Homeowners who decide to take a lodger may need to increase their level of home insurance cover, the Halifax has warned.

Halifax senior claims manager, Martyn Foulds, recommends that homeowners get reliable references before allowing someone to rent a room in their house, to ensure the trustworthiness of a potential lodger.

He added that lodgers are usually expected to take out their own insurance policy, since the homeowner’s cover does not often include their possessions.

Mr Foulds said: “Getting a lodger in is a great way to earn some extra money to help with the household budget, but it’s important to seek advice from your home insurer beforehand.

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