Cost of Living Crisis: Newly Released Study by AskActive Shows True Cost of Spare Rooms, Announces Attic Self Storage
PR Web |
Unemployment is down, inflation remains low, everything looks grand. Except, wage growth is nowhere to be seen, placing pressure on households across the country.
Active Supply & Design has just released a timely analysis conducted in the
The conclusions will be very welcome news to millions of hard pressed households across the
The study found that the difference between the cost of taking on a self storage room and the rental income which could be achieved from renting out a spare room ranged from typically £61.00 per week in
Readers will of course need to ensure that they have the permission of their landlord or lender if they are considering letting out a room, as well as making sure that they have the appropriate level of insurance cover, if applicable. There may also be tax to account for if annual rental receipts exceed £4,250 (see HMRCs rent-a-room guidance) But while dealing with HMRC is never fun, the level of potential savings to be made surely outweighs the pain.
Many of us can no longer afford spare rooms, but plenty of us still do have spare rooms, either because someone moved out and we never got around to doing something about it, or because we have used that spare room to store all the things we simply can't seem to find space for anywhere else. With the ever decreasing size of new homes constantly in the news, storage space is becoming harder to find and so everything from people's winter clothes, hiking gear, Christmas decorations and tools through to unwanted but I-could-never-in-a-million-years-throw-this-away gifts is getting piled up, silently taking space and quietly costing money, in spare rooms all over the country.
As the self-storage industry has continued to grow in the
With wage growth in the
Read the full story at http://www.prweb.com/releases/2014/08/prweb12095332.htm
Copyright: | (c) 2014 PRWEB.COM Newswire |
Wordcount: | 666 |
Non-profit groups give $4,000 for repairs to Reach Out Center
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News