London Homeowners Can Earn £665 Per Shoot – Here’s How You Can Too

Homeowners in the UK now have a creative way to make extra money: renting out their homes for film and photo shoots. This opportunity allows property owners to earn substantial income by hosting short-term projects like photoshoots, music videos, and even events. If done right, this side hustle can be both lucrative and hassle-free.

How Much Can You Earn?

In cities like London, homeowners can earn an average of £550 per booking, depending on their property’s features. Homes with desirable attributes such as home offices, glass doors, and kitchen islands are in high demand, raising their value to an average of £665 per booking. These features are particularly appealing to production teams looking for stylish and functional spaces.

Tyler Quiel, CEO of Giggster, explains that hourly rentals are a great way to earn additional income. He advises homeowners to evaluate their property’s worth carefully and set competitive rates. For smaller projects, starting prices of £100 to £200 per hour can attract short and straightforward bookings.

How to Prepare Your Property for Rentals

Before opening your home to film crews, it’s essential to prepare and present it effectively. Here’s how:

1. Understand Your Property’s Value

Research similar properties on rental platforms to determine a fair price. Adjust your rates based on the size of the crew, the duration of the shoot, and any additional services you can offer, such as parking or equipment storage.

2. Highlight Unique Features

Identify what makes your property special. Does your home have unique period details, a cozy aesthetic, or modern design elements? Use these features to craft an appealing listing. For example, emphasize spacious seating areas or a distinctive décor style to attract renters.

3. Take High-Quality Photos

Good images are crucial to capturing attention online. Ensure your photos highlight the best aspects of your property. Bright lighting, clean spaces, and clear angles can make your listing more attractive to potential clients.

4. Set Clear Rules

Establish house rules to protect your home. Specify areas that are off-limits, the number of people allowed on-site, and guidelines for using equipment. Clear communication helps avoid misunderstandings and safeguards your property from damage.

5. Verify Prospective Renters

Conduct thorough background checks before accepting a booking. Ask questions about the project, the size of the crew, and their specific requirements. Ensure the project aligns with your preferences to avoid surprises.

Benefits of Renting Out Your Property

Renting your home for shoots can provide a steady stream of income, especially during tough economic times. Recent research by Simply Business revealed that 48% of Britons have taken on side hustles to cope with the rising cost of living. Property rental is a flexible option that doesn’t require long-term commitments.

Challenges to Consider

While the idea of renting out your home sounds appealing, there are challenges to keep in mind:

• Potential Damage: Film crews may unintentionally cause wear and tear. Ensure your home insurance policy covers such risks.
• Logistical Issues: Make sure your property has enough space for crew members, equipment, and vehicles.
• Time Commitment: Preparing your home, coordinating with renters, and cleaning up after shoots can be time-consuming.

By addressing these challenges proactively, you can enjoy the benefits of this income stream with minimal hassle.

Why More Homeowners Are Exploring This Option

The growing popularity of renting properties for creative projects is tied to the flexibility and earning potential it offers. Unlike long-term rentals, hourly bookings allow homeowners to retain control over their schedules. Additionally, with platforms like Giggster simplifying the process, listing your property has never been easier.

Conclusion

Renting out your home for film and photo shoots is a fantastic way to supplement your income. By preparing your property, setting clear rules, and understanding its value, you can attract the right clients and make the most of this opportunity.

Whether you’re in a bustling city like London or elsewhere in the UK, this side hustle could help you navigate financial challenges while making your home work for you.

This article has been carefully fact-checked by our editorial team to ensure accuracy and eliminate any misleading information. We are committed to maintaining the highest standards of integrity in our content.