Householders urged to earn up to £3,500 a year from their empty storage space in the new 'Sharing Economy'

Householders urged to earn up to £3,500 a year from their empty storage space in the new ‘Sharing Economy’

Thousands of householders in towns and cities around the UK are being urged to make money from empty space in their homes and garages by a unique service which has found a way to turn unused cupboards, lofts, garages, driveways and spare rooms into a profitable earner as part of the sharing economy.

Storemates is a simple, cost-effective solution which has turned the concept of self-storage on its head. It connects verified local people with secure space – such as a garage or loft – with those looking for somewhere to store their surplus stuff. It’s up to 50% cheaper to store items than commercial self-storage, more eco-friendly and, as part of the sharing economy, a fast, easy and convenient way for anyone with a space big enough to store even something as small as a box with a viable means of  making extra cash each week.

The Airbnb of self-storage, Storemates provides a legal contract, verification, safeguards, secure payments and a free £10,000 Storemates Protection Cover for peace of mind. The demand for its service has been so successful that the company has launched a nationwide hunt for 2000 more hosts around the country.

Ben Rogers, co-founder of Storemates says, “We’ve been inundated with demand from all around the country and want to sign up 2000 more hosts. New hosts simply list their space on our site and then start to receive enquiries from locals needing a cost-effective place to store their stuff.”

Storemates provides all of the necessary paperwork including rental agreements and manages monthly rent collection. Hosts determine their own storage price, which is based on the amount of space available. A small 8sq loft space costs around £10 per week to rent – a fraction of the cost of other self-storage options – and gives the host a small income each month from a space they likely never even think about. Large and extra large spaces (100 – 150 sq ft) range from around £18 to £58 per week.

Storemates host Jan Rees said, “I have several people renting bits of my loft space for their belongings. It brings in an extra income and I am happy to make use of otherwise wasted space in my house to benefit my neighbours.”

As a new concept some people may be worried about having a strangers items in their home, but Shaff Prabatani, Co-founder says “We have really strict rules to make sure everything is above aboard and the whole experience is safe for everyone. Hosts are verified, they can check the items to be stored before accepting them and we have firm rules on what can and cannot be stored like perishable products, chemicals and anything illegal. There is full cover for both parties, and safe payments plus reviews and profiles of all users. In fact we have never had an abuse of trust or a single incident ever.

We expect demand to continue growing and are looking for 2000 new hosts around the country as a result.”

To register as a host or to find a local storage space, visit