Surge in flatshare as tenants look to chop costs

The number of people choosing to flatshare rose by over 2,000 in the first three months of this year – and the majority are professionals, not students.

Website Easyroommate says the number of professionals currently searching the site exceeds the number of students by 13%.

Of the 14,000 registered users on Easyroommate, 66% are professionals with an average age of 27, suggesting that flatsharing is seen as a viable option to those in their late twenties who are looking to minimise their rental outgoings and most likely still have student loans to pay off.

The average monthly rent for someone sharing a flat is up to £550 a month in London, compared with the average UK rent for a one-bedroom property of £989.

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26-April-12General Lettings News