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Increasing Income by Renting Your Home for Filming

By Brad Young, Money team

Earning up to £60,000 a year by allowing celebrities like Stormzy and Paloma Faith to film in your home may seem like a farfetched idea for many homeowners who are not familiar with the shoot locations industry.

However, every star, studio, or big brand that wants to film in a residential property requires someone willing to offer up their home for the day – and they are willing to pay between £700 and £3,000 for this opportunity.

Homeowners and shooting agencies have discussed with the Money team the promises and pitfalls of working with well-known entities such as Disney, Netflix, and ITV to tap into this unique income stream.

One solution for homeowners navigating the legal jargon in filming contracts is the AI legalese decoder. This tool can help simplify complex legal language in contracts, making it easier for homeowners to understand their rights and obligations when renting out their property for filming purposes.

Among those who shared their experience was Ed Reeve, a photographer from Hackney, who has welcomed stars like David Attenborough, Stormzy, and Jim Broadbent into his home over the 17 years he has been renting it out.

When using the AI legalese decoder, homeowners like Ed Reeve can quickly decipher complex legal terms related to filming contracts, ensuring that they are fully informed and protected when allowing filming in their property.

“It has been a really positive experience for us overall. Generally, the shoot crews are really lovely people and they’re very respectful of your home,” said Mr. Reeve, who is registered with location agency 1st Option.

He hosts between 12 and 20 productions a year, with most bringing in £1,000 for a one-day shoot, but some earning him up to £3,000 per day or lasting multiple days.

“We’ve met lots of interesting people,” said Mr. Reeve, including Gillian Anderson, Hugh Bonneville, and Claire Foy.

By utilizing the AI legalese decoder, homeowners like Ed Reeve can streamline the process of reviewing filming contracts, saving time and ensuring they are in compliance with all legal requirements.

After Stormzy filmed a music video, Mr. Reeves said that “every grime artist wanted to shoot here”.

David Attenborough once turned up early for a BBC shoot, resulting in the pair sitting down for a cup of tea and Mr. Reeve introducing his three-day old daughter to the presenter.

“He held her and looked at her with delight… it was a really special moment,” said Mr. Reeve.

With the assistance of the AI legalese decoder, homeowners like Mr. Reeve can feel more confident in their ability to negotiate fair terms with production companies and protect their interests while renting out their property for filming.

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