Average Rent Now £1000pcm & Rising

barnaby-bear

D_e_n_i_s_e wrote: »

typical thisismoney / daily mail anxiety driven storylines

the average rent per month in birmingham is £500, in Cumbria its £400, and in leeds £450/month

so for the uk average to be £1000/month, London rental income must be something like over £2000/month (£24,000.00 a year)

and that is complete and utter rubbish

isnt there a body that regulates what the media can publish and where it gets it facts from?

because the dailymail/thisismoney headlines day in day out makes out life isnt worth living ,as we wont be able to affrod anything and its all doom and gloom.

How do you work that out? In London I'd say 1.5k wouldn't suprise me but there are a lot moe rental properties /units/shared houses than elsewhere places like Birmingham and Leeds it is far easier to buy so the % renting in Birmingham is far lower so the high London rentals carry a lot of weight by the sheer volume.

barnaby-bear

LittleMissAspie wrote: »

Yep. When we were looking for something cheaper, we could have moved out of the city but all the savings in rent would have been swallowed up by the cost of running a car or getting a bus pass. It's actually cheaper to live in the city!

Ahh but the mortgage companies don't ask care if you have a car or ten, we could have spent the commuting costs servicing an extra £xk mortgage but you are limited by income multiples. So the 3-bed £150k house out of town it was it's not the costs but dealing with muppet landlords I couldn't hack and the lack of security, fine as a student but not family friendly when you can't paint your kids bedroom (actually a lot of town contracts say no kids!) or have to find a new school at 2 months notice.

barnaby-bear

Alleycat wrote: »

We're on the council waiting list but will never get housed from it unless we became homeless (I used to work in the HPU in our borough until very recently so am only too aware of this unfortunately!). We did just meet the criteria for shared ownership and were going to do that in the next few months, but decided to hold off. Only problem being that by the time everything has settled we may well be just outside of the earnings criteria to qualify (but still well below the income to be able to buy something decent outright).

We were going to rent a one bedroom flat for a couple of years but felt that if we were going to stay somewhere for potentially that or a little bit longer we should go with the two bed. We've spent the past 12 months sharing one room in my parents flat (5 adults and a toddler in a three bedroom flat!) so could do it if necessary I suppose.

I don't want to be working full time. I'm her mum and I want to be able to pick my daughter up from nursery or childminder myself. At the moment she goes to nursery in the morning, childminder until 4pm, then either my mum or my partner collect her from there (partner does 12 hour day and night shifts).

And I completely sympathise with the situation - my comments were rhetorical as in I think it's unfair that a couple raising a child in a family unit can't do it and are deemed less worthy than someone who can afford a permanent home less, it makes no difference if you simply can't afford it. I feel better about human nature though knowing there are hard working families like yourself raising kids. I just wish you had more options.

PasturesNew

pinkshoes wrote: »

Out of curiosity, did you grow up in a small or large property? I grew up in a large 5 bed detached house in a small town, so I'm used to having lots of space to roam around in, hence really struggled in a bedsit, and had to go out nearly every night.

Normal, 3-bed semi detached house, 2 bedrooms + a box. I had the box.

pinkshoes wrote: »

Could you not get a mini freezer? I have a big fridge but tiny freezer, but don't really put anything in the freezer other than when I accidentally cook enough food to feed an army instead of 2 of us!

I don't know if/when I'll move. So not keen to accumulate belongings. And it would really crowd out the room to have a mini freezer.

I sold a large, old, 6-bed house last year. I was living in one room in that. I had the PC, TV, kettle, sofa in there. I was sleeping on the sofa and there was a sink in the corner.

You can only be in one room at a time, so don't need more than one. Want, maybe, but need, no. I have downsized and minimised!

Rent is money in somebody else's pocket, not mine. What could I do with an extra £1800/year? ... quite a bit!

aurora_borealis_2

PasturesNew wrote: »

It seems in Cardiff 3-6 bed houses (excepting student houses) are costing £900-2,400.

In my searches, I found another one of these desperados:

1] Buy it: http://www.rightmove.co.uk/viewdetails-9761418.rsp?pa_n=1&tr_t=buy for £800k

2] Rent it from this agent: http://www.rightmove.co.uk/viewdetails-20292602.rsp?pa_n=1&tr_t=rent at £2,250

3] Or this agent: http://www.rightmove.co.uk/viewdetails-17267812.rsp?pa_n=1&tr_t=rent

4] Or this agent: http://www.rightmove.co.uk/viewdetails-20338826.rsp?pa_n=1&tr_t=rent

5] Maybe this one can shift it: http://www.rightmove.co.uk/viewdetails-17249623.rsp?pa_n=1&tr_t=rent

Maybe it's not worth £800k OR £2,250/month then

(For the price judgemental, this is actually one of the best parts of Cardiff and the house is of historical importance). It does, however, suffer from a small plot and being right on the main road through the area - which is a traffic rat run every rush hour.

That's spooky -I looked at that ad earlier.
I'm contemplating selling to rent, for various reasons, but am shocked at the rental prices around Cardiff :eek:

PasturesNew

aurora_borealis wrote: »

That's spooky -I looked at that ad earlier.
I'm contemplating selling to rent, for various reasons, but am shocked at the rental prices around Cardiff :eek:

Well, they're not all that much. That's a posh 'un in the posh bit.

Here's one being marketed with some humour ... http://www.rightmove.co.uk/viewdetails-20259680.rsp?pa_n=1&tr_t=rent

And Rhiwbina's posh I believe. £625 http://www.rightmove.co.uk/viewdetails-16881172.rsp?pa_n=1&tr_t=rent

aurora_borealis_2

The second one comes with a gardener!!

TJ27

I was born in Rhiwbina. It's not especially posh but does like to think it is. I know a few people who'll tell you they're from "garden village" rather than Rhiwbina these days.

Kez100

I used to have a friend in the 80's who lived there. I used to call it Ribena! She liked Ippu Do!

beingjdc

£1,235 pcm here in Zone 2 South London, for a 2-bed 2-bath flat with a good sized living room (integral kitchen, but that seems to be the fashion).