Live Alone or House Share?

peggymoon

Hello, thank you for all your replies!

For starters, I have found plenty of places within an £800pcm budget including bills. I don't need a lot of space, I'd just rather not share a bathroom and kitchen space. And £800 is something I can afford to pay each month out of my wages, I just wanted to save up for the cost of a deposit, moving fees and any other fees that may pop up. Having said all that, both my work contract and my housing contract can be extended to 2yrs, and I am leaning towards staying for that full length of time. Having seen my new flat, although it's shared, it's very comfortable and convenient!

I have a really good relationship with my parents, but I think you're all right. They depend on me as their only child to care for them due to cultural expectations, and it's a heavy thing to have to deal with. I think I'll stop planning to live with them in the future and just see what comes up.

Thank you all again.

bouicca21

Of course you will care for your parents when they are older, but you need to start teaching them that the way you do it will not necessarily be by living together. If the worst happens - physical or mental incapacity - finding professional help may be far better for them than struggling to do everything yourself.

indianabones

We recently went through this exact same situation for my brother who is working right in the heart of London City. We looked at all sorts of places and concluded the following.


London is awful for young professionals. I mean seriously awful.
In order to make your visit even semi reasonable, you need to make a choice, do you live away and pay less for rent but more in travel or do you live closer and pay less for travel but a lot more for rent.


In the end we settle for somewhere in between and got a room share for him for 470. He has 1 double bed room and pays about £150-170 for the tube. But at the end of the week he rushes home cause he is fed up of the living conditions and life in London.


It really comes down to what you want. Are you prepared to share? If so then it's definitely the more cost effective option.

dirtycredit

. I've tried to convince them to move to a 2 bedroom house as it will save us all money but no dice

my mother would really like it if I start looking into buying a house so that they can live with me when they can no longer take care of themselves

I'm totally confused!

Also Which areas in London are you finding flats for £800? Amazing finds. Well done.

Pixie5740

EachPenny wrote: »

Bear in mind that even if you have your own (rented) place, you won't be able to do everything you want. For starters the tenancy agreement might limit the number of occasions (or nights in a row) when you are allowed to have guests staying. This kind of clause might be difficult to enforce, but is something to consider in your overall plans.

Rubbish. Even if an AST included such a clause it wouldn't be enforceable. When you're renting your own place you can have visitors in your home whenever you like.

Pixie5740

Your parents refused to move to a larger property so you spent a year sleeping on the sofa and they want to move in with you in the future? :cool:

Unless you're earning megabucks, which as a key worker I suspect you're not, you can't have it all. You need to prioritise what's most important to you. Is having your own place more important than travelling or your masters or buying your own place some day?

Your boyfriend won't move out of home until he has saved up a deposit to buy somewhere. Is the plan that you will eventually buy somewhere together? The danger is that if you rent by yourself he will end up spending a lot of time at your place and will have all the benefits of having his own place with none of the costs therefore allowing him to continue increasing his deposit at your expense. A completely unromantic way of looking at things I know.

diggingdude

Can't really advise on anything but having done key worker accomodation in London I totally understand the need to move. Mine only had one cooker. A woman who was the first home every day did a damn roast every evening and didn't think anyone else would like to use the oven. Hated it. Good luck with everything

gycraig_2

Personally I'd rather share and have disposable income than rent and be skint

Cakeguts

What people tend to forget is that when parents are so elderly that they can't look after themselves their children are not that young either. You get the situation where you have children who are retired from work in their late 60s and early 70s trying to look after a 90 year old and it isn't sensible. The cultural idea of looking after parents works very well if the parents don't live to be 100. But now with better medical care and older people with better health people are generally living longer and staying healthy and active longer. It is no longer possible for all children to look after their elderly parents. You can't have a 70 year old lifting a 90 year old. So planning for parents to be looked after needs to include care by much younger people in a setting where caring for the infirm elderly can be done safely for all parties.