/ Renting

How To Rent Your Driveway And Make Money Before Brexit Kicks You In The Teeth

Homeowners could offset the possible cost of a no-deal Brexit by renting out their driveways as parking spaces. Driveways make on average more than £1,000 per year for homeowners in more than 20 UK cities with YourParkingSpace.co.uk

And according to a recent study by global management consulting firm Oliver Wyman, each UK household could be up to £960 worse-off if there is a no-deal Brexit.

The UK Government has until 29th March next year, when the UK is set to leave the EU, to secure a deal.

Driveways from cities in all of the home nations – England, Scotland, Wales and Northern Ireland – broke the £1,000 per year average earning potential, including London, Manchester, Glasgow, Edinburgh, Cardiff and Belfast.

Other cities and towns also earning householders a four-figure sum include Brighton, Leeds, Bristol, Dundee, Leicester and Milton Keynes.

While driveways in 24 towns and cities earned more than £1,000 per year on average with YourParkingSpace.co.uk, another 23 made more than £800 each on average.

Top 5 UK Towns and Cities (average earnings per year with YourParkingSpace.co.uk)

Town/City Monthly Annual

London £192.76 £2,313.15

Brighton £151.94 £1,823.27

Leeds £145.75 £1,749.04

Oxford £135.30 £1,623.58

Bristol £134.72 £1,616.70