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Results: Student accommodation: which is most moneysaving?

Halls of residence

16.67% • 6 votes

Private student halls

0% • 0 votes

Student house / flat found through your university

5.56% • 2 votes

Student house / flat rented privately

11.11% • 4 votes

House / flat specifically bought for you by your parents

2.78% • 1 votes

Sharing with non-students

0% • 0 votes

Renting a room in a landlord's home

2.78% • 1 votes

Stay at home with parents

83.33% • 30 votes

You may not vote on this poll

36 votes in total.

  • FIRST POST
    • MSE Andrea
    • By MSE Andrea 20th Sep 16, 10:39 AM
    • 8,806Posts
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    MSE Andrea
    Student accommodation: which of these saves you the most money?
    • #1
    • 20th Sep 16, 10:39 AM
    Student accommodation: which of these saves you the most money? 20th Sep 16 at 10:39 AM

    Students (new and old!)

    Whether you're a fresher starting university this year or a seasoned student well into your course, finding accommodation that's both suitable AND cost effective can be difficult.

    So we thought we'd ask which of the many accommodation options you feel saves you the most money?

    • Halls of residence
    • Private student halls
    • Student house / flat found through your university
    • Student house / flat rented privately
    • House / flat owned by your parents
    • Sharing with non-students
    • Renting a room in a landlord's home
    • Stay at home with parents

    Other useful MSE Student Reading
    Last edited by MSE Matt; 20-09-2016 at 11:14 AM.
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Page 1
    • adom_thomas
    • By adom_thomas 2nd Nov 16, 5:32 AM
    • 65 Posts
    • 26 Thanks
    adom_thomas
    • #2
    • 2nd Nov 16, 5:32 AM
    • #2
    • 2nd Nov 16, 5:32 AM
    Stay home with parents is the best option when university is located in the same city! But when university is located in another city then flat found through the university is best!
    • dimbo61
    • By dimbo61 12th Nov 16, 8:15 PM
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    dimbo61
    • #3
    • 12th Nov 16, 8:15 PM
    • #3
    • 12th Nov 16, 8:15 PM
    Normally I would say staying at home with parents but the costs of living and travel in London may actually make moving to a big Northern city worthwhile.
    Manchester, Liverpool, Leeds, Sheffield, Newcastle, Birmingham, etc
    Food, travel, accommodation, entertainment and everyday essentials cost so much more in London that moving up north to study and find a career may pay
    • boliston
    • By boliston 12th Nov 16, 8:29 PM
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    boliston
    • #4
    • 12th Nov 16, 8:29 PM
    • #4
    • 12th Nov 16, 8:29 PM
    I studied in london and paid nothing for travel as i cycled and walked everywhere - i fact i remember the huge amount of totally free entertainment (museums, conerts etc) on offer and dont remember spending a fortune on food either. I was in quite basic student halls without ensuite etc and very small room (room for bed and desk only) but when you are a student you dont worry about luxuries.
    • KeepOnKnitting
    • By KeepOnKnitting 23rd Nov 16, 4:06 PM
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    KeepOnKnitting
    • #5
    • 23rd Nov 16, 4:06 PM
    • #5
    • 23rd Nov 16, 4:06 PM
    I don't know how anyone can say halls of residence. They are extortionate compared to a houseshare.
    On a yarn diet, knitting my stash in a year of tight budgeting.
    • boliston
    • By boliston 23rd Nov 16, 7:42 PM
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    boliston
    • #6
    • 23rd Nov 16, 7:42 PM
    • #6
    • 23rd Nov 16, 7:42 PM
    I don't know how anyone can say halls of residence. They are extortionate compared to a houseshare.
    Originally posted by KeepOnKnitting
    Halls are often in a far better central location - a lot of house shares are in suburban areas.
    • Lily-Rose
    • By Lily-Rose 23rd Nov 16, 9:49 PM
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    Lily-Rose
    • #7
    • 23rd Nov 16, 9:49 PM
    • #7
    • 23rd Nov 16, 9:49 PM
    Obviously living with parents is cheaper - especially if you pay nothing to them! (Or very little.)

    But most people don't have that choice as the uni is often too far away. And even if the uni is only 20-30 miles away; when you factor in paying your parents board and lodgings, and having to travel to the uni most days, it may not work out much better.

    Plus, you can't have the full uni experience if you're home with your folks. 'Coming to the party tonight Lily???' 'Errr no, I need to get the 5 o clock train home...' Wow. Great uni life eh?

    BTW, I wouldn't say halls are extortionate compared to house share. My daughter paid £85 a week for halls, and that included all bills (electric, gas, and water rates...) It didn't include internet (though that was only £55 for the year.) And it never included food.

    Her house share was £100 a week, and that included electric and gas and water rates too, and they didn't pay council tax because they were students.

