur to people is security. Have you ever gone away for the weekend or on holiday and wondered which light you should leave on so it looks like someone’s home? With a lodger chances are there will always be one of you at home. Unless, of course, you’re one of the ‘friends for life’ ones who goes on holiday with their lodger (as several SpareRoom users have reported!). If you have a pet then your lodger may well be happy to take care of feeding duties whenever you’re away.
There are many other weird and wonderful benefits we’ve heard about. For instance, several people have taken in lodgers from overseas and learned a new language. You never know what skills, talents and interests your lodger may have. Some landlords had their laptops fixed, gardens manicured, dogs walked and even driveways cleared of snow by their lodger.
Of course the money is the reason why most people take in a lodger, but nobody said there had to be just one upside.
Tags: advice, live in landlords, lodgers, taking in a lodger
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December 12th, 2011
This is one of the most important questions people ask us when they’re thinking of getting in a lodger. It’s hardly surprising as the extra money is the reason most people do it – we polled 2,500 people with lodgers and 59% said they wouldn’t be able to afford their mortgage without a lodger.
The answer is, of course, ‘it depends’. Several factors will affect what your room is worth. Location, the type of property, the decoration, fixtures and fittings – all of these will affect what you can charge. The current UK average for a double room, including some bills, is around £90 per week. In certain areas (London for example) you’ll get far more than this whereas in others it can be as low as £70.
Your best bet is to visit SpareRoom and have a look what other people nearby are charging. Just pop your postcode or area into the search box on the homepage and click ’search now’.
If you do the same but check ‘Rooms wanted’ (instead of ‘Rooms for rent’) you can also see a list of all the people looking for a room in your area, which will give you an idea of who’s looking and what their budget is likely to be. Also have a look at the ‘Check average rents in this area’ link (on the right hand side of the ‘Rooms wanted’ search results page) to see average rents for different room sizes (with and without bills) in your area.
Don’t forget, you’ll need to to say whether your rent includes bills or not. Don’t just say ‘bills included’ without working out what they’ll add up to or you could end up cancelling out some of the financial benefit of having a lodger.
Tags: advice, live in landlords, lodgers, taking in a lodger
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December 9th, 2011
In the U.S. there’s a saying that they’re just friends we haven’t met yet; in the UK we’re told from a young age never to talk to them. It’s no wonder we Brits are more likely to treat strangers with suspicion.
If you’re British and visited the US you’ve probably experienced the surprise (and initial discomfort) of a complete stranger suddenly launching into conversation with you, perhaps on a bus or train. Many of us have also been surprised when, talking to a stranger, we realise that they are in fact not a freak and we’re actually getting on quite well with them – but really the odds of a stranger being a nice decent human being are pretty damn good, it’s just easy to forget that!
“How do I know who I’m taking in” (and variations on that theme) is one of the most common questions we get asked by people thinking about taking in a lodger.
Here are our top 3 tips to help you feel more reassured about who you’re taking in:
- Take your time. Not only do you not have to take the first lodger that responds to your ad, you also don’t have to make up your mind after one meeting. Try meeting for a drink in a cafe or pub. It’s neutral ground so you can both relax and get a more natural impression of each other. The more time you spend with them, the more opportunity there is to realise that they aren’t right for whatever reason.
- Get references. You should try to get previous landlord, employer, bank and personal references.
- Trust your instincts. Your instincts have thousands of years of evolution behind them. Sometimes you just know when something’s right or wrong, even if you can’t say why. It’s often best to use gut instinct over any list of pros and cons.
More than 9 out of 10 lodger landlords (of the thousands we’ve polled) have had a positive experience taking in a lodger. And 59% would even consider their lodger to be a friend. Out of the small % that had a negative experience, most were down to domestic fall outs and lifestyles differences that could’ve been avoided with the right preparation. Over the coming weeks we’ll give you our top tips straight from the mouths of other lodger landlords who’ve been there, done it and learned through experience.
Tags: advice, live in landlords, lodgers, taking in a lodger
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December 5th, 2011
As promised, here’s the first post in a series aimed at anyone thinking of taking in a lodger. There’s plenty more info and advice to follow but you’ve got to start somewhere so we started with a question:
Who makes the best lodgers?
Something that causes great debate between our users (and us at SpareRoom) is whether existing friends or strangers make the best lodgers or flatmates. On the surface it seems like the answer would be obvious, but in fact it’s not so straightforward. Of course, existing friends can make fantastic flatmates, but this should be approached with caution because there’s a danger of losing them if things don’t work out.
