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Average Rent Now £1000pcm & Rising
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We pay £1500 for a family house in central Cambridge, that seems to be fairly normal for a family house in the city centre, within the catchments for the central schools. Cambridge is a ridiculously overpriced area anyway and we have had to accept that. We've been here for 4 years so have paid a hell of a lot of money in rental but as I have said before, our landlord subsidises the mortgage by £500+ and the house has actually not risen in price in those 4 years, based on current asking prices. When we do buy in 2 years time (I guess), we will be paying more in interest (i.e mortgage rent) to the bank, based on the mortgage we intend or hope on getting. I am quite happy with our house and have no regrets in living here, or what we pay.
I don't get the clue either
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ncooper1974 wrote: »you say you earn £37k and only pay £340 per month for rent (inc bills) - what do you do with the other circa £1900pcm you earn? are you saving for a deposit? or just enjoying yourself?
He spends some of it on fast cars, strong wine, and loose women.
The rest he just wastes....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
neverdespairgirl wrote: »He spends some of it on fast cars, strong wine, and loose women.
The rest he just wastes.
That's right.
Except I'm a geek and don't know any loose women. :rolleyes:
I'm saving a good chunk of it every month, but I'm not counting pennies and still going out for meals and holidays.
Yes, there are downsides to sharing, but I just can't bring myself to pay any more. I've tried looking for a place of my own, but doing the sums (£650 x 12) + council tax + bills just puts me right off.
Unfortunately, the property ladder rung has always been just that little bit beyond my reach, plus the lifestyle sacrifice I have to make if I overstretched myself to get a shoe box didn't appeal to me.0 -
:rolleyes: My partner and I pay £550 pcm to live in glorious Swindon0
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the flat i have was taken over from parents- long term council renters.Long time away from MSE, been dealing real life stuff..
Sometimes seen lurking on the compers forum :-)0
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