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Thursday, 09 July 2009 21:20

Monday to Friday info for landlords

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If you have a spare room, live near to an area of good employment, and are looking for ways of generating some income (or simply want some company), you may be considering taking a lodger. However if you occasionally need to use your spare room, want your home to yourself sometimes and don’t like the idea of a permanent lodger, then consider letting a room for weekdays only.

More and more workers are looking for Monday to Friday lodgings when they are working away from home or as an alternative to a lengthy commute. For landlords there are some specific advantages of taking weekday lodgers:

  • Generate rental income from a spare room with minimal inconvenience
  • Retain use of the bedroom and the whole house to yourself at weekends.
  • Have a tenant with few (or no) possessions left at your house
  • Your lodger is not a permanent resident in your home.
  • Easier to find professional lodgers, people looking for a permanent residence are less likely to be professional workers.

Usually weekday lodgers take the room for four nights a week, Monday to Thursday, but there are many variations. These include:

  • Three nights a week, usually Monday to Wednesday, for people who work at home one day a week (often Friday)
  • Just two or three nights a week
  • Other potential lodgers are based away from home and travel extensively but need a base for (say) ten variable nights a month.

Overseas commuting is an even more extreme form of commuting where the worker lives in one country and travels to another for work. They often stay in hotels near where their place of work. Overseas commuters could be commuting weekly from abroad, or working for every other week, working from home the rest of the time. Another common arrangement, is to work ten days and return home for four days, which translates to nine nights continuous (often Tuesday night to a week on Wednesday night) and then five nights at home. This isn’t strictly Monday to Friday, but it may be attractive.

Read 453 times Last modified on Wednesday, 06 July 2011 13:35

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