Property News · September 1, 2013

Sky-high rent? Why not get a home on the cheap and live like a lord


As the costs of renting soar we look at innovative ways to find accommodation on the cheap – from being a property guardian to a homesharerThe cost of renting has been rocketing. According to the latest figures from the HomeLet Rental Index, the typical UK rental property now costs £826 a month while those in London are an average of £1,297. These eye-watering sums are only set to increase – by 2020 rents will be 46% higher than they are today, according to the National Housing Federation. David Orr, chief executive, says: “For decades we simply haven’t built enough homes, resulting in a dysfunctional housing market with inflated costs.”But there are ways to cut those costs – and you don’t have to slum it to do so. A room in a stately home could be yours for £55 a week, and that’s just one of the options for those willing to eschew typical rental arrangements. Continue reading…

Source : theguardian.com
Read more…Sky-high rent? Why not get a home on the cheap and live like a lord

You may also like...