Unable to find lodgers, is this a dead period?

ReadySteadyPop

MyRealNameToo said:

saajan_12 said:

Fully agree with the OP's view on couples, its a very different dynamic to share the lounge with one other when you're both quiet or talking to eachother vs sharing with two people talking and you're on the edge. Also often less frequency of them sleeping elsewhere or be out on dates etc.
Back when I was doing this, I had a significant price difference if letting to a couple, as its the same bedroom usage but higher intrusion on the living room and slightly more on utilities. 

That assumes the lounge is to be used by the lodger(s) and somewhat depends on the motivation for renting out a room. 

The two places the Mrs was a lodger in before we met she didnt have access to the lounge and it was clearly families trying to get some money in rather than someone looking for a new friend. She was effectively a ghost in the house, unless she left a teaspoon or mug in the sink at which point they reminded her of the rules. 

If two lodgers are dating where do you expect them to be spending the night if neither allow overnight guests? As to single people being out more than couples that very much depends on the people involved. I know single people who are either at work, in the supermarket or at home whereas we will frequently be out in the evenings and barely at home at weekends other than to sleep. 

There will be more of that now I would think, but rents in London are down about 3% this year, many people will prefer to scrape their way into a flat rather than be told to wash their tea-spoons by a stranger in my opinion.

MyRealNameToo

ReadySteadyPop said:

MyRealNameToo said:

saajan_12 said:

Fully agree with the OP's view on couples, its a very different dynamic to share the lounge with one other when you're both quiet or talking to eachother vs sharing with two people talking and you're on the edge. Also often less frequency of them sleeping elsewhere or be out on dates etc.
Back when I was doing this, I had a significant price difference if letting to a couple, as its the same bedroom usage but higher intrusion on the living room and slightly more on utilities. 

That assumes the lounge is to be used by the lodger(s) and somewhat depends on the motivation for renting out a room. 

The two places the Mrs was a lodger in before we met she didnt have access to the lounge and it was clearly families trying to get some money in rather than someone looking for a new friend. She was effectively a ghost in the house, unless she left a teaspoon or mug in the sink at which point they reminded her of the rules. 

If two lodgers are dating where do you expect them to be spending the night if neither allow overnight guests? As to single people being out more than couples that very much depends on the people involved. I know single people who are either at work, in the supermarket or at home whereas we will frequently be out in the evenings and barely at home at weekends other than to sleep. 

There will be more of that now I would think, but rents in London are down about 3% this year, many people will prefer to scrape their way into a flat rather than be told to wash their tea-spoons by a stranger in my opinion.

They may be down from last year but rents went even more silly a few years ago so it feels to me to be a small correction than anything else. 

I dont know about wider London but a quick check on RightMove within 1/2 a mile of us puts the cheapest studio/one bed at £1,600 exc bills PCM whereas a room on SpareRoom start from £645, though a few look like crack dens or the bed is against the walls on 3 sides, but plenty of decent/big rooms at £1,000 PCM inc bills. 

There is a big difference between having a room and having a whole property but £600 plus bills is also a big premium to just try and find 

ReadySteadyPop

MyRealNameToo said:

ReadySteadyPop said:

MyRealNameToo said:

saajan_12 said:

Fully agree with the OP's view on couples, its a very different dynamic to share the lounge with one other when you're both quiet or talking to eachother vs sharing with two people talking and you're on the edge. Also often less frequency of them sleeping elsewhere or be out on dates etc.
Back when I was doing this, I had a significant price difference if letting to a couple, as its the same bedroom usage but higher intrusion on the living room and slightly more on utilities. 

That assumes the lounge is to be used by the lodger(s) and somewhat depends on the motivation for renting out a room. 

The two places the Mrs was a lodger in before we met she didnt have access to the lounge and it was clearly families trying to get some money in rather than someone looking for a new friend. She was effectively a ghost in the house, unless she left a teaspoon or mug in the sink at which point they reminded her of the rules. 

If two lodgers are dating where do you expect them to be spending the night if neither allow overnight guests? As to single people being out more than couples that very much depends on the people involved. I know single people who are either at work, in the supermarket or at home whereas we will frequently be out in the evenings and barely at home at weekends other than to sleep. 

There will be more of that now I would think, but rents in London are down about 3% this year, many people will prefer to scrape their way into a flat rather than be told to wash their tea-spoons by a stranger in my opinion.

They may be down from last year but rents went even more silly a few years ago so it feels to me to be a small correction than anything else. 

I dont know about wider London but a quick check on RightMove within 1/2 a mile of us puts the cheapest studio/one bed at £1,600 exc bills PCM whereas a room on SpareRoom start from £645, though a few look like crack dens or the bed is against the walls on 3 sides, but plenty of decent/big rooms at £1,000 PCM inc bills. 

There is a big difference between having a room and having a whole property but £600 plus bills is also a big premium to just try and find 

The changes to visas and required salary levels to work here are going to put a dent in that in my opinion, look for things to shift over the winter and into next year.

MyRealNameToo

ReadySteadyPop said:

MyRealNameToo said:

ReadySteadyPop said:

MyRealNameToo said:

saajan_12 said:

Fully agree with the OP's view on couples, its a very different dynamic to share the lounge with one other when you're both quiet or talking to eachother vs sharing with two people talking and you're on the edge. Also often less frequency of them sleeping elsewhere or be out on dates etc.
Back when I was doing this, I had a significant price difference if letting to a couple, as its the same bedroom usage but higher intrusion on the living room and slightly more on utilities. 

That assumes the lounge is to be used by the lodger(s) and somewhat depends on the motivation for renting out a room. 

The two places the Mrs was a lodger in before we met she didnt have access to the lounge and it was clearly families trying to get some money in rather than someone looking for a new friend. She was effectively a ghost in the house, unless she left a teaspoon or mug in the sink at which point they reminded her of the rules. 

If two lodgers are dating where do you expect them to be spending the night if neither allow overnight guests? As to single people being out more than couples that very much depends on the people involved. I know single people who are either at work, in the supermarket or at home whereas we will frequently be out in the evenings and barely at home at weekends other than to sleep. 

There will be more of that now I would think, but rents in London are down about 3% this year, many people will prefer to scrape their way into a flat rather than be told to wash their tea-spoons by a stranger in my opinion.

They may be down from last year but rents went even more silly a few years ago so it feels to me to be a small correction than anything else. 

I dont know about wider London but a quick check on RightMove within 1/2 a mile of us puts the cheapest studio/one bed at £1,600 exc bills PCM whereas a room on SpareRoom start from £645, though a few look like crack dens or the bed is against the walls on 3 sides, but plenty of decent/big rooms at £1,000 PCM inc bills. 

There is a big difference between having a room and having a whole property but £600 plus bills is also a big premium to just try and find 

The changes to visas and required salary levels to work here are going to put a dent in that in my opinion, look for things to shift over the winter and into next year.

We'll see, look at the basically identical flat but just the other side of the thames and it would be more like £2,000

We bought in late 2018 when we moved out our rent was £1,800 for a large two bed. 2 beds in that same building are currently advertised at £2,400-£2,600 and again across the river you're looking at £3,000

Property prices are all over the place at the moment, 2 beds at circa 100m2 in the building are being advertised between £500,000 and £700,000. views/outside space varies notably but that is a damned big spread. Our LL put our flat on the market for £650,000 and sold it for £525,000 18 months later. The building is share of freehold but is now of an age that big works are needed on windows and the roof.