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Single 40 something options

How best to get out of the parents house ? Private rent is very high near me like 1200 a month for one bedrooms, when I take home 1900 that's rather a lot.
Are there any other options for me?

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Comments

  • ButterCheese
    ButterCheese Posts: 764 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    See if you can rent a room.  I did this for 2 years.  I paid £360/month, had my own room and of course had to share the rest of the house with the lady who owned it.  I did this on 2 occasions with 2 different ladies.  We got on well, but I tended to keep to my room most of the time as I dodn't want to watch her choice of TV downstairs.  It's ok if you have a social life or if you would spend lots of time in your room anyway.

    There are quite a few people who will do this for professionals.  You could go through an agency but you'll probably end up paying top price for sharing with students or odd-balls.  Of course this is a gross generalisation but make sure you meet the other people if it's a shared house agreement.
  • I'm going to say it before anyone else does, but move?

    There are plenty of nice enough places in the North, for instance, where you could rent a 1 bed flat for £600 a month.
  • freesha
    freesha Posts: 444 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Apply for social housing? (Anyone can apply; you might be waiting for many many years. but worth a shot).
  • Ms_Chocaholic
    Ms_Chocaholic Posts: 13,063 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is it really that bad.  Can you stay with your parents and try to save as much as you can with a view to getting out at some point in the future.
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
  • TeeAy
    TeeAy Posts: 51 Forumite
    10 Posts First Anniversary Name Dropper
    It depends on what your end goal is and what you're willing to sacrifice.  Why do you need to have your own flat as you'll be paying a premium for this, and you'll be paying for all the bills on top?   Hopefully you're saving the money living at your parents, that you would have spent on rent.   
    If you want to live away you should be able to get a decent flat share or lodging situation for £700-900 a month (in London) & probably much less if you are up north.  I did this in London for all my 40's until last year. 
    Have a look at  https://www.spareroom.co.uk/  to get at idea of share rentals etc in your local area.  All the best
  • vic_sf49
    vic_sf49 Posts: 792 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Did you not buy a house Op, or have I got you mixed up with someone else?


  • _Penny_Dreadful
    _Penny_Dreadful Posts: 1,521 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    olb81 said:
    How best to get out of the parents house ? Private rent is very high near me like 1200 a month for one bedrooms, when I take home 1900 that's rather a lot.
    Are there any other options for me?

    Move into the house you bought? 

  • Albermarle
    Albermarle Posts: 29,558 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    vic_sf49 said:
    Did you not buy a house Op, or have I got you mixed up with someone else?


    They also started a very similar thread to this one recently.

    Single person cheapest way of living — MoneySavingExpert Forum
  • MattMattMattUK
    MattMattMattUK Posts: 11,923 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    olb81 said:
    How best to get out of the parents house ? Private rent is very high near me like 1200 a month for one bedrooms, when I take home 1900 that's rather a lot.
    Are there any other options for me?
    Moving into a shared house, renting with friends or earning more are probably the top options, or a combination of one of the first two and the latter. 
  • olb81
    olb81 Posts: 88 Forumite
    10 Posts Name Dropper
    I don't think my parents would understand if I found a room on spareroom. They would probably wonder why I'd live with a stranger than them. Regarding the house I am selling it, as I took on too much debt. I can't guarantee my job will be OK in the new year.
    Once it's sold.i could still afford a cheaper flat without any debt.
    I just want to move in somewhere like a hotel where its all furnished and doesn't need any work. 
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