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City Life , Moving , Advice , London. One of the biggest expenses that graduates have to contend with if they move for their first job is the cost of rent. Obviously, your first salary is largely dependent on your chosen profession. Roles such as actuaries, management consultants and investment bankers are some of the best paid opportunities for people leaving University. There are free online tools such as Listen To The Tax Man and The Salary Calculator which will help you understand exactly how much will be landing in your bank account come payday. From here the next step is working out how much you can afford to spend on rent – not forgetting about bills. House sharing communities like Lyvly are great for simplifying your monthly direct debits easily and helping you maximise your disposable income. You need to make sure that your rent is only taking up about a third of your take home monthly salary, otherwise you could find yourself broke, stressed and not enjoying London life.

Houseshares: How do people avoid picking a terrible housemate?

According to the website Spareroom. Typically, the shindigs take place in bars hired by the organisers and consist of 50 or so landlords and tenants milling round with a drink or two chatting. Tenants are asked to wear a name badge with their monthly budget and area in which they are looking written on. However, each location is slightly different says Matt Hutchinson of Spareroom who runs such events.

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They are among about 50 tenants and landlords milling around a basement bar in Shoreditch, east London, wearing their budgets on pink and white lapel stickers, and imbibing a drink or two as they try to find people they might share a house with. About 15, people a year now attend these find-a-flatshare functions, according to the website Spareroom. There are flatmating nights at locations all over the capital, and now in Manchester and New York too.

Each location is different, says Matt Hutchinson, who set up Spareroom in and runs the events. The number of speed flatmating nights — and the number of people turning up — have both grown since the credit crisis. At first, there was a post-crisis mortgage shortage squeezed first-time buyers out of the market. More recently it has been soaring house prices that have locked those in their 20s and 30s out of the property market.

In Shoreditch even the budgets at the bottom of the scale were enough to repay a reasonable sized mortgage. But without a big deposit to put down, most of these people would still struggle to get a home loan. As one of the few people at the event wearing a white sticker — signalling they had a room to fill — Julia is not short of attention. Each event is ticketed and the organisers try to get a good balance between seekers and providers, but homes are often snapped up before the date night comes round.

There are just a smattering of white stickers against a sea of pink.

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I accept Read more. So what are the choices? From buying and renting to sharing and lodging this article examines the options to suit your finances and points you in the direction of where to go for further advice. As a single person, where you live, and who you live with, is a major life decision. Is your goal to buy your own place? What about renting, on your own or with others?

Living solo in London, I was oblivious to this phenomenon until August this year, when I’d written for this newspaper about dating apps.

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Ideal Flatmate wants to be a matchmaking platform for UK flatshares

The dearth of rental properties in Dublin has spawned a new property trend: speed flatmating. This involves prospective tenants being matched with people who have a room to let in the accommodation-starved capital. Some have signed up to attend a second function at the venue on Wednesday, accord- ing to Aidan Coughlan, group editor of Lovin Dublin, the restaurant review website that is organising the gatherings.

Coughlan expects the events to be held monthly, and believes there is potential for speed flatmating in cities such as Galway and Cork as well. Subscription Notification. We have noticed that there is an issue with your subscription billing details.

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So, what is Speed Flatmating? Speed Flatmating is the perfect way to find your new flatmate. It’s not about what you share it’s about who you’re sharing it with so it makes sense to check out the people first. By coming to an Speed Flatmating event you get the chance to meet loads of potential new flatmates in the time it would take you to travel to and look round a single flat and discover you wouldn’t want to share with the people there ayway.

Faster See many potential flatmates in the time it would normally take to see just one! Safer There’s always a small element of risk when going to a stranger’s house or inviting someone into your home. Meeting prospective flatmates in a public place eliminates that risk. Easier Bypass that awkward flatmate interview by meeting on neutral ground, in the relaxing confines of a bar.

You’re much more likely to get a natural impression of someone in that environment. More fun As well as being useful, it’s a good night out.

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I sit alone in the bar, a book propped open in one hand, a cigarette held listlessly in the other, indicating the two most obvious of my addictions. I had been a devourer of books since my very early teens. The nicotine had come somewhat later, the last vestige of a relationship that had once consumed my soul and now simply threatened to consume my lungs.

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The UK’s #1 Flatshare Website

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Like speed dating, the idea is to allow the tenants to meet several people at This Life: s TV series about a house-share in south London.

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Best Sites for Finding a Flatmate

Get it right and your houseshare could end up being the source of loads of fun, shoulders to cry on and a group of mates for life. Dedicate some serious time to find your perfect houseshare. Clear your social calendar and go to house viewings relentlessly until you find people you really like.

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Whether you’ve bagged yourself a job, starting a Masters or just want to venture into the Big Smoke, take a look at our tips for moving from home to London. Lily Allen once sang, “you might laugh, you might frown walking round London town”. We think she had a point. Moving to the city can be a rollercoaster of emotions. From waving goodbye to the parents not forever, you still have your old bed and stuffed toys waiting for you , packing, and buying a one way ticket to LDN, it can all get a bit much.

Firstly, unless you’re planning on sleeping in a box, you need somewhere to actually, like, live, preferably with a shower. Finding a new place can be tricky. There’s the worry of location, neighbours, travel and, of course, whether there’s a good pub within walking distance. Sites like SpareRoom and flatshare.

We recommend signing up with a basic paid membership so you can access other members directly. Also, Spare Room regularly hold speed flatmating kinda like speed dating events to introduce potential living buddies.

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