    So halls and house share were much of a muchness.
    Last edited by Lily-Rose; 23-11-2016 at 9:52 PM.
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    • dekaspace
    • By dekaspace 23rd Nov 16, 11:58 PM
    • 3,663 Posts
    • 2,992 Thanks
    dekaspace
    • #8
    • 23rd Nov 16, 11:58 PM
    • #8
    • 23rd Nov 16, 11:58 PM
    Obviously living with parents is cheaper - especially if you pay nothing to them! (Or very little.)

    But most people don't have that choice as the uni is often too far away. And even if the uni is only 20-30 miles away; when you factor in paying your parents board and lodgings, and having to travel to the uni most days, it may not work out much better.

    Plus, you can't have the full uni experience if you're home with your folks. 'Coming to the party tonight Lily???' 'Errr no, I need to get the 5 o clock train home...' Wow. Great uni life eh?

    BTW, I wouldn't say halls are extortionate compared to house share. My daughter paid £85 a week for halls, and that included all bills (electric, gas, and water rates...) It didn't include internet (though that was only £55 for the year.) And it never included food.

    Her house share was £100 a week, and that included electric and gas and water rates too, and they didn't pay council tax because they were students.

    So halls and house share were much of a muchness.
    Originally posted by Lily-Rose
    It depends, when I was at college in 2000, it was £48 a week for halls, but £45-£60 a week for private let, only thing we didn't get (bar internet but no one had it then) was we paid for own washing at £2.50 a time

    The property I had in 1999 was £45 a week for private house but that only was part inclusive of bills i.e if the bill went over the agreed amount we paid.

    When I was at uni in 2007 the campus I stayed at was £65 a week for halls, private lets were £45 for tiny rooms not inclusive, £65 average inclusive (but better than many peoples actual homes!) Main campus was £120 a week but fully catered (3 meals a day 7 days a week and included very fast internet)

    Last time the halls I went to in 2000 were open they were £90 a week and they closed saying they never got custom, well thats because for one the uni campus moved 3/4 of a mile away but also private lets were £50-£65 a week average without bills and £60-£70 inclusive of everything!

    But in general halls are more expensive, in Glasgow its around £120 a week for private halls, and £90-£100 a week for a west end houseshare all inclusive but in beautiful buildings.

    The uni has a few halls around £70-£90 a week but tiny rooms.
    • Christine29
    • By Christine29 27th Mar 17, 3:25 PM
    • 6 Posts
    • 1 Thanks
    Christine29
    • #9
    • 27th Mar 17, 3:25 PM
    • #9
    • 27th Mar 17, 3:25 PM
    Well, when I was a student I used to both rent and stay with my parents. Actually, for a year I used to combine these two, cause I wanted to save money for a trip. WIthout a doubt, when you are living alone you sort of gain freedom, you depend on no one etc. but you have to count on yourself only. You cannot live alone and ask your parents for money, cause this makes no sense. Whilst living with your parents means that you are 'obliged' to abide their rules and stuff, but at the same time you can save up for a new laptop, summer vacations etc. So it fully depends on you nad what you want.
    • Tammykitty
    • By Tammykitty 27th Mar 17, 3:34 PM
    • 545 Posts
    • 1,167 Thanks
    Tammykitty
    When I was at Uni, the catered halls were actually the cheapest option overall.


    Although, they were very old towerblock buildings.


    In catered, you had to move out for a month at Christmas. Month at Easter and then the summer as well - this is why they actually were cheaper overall
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    • tower
    • By tower 2nd Jun 17, 7:17 PM
    • 223 Posts
    • 85 Thanks
    tower
    I don't know how anyone can say halls of residence. They are extortionate compared to a houseshare.
    Originally posted by KeepOnKnitting
    Normally you have to rent for 52 weeks, in halls it's between 30-42 weeks...
    • thepurplepixie
    • By thepurplepixie 3rd Jun 17, 9:04 PM
    • 937 Posts
    • 1,646 Thanks
    thepurplepixie
    With my kids halls were cheaper. With both they chose the cheapest halls, if they had wanted en-suite they could have paid double. They had no bills, no travel expenses as they could walk everywhere and the cleaner kept it all quite civilised.
    • KeepOnKnitting
    • By KeepOnKnitting 25th Jun 17, 6:11 PM
    • 106 Posts
    • 127 Thanks
    KeepOnKnitting
    Normally you have to rent for 52 weeks, in halls it's between 30-42 weeks...
    Originally posted by tower
    Ah, I am obviously looking at this from a different perspective to everyone else. Student nurse. 45 weeks a year tuition, with holiday scattered through the year, so you need a room for 52 weeks. The students in halls on my course are having to move from room to room over the summer until their private lets become available. Campus is about a mile outside the city centre, so private lets are nearer town. Plus halls are mostly £130+ per week, where private rooms are from £90 including bills.
    On a yarn diet, knitting my stash in a year of tight budgeting.
    • dipsy
    • By dipsy 28th Jun 17, 3:43 PM
    • 3,000 Posts
    • 9,671 Thanks
    dipsy
    my daughter and I looked at halls, more expensive even allowing for the 42 vs 52 weeks formula

