Moving Out...

mrpete

Hi
Not sure if this is in correct forum Sorry

Anyway, i'm 17. Me and a few mates are thinking about moving out (i'm deff going to move out this summer, with or without them tbh). All about the same age.

We had a quick look on the internet yesterday just to see howmuch things cost, and found a house that was 4 bedrooms, 280/wk, so 70 quid each. That isn't including bills.

I also am going to get a moped for traveling to work. How much do you think I will need to earn a week, to afford the house (well room...)/bills/food/moped/going out?

Also, as i am only 17, are there any benifits I can get for living by myself etc?

Cheers :beer:

EDIT -
Also, I am assuming summer is the best time to look for them, as uni students won't be there, so many will be vacant (i want to rent for more than just the summer though).
Also, how much deposit do most places want? A months? And do you need proof of income?
Thanks

chugalug

Will you be 17 when you move out?? TBH, landlords wont be able to let to you until you're at least 18. The majority of private lets will want a months deposit plus a months rent in advance. There are usually credit checks to get through.

How much will it cost?? I depends on a lot of things. What area you're in ie the South east/London is going to be far more expensive than Sheffield for example.

A single man I know has his own one bed flat in the SE. Mortgage is £400 per month, elec,gas, phone, water cost another £80-100 per month. Then there's food, property maintenance, tv licence, insurances etc on top. He earns £20000 before deductions and finds it pretty hard going. A single bloke's got to have a social life after all!!!

If you go into a houseshare theres the advantage of it being cheaper. There's the disadvantage of splitting the bills, people not paying their way, food sharing going horribly wrong etc etc.

If you're going to leave and not live with your mates there's always being a lodger. A sort of halfway option.

A moped doesnt cost too much to run - my son had one as his first vehicle. Petrol and tax is quite cheap but the insurance is horrendous. I think at 17 he paid over £700 per year.

How much do you need to earn?? Who knows!! There's no real figure cos it depends on where you live and your lifestyle. I would think that just with rent etc you wouldnt get much change out of £200 a week. If you're working, there arent any benefits you can claim except for housing benefit. Then you'd be subject to all sorts of rules and regulations including the single room rent restriction. I think thats a question for the benefits board should that happen.

HTH

Ninepurrs

If you (& everyone living with you) are a student, then you won't have to pay council tax. Be warned though, if even one person in your shared house isn't, then you have to pay it.

Gerradene

Hello,

I got my moped when i was 21, it costs £2,200.00 (i did buy it brand new)
my insurance was £450 for the first year, Tax is £15 per year and a full tank of petrol is £5. You also need to service at least once a year, i pay £65 and if your moped is over 3 years old you will need MOT £23ish.

You will also need to make sure your provisional has motorcycle entitlement and do a CBT course before you can go out on the road.

My moped costs me £2.50 a week in petrol, and i have now started to put £25 a month into savings to cover insurance, MOT and service.

Sorry i can't advise on cost of living in shared house, Good luck with everything.

I have seen rooms in shared houses advertised as bills included and wonder whether it would be possible for you and your friends to do this, and all get rooms in the same house? So you would all be sharing the house together but would all have seperate contracts with the landlord. This could stop you from being liable for the extra rent should one of your friends move out and you would not need to worry about bills. Not sure if that is possible but maybe something to look into.

HTH

nicola1982_2

Gerradene wrote:

Hello,

I got my moped when i was 21, it costs £2,200.00 (i did buy it brand new)
my insurance was £450 for the first year, Tax is £15 per year and a full tank of petrol is £5. You also need to service at least once a year, i pay £65 and if your moped is over 3 years old you will need MOT £23ish.

You will also need to make sure your provisional has motorcycle entitlement and do a CBT course before you can go out on the road.

My moped costs me £2.50 a week in petrol, and i have now started to put £25 a month into savings to cover insurance, MOT and service.

Sorry i can't advise on cost of living in shared house, Good luck with everything.

I have seen rooms in shared houses advertised as bills included and wonder whether it would be possible for you and your friends to do this, and all get rooms in the same house? So you would all be sharing the house together but would all have seperate contracts with the landlord. This could stop you from being liable for the extra rent should one of your friends move out and you would not need to worry about bills. Not sure if that is possible but maybe something to look into.

