In the UK, it’s estimated that there are around 19.5 million empty bedrooms, and an innovative scheme has just been launched, aimed at helping cash-strapped London homeowners monetise their unused space.
Fintech company Moovable has created a ‘Life Boost’ product, which gives homeowners an up-front cash lump sum of between £3,000 and £15,000 in exchange for renting out one (or a maximum of two) of their spare rooms for between six to 24 months.