The trouble is that living with someone is a wholly different kind of relationship. When friends fall out it tends to be over the important things in life, but in a household it’s more likely to be relatively trivial things (that in an ideal world no one would ever fall out about). Things like who last bought toilet paper and the maximum time washing up should be left for. Some of us have experienced moving in with partners only to have the honeymoon period brought to an abrupt end once the bickering over domestic chores starts!
The other issue is that, if you know someone well and are very comfortable with them, you’re more likely to take things for granted and abuse the situation – often unintentionally. If, for instance, your friend is struggling for money one month, he or she might think that (out of the people they owe money to) you’re the one who would mind least hanging on. Because they’re your friend you might not feel comfortable saying ‘actually I really do need the rent on time this month because I’ve got to pay the mortgage’.
Out of 100s we polled, only 28% said existing friends make the best flatmates. Most felt that strangers were better, mainly because they’re more likely to know where the boundaries are and it makes it easier to establish ground rules from the outset.
Of course some friends end up living together and loving it so don’t be put off by any of this – all we ask is that you consider the options first as the great thing about taking in lodgers is there are plenty of options.
If you’re considering advertising for a lodger, the next post will try to answer the question almost everyone asks: “How do I know who I’m taking in?”.
Tags: advice, live in landlords, lodgers, taking in a lodger
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November 30th, 2011
The New Year always sees a rush for shared accommodation. In fact January is the single busiest month on SpareRoom.
In part, no doubt, this is driven by a new batch of people taking in lodgers to cope with the post-Christmas financial hangover. With that in mind we’ll be starting a new series of blog posts as from Monday, full of tips and advice for anyone thinking of renting out the spare room in their home.
It’s a big decision and one you shouldn’t take lightly. Luckily we’re on hand to guide you through the process and we also have plenty of advice from others who’ve done so (and who can point out the pitfalls in advance to help you avoid them).
Check back on Monday for post #1
Matt
Tags: advice, how to rent a room, live in landlords, lodgers, renting, taking in a lodger
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November 30th, 2011
We have a winner for our latest Live Rent Free competition.
The lucky winner of a month’s free rent (courtesy of us) and an iPad (courtesy of Sarah Beeny’s mysinglefriend.com) is Natalie Ross.
Natalie lives in LS13 (Leeds) so wins £320.66 – taking the total we’ve given away so far to £20,327.17.
Natalie says:
“I live and work in Leeds. I’m sharing at the moment so I can afford to live somewhere a bit nicer than I could afford on my own. I have had a tough year so it was great to have a bit of good luck for a change, I can’t believe that I won in the month you were giving away an iPad too!!! I’ve wanted one for ages but couldn’t justify the cost. I have a couple of weekends away planned, visiting friends in Galway and Zurich so I’ll be changing the money into Euros and treating myself to Guinness and glühwein.”

You’ve got one more chance to enter Live Rent Free in 2011 – enter now for your chance to start 2012 on a high.
Tags: competition, liverentfree, mysinglefriend.com, sarah beeny
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November 30th, 2011
We were approached recently by SheSays, the global creative network for women, to get involved in an event in January.
‘Get over it…overcoming obstacles’ is a networking event for women in the creative business in Brighton and will take place on January 12th. SpareRoom is happy to be able to sponsor the event and buy attendees a glass of wine or two.
The event will focus on overcoming adversity, feeling the fear and moving on up to success and will feature Sally Turner as guest speaker. For more info visit WeAreSheSays.com
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October 24th, 2011
As we do every month, SpareRoom has paid another lucky winner’s rent in October. This month it’s the turn of Maurizio who lives in west London.
Maurizio enters Live Rent Free every month and won with one of his loyalty entries (free entries SpareRoom give to regular competition entrants as a reward for their…you guessed it…loyalty.
Maurizio says:
“I’ve used SpareRoom a few times before and started entering the competition religiously every month, so it now finally paid off! I have also recommended it to a number of people I know. I live in a very expensive area, Kensington (W14) and thanks to this great news I can pay off my credit card and buy a nice gift for my mum who lives in Italy.”
Maurizio’s prize takes the grand total we’ve given away in rent to a whopping £20,006.51
For a chance to win your month’s rent in November don’t forget to enter now.
As an added bonus, this month’s Live Rent Free is run in conjunction with Sarah Beeny’s Mysinglefriend.com. They’ve donated an iPad so November’s prize is a month’s rent plus an iPad.
Tags: competition, flatshare, iPad, liverentfree, mysinglefriend.com, renting, sarah beeny
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