Ready for a royal wedding cash-in?

Seldom does anyone outside the upper class benefit from involvement with Britain’s royal family. So the opportunity that arises next month is worth seizing.

A member of Britain’s monarchy will wed a woman at Westminster Abbey on Friday 29 April 2000 and Hackney people could make a little money by letting to a tourist at a higher rate than usual a spare room. Or a potentially spare room: your teenage children would enjoy sleeping in your tatty holiday tent in the garden for a few days cool spring nights, wouldn’t they?

This is the second time this topic has been covered by Loving Dalston. And that is because it has assembled more advice.

What should be charged for a room in Hackney around wedding time?

Stephen Rapoport of Crashpadder.com says: “A private double bedroom could attract £50 a night; a sofa bed would cost less.

“As a general rule, try to charge half the cost of a comparable local hotel or bed-and-breakfast. Some people letting a room would include a meal, others access to the kitchen.”
Rapoport adds that it is important is to “be open and honest and to ensure that the price reflects what you offer”.
As to using an agent, Rapoport says: “It’s free to list a room on Crashpadder.com and we keep only 10 per cent of a booking when it is confirmed.”
A good way to determine a price is to look at what is being sought by advertisers on sites such as Crashpadder, Spareroom and gumtree. A typical, non-special-event rate for a small single bedroom in Hackney is £75 a week, including services but excluding food.


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