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How much should I charge for rent?

How much should I charge for rent?

How do I set my rent?

You have two choices when it comes to setting rent - static and dynamic pricing.

Static pricing allows you to choose, and set your own prices. These must be inline with our Fair Pricing Policy.

If you are unsure how much to charge, we would advise using our platform to review other spaces and their prices in your area. 

Dynamic pricing gives YourParkingSpace the ability to set pricing for you. We will take into account pricing and supply and demand in your area to set a price for you. More information on dynamic pricing can be found here

I want to change the price of my rent permanently

You are able to change the price of your rent at any time. You have the ability to do this via your account.

  1. Login to your account here
  2. Locate the required space 
  3. Click ‘Manage Listing’ 
  4. Navigate to ‘Step 2’ and then ‘Booking settings, Calendar, Price’
  5. Click ‘Change’ next to ‘Rental Type and Pricing’
  6. Follow the steps and set your new price!

I want to change the rent price for certain periods of time

We understand that some instances may occur where you wish to amend the price of your space for a certain period of time only. You are able to amend this via your availability calendar.

  1. Login to your account here 
  2. Locate the required space 
  3. Click ‘Availability’
  4. Click on the day(s) you wish to amend 
  5. In the right hand side pop up box, amend to your new price
  6. Click Save changes!

When will I receive my rent payments?

You will receive your rent payments on the 1st working day of the month.

These payments will include 

  1. Payment for bookings completed before the last day of the month (provided your earnings total more than £10.00)
  2. Any long term monthly payment for the month 

For more information on your Space Owner earnings click here

Does YourParkingSpace deduct from my Rent?

YourParkingSpace adds a 20% uplift to your rent amount. 

For example…

You set your rent at £20.00 per month via the static pricing option. 

We automatically add 20% on top of this 

20% = £4.00 + £20.00 = £24.00

So deductions from the rent you set are 0!

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YourParkingSpace Office Hours

Monday: 9am - 5pm
Tuesday: 9am - 5pm
Wednesday: 9am - 5pm
Thursday: 9am - 5pm
Friday: 9am - 5pm
Saturday: 10am - 5pm
Sunday: 10am - 5pm