Lots of holidaymakers like to look for ways to save money around travel to their destination. Many airport car parks charge incredibly high amounts for parking, and in some cases, it can be more expensive than the flight itself.
However, motorists could save money by parking on someone else’s driveway, with homeowners could be making a hefty sum from the deal. According to YourParkingSpace, the South West of England was the most beneficial for individual homeowners, with the potential annual average per space coming in at £9,905.
Those living near Bristol, Gloucestershire and Cornwall airports combined for a total revenue of £25,722. Parking spaces which were rented out near airports in Greater London, including Heathrow, Gatwick and London City, brought in over £293,000.
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This means that homeowners near the airports between January and December last year could have earned an average of £1,599, according to YourParkingSpace. Nearly half of the total amount came during the busiest months of the year - June to September - with a combined total of £115,005 earned during that period.
Brannan Coady, CEO of YourParkingSpace, warned that many airports would be looking to increase the price of their parking facilities and urged drivers to save money where possible. He said: “Last year we saw more Brits looking to get abroad following successive years of lengthy and serious travel disruptions.
“At the same time, we saw prices starting to rise across many on-site airport car parking sites, and this was when more holiday-goers started to shop around and realise there were savings out there. By being able to offer cheaper alternatives, space owners are able to offer competitive rates to those out there who are seeking a deal, but also make some extra money themselves at the same time.”
YourParkingSpace is an app that allows people to find people who want to rent your driveway. People set their own prices and it's free to list on the app.
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