make money from your house

With property prices falling faster than Gordon Brown’s facial expression, I’ve been thinking about ways to make money from your house. Three ideas spring to mind:

  1. The most obvious one: take in a lodger. If things got tight at Thrifty Towers this is what we would do, although the idea of there being a second person to fight for the TV remote is pretty horrifying.
  2. Register your house as a film shoot locations. I’ve put our house on the Screen Yorkshire database. Admittedly it isn’t quite as grand as some of the other locations for hire, which include York Minster and numerous stately homes. But I figured that next time they’re making a gritty northern drama, requiring down-at-heel abodes against a backdrop of low grey skies, we’re a shoo-in.
  3. This is more about saving money than making money, but a holiday homeswap is a third idea. You swap homes with another family for a week or two in the holiday location of your choice, thus saving bundles on accommodation costs. This concept has been around for a while, but I suspect that with purse-strings tightening, it may become more popular still. One new website ukholidayswapshop, is dedication to holiday swaps within the UK; it’s free to register and list your property. Then you wait for interested parties to contact you; if you want to shop around on the site, it’s a £15 fee. Seems reasonable enough – although I suspect that if you live in, say, Penrith, you may have more luck than if you live in Middlesbrough.

What do you think? What can we add to this list?

Image credit: wonderlane.

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