• Help with Bills,  Saving Money

    House Hacking In The UK

    Have you come across a term called “house hacking”? It’s commonly used in the US to describe a method used to try and self-finance a mortgage. But is house hacking in the UK a possibility? In this insight, we will cover what house hacking is, and if it’s possible to house hack in the UK. Key Takeaways House hacking in the UK will go some way to paying your mortgage costs, but possibly not all. You can benefit from the rent-a-room scheme allowing you to earn tax-free income from your house hack. Most lenders allow lodgers in the house, but you must also be a resident of the property. UK…

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