    She shares with someone she knew before going to uni - the rent each of them for a 2 bedroom duplex apartment, shared living room, kitchen (with washer /dryer), cooker, microwave, fridge freezer etc, bathroom, concierge and free gym access is

    £350 each per month = £4,200 PA based on 12 months
    (bills inc sky/water/heating/TV licence & Insurance) has been Average £19.25 each PCM for this first year (£231 + £4,200 = £4,431)

    Halls, cheapest was £125 p/w - although included bills (if I recall) £5,250 PA based on 42 weeks + TV Licence (£147) + Insurance (say £110)?

    = £5507 (42 weeks) vs £4431 (52 weeks) difference of £1076

    True difference if keeping halls for the full 52 weeks is

    125 x 52 = £6500 + TV Lic and insurance = £6757 - £4431 = £2326



    Also in halls not as convenient as you have to take your washing and do "pay as you go" to do washing - which is about £5 a shot as I recall from when my son was at uni in halls

    you also have to factor in removing your belongings from your room for the other 10 weeks
    Last edited by dipsy; 28-06-2017 at 3:53 PM.
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    • parksandrec
    • By parksandrec 22nd Sep 17, 7:06 PM
    • 225 Posts
    • 1,024 Thanks
    parksandrec
    Think of it this way. You pay £120 for sake of argument on halls of residence which is probably going to be in a more central area closer to the town centre. Yes you're paying more but you'll spend less on travel be closer to supermarkets and local attractions. Think about after a night out if you can walk back instead of paying for a taxi that'll probably rip you off. In my case I paid £110 and this was with a nice ensuite for my first halls as I went through a private company and then got a bus pass for the year which worked out as under £7 per week for unlimited travel to uni/work basically wherever I wanted to be. I wouldn't always be so quick to discount halls until you've done the research

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    • AmyTheThriftyStudent
    • By AmyTheThriftyStudent 27th Sep 17, 9:33 PM
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    AmyTheThriftyStudent
    I am a mature student doing my second BSc, and have been quite thorough about shopping around for student accommodation each time, looking for a good deal while taking into account my personal preferences.

    I never considered living with my parents while studying as the closest university would've been 40 minutes away by train, it was far from the best university, and I wanted the independence of living on my own anyway.

    During my first degree I went into catered halls of residence in my first year. This was in 2006 and it cost £4500/year, including a generous breakfast and evening meal. We only had to move out for the summer holidays. This had the benefit of helping me find a group of friends from a large pool of students.

    My rent + bills + food was slightly cheaper in 2007 and 2008. I left househunting until mid-August each summer so that I wouldn't have to pay for summer rent. I paid £325/month rent for 9 months in my second year, and £280/month for 9 months in my third year. For both of these years the bills came to approximately £50pppmonth, and I had a very tight budget of £20/week for food.

    This time (2016) I rented a room from a private landlord just Monday - Friday and went home on weekends. I paid just £150/month including bills for the Monday-Friday deal. This is unusually good though - I found it by asking friends if they knew anyone in the area who might be willing to take on a Mon-Fri lodger. Now I am commuting from home which costs me approx £20/day 5 days/week, but I will only need to do this for 3 months, then I go out on placements.

    In my experience the private halls of residence (not run by the universities) are the most extortionate rent - I think the private businesses prey on people who are new to renting (or new to renting in the UK) who don't know all the options available to them. I viewed a "Unite House" flat when I was looking for student accommodation in 2007, and as well as the bedroom being a shoe-box the en suite bathroom consisted of a shower pretty much over the toilet and a tiny sink. There was nowhere to hang a towel or leave your shower gel. Needless to say I didn't move in there!

    My best advice (as someone in their 7th year of being a student) is to shop around so you know what's out there, get advice from your university (in my experience they don't just try to sell the option of getting you into halls, they are happy to go through all the options they know of), and make sure you go and look at places in person if at all possible - a fish-eye camera lens is very deceptive in those online photos!
    Last edited by AmyTheThriftyStudent; 27-09-2017 at 9:39 PM. Reason: spelling and grammar
    • kingjohn
    • By kingjohn 26th Oct 17, 3:35 PM
    • 7 Posts
    • 2 Thanks
    kingjohn
    While staying on home is probably the cheapest option (if you're studying in same city as your parents live) this can often mean you completely miss out on the university experience. Might as well do an Open university course.
    My halls of residence was relatively cheap in comparison to other options (Hiatt baker Bristol Uni) but still expensive.
    Living out of Halls in my 2nd & 3rd years worked out as £450s per month just make sure try & avoid going through letting agents. Speak to people in the years above find out private landlords
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