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single parent renting one-bed

As the title says, As a single parent with a young child would you consider renting a one-bed property (fairly short term) to save £100+ a month
LBM- 01/04/2014
DEBTS @ LBM [STRIKE]£5558.08[/STRIKE] £4770.00
House savings £240/£3000 8%
Uni Savings £11.46/£1146 1%
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Comments

  • shop-to-drop
    shop-to-drop Posts: 4,340 Forumite
    Why not sounds like a good idea if it's a means to an end.
    :j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)
  • thequant
    thequant Posts: 1,220 Forumite
    StarMummy wrote: »
    As the title says, As a single parent with a young child would you consider renting a one-bed property (fairly short term) to save £100+ a month


    Depends how young the child is and if you are planning to be bringing men home.
  • thequant wrote: »
    Depends how young the child is and if you are planning to be bringing men home.

    'bringing home men' not really that kind of girl. The child is four.
    LBM- 01/04/2014
    DEBTS @ LBM [STRIKE]£5558.08[/STRIKE] £4770.00
    House savings £240/£3000 8%
    Uni Savings £11.46/£1146 1%
  • I think it would be fine for a year or two. By the time the child wants to start bringing friends home from school and have sleepovers etc it might become more appropriate to have a 2 bed.
  • questionss
    questionss Posts: 322 Forumite
    I'd struggle to share a room with my 4 year old but would consider a one bed where he slept in the bedroom and I could use a sofa bed or a single day bed type bed or similar in the lounge. If I had to share a room I could but I'd try to avoid it, we both like our space.
  • StarMummy wrote: »
    As the title says, As a single parent with a young child would you consider renting a one-bed property (fairly short term) to save £100+ a month

    i wouldn't for 100£ , i'd try and make the savings elsewhere first, bear in mind all the moving costs, agent fees etc. it wouldn't be worthwhile shortterm

    is the 100£ difference a big percentage of your incoming money?
  • LocoLoco
    LocoLoco Posts: 422 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I've got a much older child (12) and I'd definitely consider a one bed, I'd have no problem with sleeping on a sofa bed in the sitting room or even putting a bed and a sofa in it if it were big enough.
  • shop-to-drop
    shop-to-drop Posts: 4,340 Forumite
    edited 10 April 2014 at 10:50AM
    When I was a young school girl maybe 5 or 6 my best friend lived in a flat with her mum and they had bunk beds. I used to go to play frequently and didn't think anything negative about there living arrangements and this was back in the 1970's. I thought she was lucky as she had lots of close contact with her mum whereas I was the forth of five and so my mum had very limited time to spend with me.

    It's only since thinking back about her as an adult I realise that her situation was rare and probably due to financial problems lack of a dad. She moved away so I don't know how things changed for her and her mum.
    :j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    My friend had this arrangement for more than 7 years, since her kid was a babe in arms and is now about to move into a 3 bed council flat.

    She wanted this to keep her higher priority banding with her social housing application as she got extra points for overcrowding.

    Took her an age to secure a property through choice based letting though but ultimately her gamble paid off.

    I assume this may also put the OP in better stead for a social housing property in the future as I expect many social housing landlords have an overcrowding policy, although I guess some may have extra rules to try and prevent households from deliberately overcrowding themselves, such as accepting new family members to it, (not sure, really, just speculating).
  • I currently live with parents, have done since i split from daughters dad three years ago. Social housing is a no go. My housing officer (an old school friend) told me that my only chance was to give up work. ATM i work full time and I am doing studies in my spare time to a professional level which should pay off big time when I qualify at the end of next year. My daughter starts school in September and I feel a real need to move by then so she is more settled and closer to friends etc. I am currently trying to pay off a little bit of debt and don't want to leave myself tight while paying for studies etc. The arrangement would only be for a year or so until I'm qualified and my pay increases drastically.
    I do have a boyfriend (not daughters father) of 18 months, but due to both our work commitments (he is in London most of the time) living together isn't an option at this point, He gets on brilliantly with daughter.
    to be honest my daughter ends up in my bed most nights anyway so sharing space (which is tight at parents) is nothing new. The bedroom would officially be hers, but housing my clothes and if BF where to stay over we would be on the sofa bed.
    LBM- 01/04/2014
    DEBTS @ LBM [STRIKE]£5558.08[/STRIKE] £4770.00
    House savings £240/£3000 8%
    Uni Savings £11.46/£1146 1%
This discussion has been closed.
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