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single parent renting one-bed
Comments
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Ah ok, I get it, you live currently rent free at your parents but you are deciding on a 1 or 2 bed in order to pay 100£ less for the 1 bed in rent, am I assuming correctly?0
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Absolutely, do it. The smaller the place the cheaper the council tax, the less the heating and electricity bills and the less temptation there is to fill the place with stuff because there isn't room for it, you'll save more than just £100 per month!0
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It would be cheaper by £100 to rent a one bed than a two bed....A one bed bills included would cost me £100 more than the rent and utilities I pay to my parents, the groceries will be no more than the amount I already buy...but thanks for marking me off as a sponging single mum!donfanatico wrote: »Ah ok, I get it, you live currently rent free at your parents but you are deciding on a 1 or 2 bed in order to pay 100£ less for the 1 bed in rent, am I assuming correctly?LBM- 01/04/2014
DEBTS @ LBM [STRIKE]£5558.08[/STRIKE] £4770.00
House savings £240/£3000 8%
Uni Savings £11.46/£1146 1%0 -
It would be cheaper by £100 to rent a one bed than a two bed....A one bed bills included would cost me £100 more than the rent and utilities I pay to my parents, the groceries will be no more than the amount I already buy...but thanks for marking me off as a sponging single mum!
Apologies, that was not my intention. I misunderstood your initial post...
As it wasn't clear, I thought you were already living in a 2 or larger bed place and were looking to downsize to a 1 bed to save an extra 100£ a month, hence my advice that you could make 100£ saving elsewhere as with all the moving costs, agency fees the saving would not pay for itself in the shortterm0 -
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.
Sounds like a great plan to me, go for it and good luck
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