"The UK has over 10 million under-occupied homes, with at least two spare rooms each, creating an opportunity for homeowners to generate extra income without financial strain."
"Moovable is not just a room rental platform; it represents a new category of "spare room finance" that benefits both homeowners and renters financially."
London-based startup Moovable offers homeowners a tax-free lump sum for renting out spare rooms, aiming to unlock home value without incurring debt. The platform focuses on community building and benefits both owners and renters. Homeowners receive a monthly bill contribution, a share of annual rent, and a completion bonus, leading to no credit checks or repayment pressures. With 10 million under-occupied UK homes available, this initiative addresses the financial strain faced by many London residents while fostering a sense of community.
Read at www.newsshopper.co.uk
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