Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

T_i_B

(14,737 posts)
Mon Mar 16, 2015, 08:26 AM Mar 2015

Rip-off rents: Britain's priciest places to be a tenant

http://www.telegraph.co.uk/finance/property/house-prices/11473955/Rip-off-rents-Britains-priciest-places-to-be-a-tenant.html

Guernsey is the most expensive part of the UK in which to rent a room in a shared house or flat due to a shortage of property on the island and a restriction on construction projects.

The chronic housing shortage in Great Britain, blamed for last year's spike in house prices, is also driving up room rents in the most popular areas and cities, according to the latest rental index compiled by the flatshare and houseshare website, EasyRoommate.

The top five most expensive places in which to rent after Guernsey and London, are Woking, the Mole Valley, and Reigate and Banstead (all in Surrey), where prices are driven by the popularity of living in the South East London commuter belt.

However, the supply-demand imbalance is more acute north of the border, the study showed. For every available room in Edinburgh, there are approximately thirteen people seeking a room. Glasgow has a rate of twelve people per one available room.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Rip-off rents: Britain's priciest places to be a tenant (Original Post) T_i_B Mar 2015 OP
Apart from the fact that Guernsey isn't part of the UK... mwooldri Mar 2015 #1
Surrey does seem to be especially bad for this T_i_B Mar 2015 #2

mwooldri

(10,303 posts)
1. Apart from the fact that Guernsey isn't part of the UK...
Mon Mar 16, 2015, 09:37 AM
Mar 2015

... rent prices are sky high. And the prices are for renting a room in shared accommodation. This is the main reason I'm living in Guilford County, NC rather than Guildford, England.

T_i_B

(14,737 posts)
2. Surrey does seem to be especially bad for this
Mon Mar 16, 2015, 11:12 AM
Mar 2015

Mind you, I used to work in Brentwood, home of TOWIE and 7th on this list.
Any idea I may have had of relocating closer to my work was dashed the moment I saw the cost of housing there.

Latest Discussions»Region Forums»United Kingdom»Rip-off rents: Britain's ...