HTH

Wow - I didn't realise mopeds were so cheap to run!

Doom_and_Gloom

I'm 16 and I'm moving out this weekend (I'll be 17 on the 21st) and I can't be put on any of the paperwork until I'm 18 as the landlord won’t allow it. Some landlords will allow 16+ but it is finding them and more often than not you have to show that it is not possible for you to live with your parent(s)/carer(s) eg they have kicked you out. If one of you is 18+ they will be the one on the paperwork which they might not like as if anything goes wrong it’s in their name and they will have to pay for everything. A lot of renting contracts are 12 months sometimes more (there are those that are less though) and that is something you have to think logically about. Will you be secure for 12 months or more income?

The other 4 that I am moving in with are all 19 and are 20 soon so that means they are the ones allowed on the paperwork (and are actually once I think of it). The rent for the place is £650/month split by 5 people at the moment, £130ea, but after the summer will be split 6 ways, £108.34ea, (the 6th person that will be joining us is about half a year younger than I am so can't be put on the paperwork yet either).

We are splitting the bill for everything flat related (rent, water bill, electric bill etc), however with things like food, transport etc we pay our own ways. This we feel will make it easier for us as there will be fewer arguments that are money related between us and if there are any arguments it will be easier to combat we think.

We worked out that we need to earn at least £100/wk to live comfortably with everything; electric, water, food, mobs, TV licence, internet, council tax etc. However with a moped and going out you may wish to aim for about £125, probably £150, or more a week in income.

I’m not sure about if you can claim any benefits. I think that you may not be entitled to any. However I may be wrong and if I am can someone say as that will mean I’ll more than likely be entitled to them also and any money I can get will be appreciated. Just in case you are entitled cheek and see about income support, JSA (if working under 16hrs I think 16+ aged people can claim) and anything else (I can’t remember the others, if there are any, right now).

Unfortunately I do not know the best time for looking for a place to rent. I would have thought any time but I may be wrong (and probably am too).

The deposit for the place we wanted was one and a half months rent for the place (£975) and then a month rent (£650) was wanted in advance to cover the first month we are going to be there (so £1,625 for all of us, £325ea). If that’s what yours want from you on the place you want that will be £1,960 (£490ea). Saying that some only want a month rent for the deposit and some can be double a month rent for the deposit, it depends on the landlord and also agents etc.

You do need proof of income. 3 pay slips from the months before is standard I believe.

I hope that helps you.

charlie007

i would stay home if you could possibly stick it and save for a mortgage, and it is sooooooooooooooooooo much cheeper living with parents, not to mention all the perks like cooked food and clean clothes

dippy-dora_2

I think you should forget the 'going out' bit lol
When you first leave home you think great, I can get drunk when I like, have parties etc - it doesn't take long before you realise just how much living actually costs!! And there are plenty of hidden costs that you havn't thought of.
My advice, stay at home as long as you can and save in the meantime.
if you can get a good job and a mortgage then you'll be better off.
I couldn't have left home at 18 if I hadn't got a mortgage as I couldn't afford to rent!
There's also the possibilitie that after a few months of living with people you might grow to hate them intensly!

You can always go round to your mates house to chill out in, with the more money than them cos you stayed at home.

dippy-dora_2

I also am going to get a moped for traveling to work. How much do you think I will need to earn a week, to afford the house (well room...)/bills/food/moped/going out?

get the job first, then see what you can afford, not the otherway round

Savvy_Sue

If there are difficulties with remaining at home, then it may be worth contacting your Connexions Personal Adviser who in theory can advise about such things as accommodation, and everyone under 19 should have one. There may be supported accommodation for under 25s in your area, this can vary from hostel type with meals available to pretty much independent with a Tenancy Support Worker popping in at regular intervals to make sure you're OK and remembering to pay the rent and other bills. That's especially worth looking into if you want to continue your education in any shape or form.

Trust me (and everyone else who says so), living independently costs a lot more than you expect!