Flat sharing as opposed to renting an entire property is becoming a very popular phenomenon in Edinburgh just like the rest of the world. This is particularly common among students and working professionals. They rent a property together and then share the benefits that come with it.
Sharing a house or having flat mates means that you will not only save money on the obvious costs, like, rent but also you will be sharing the costs of other bills.
This means that all the housemates will be splitting the cost of internet, council tax, electricity, water and telephone bills. Hence you will be able to save money.
Sharing the rent and other utilities in the house means that your monthly outgoing on accommodation will reduce. Hence you can save this money or alternatively you can spend it on luxuries or little treats for yourself. The fact that you can share the costs of everything means that you can choose to live in a nicer location which otherwise does not come in your budget.
In Edinburgh there are also “Monday to Friday lets”. This is suitable for people who live far away from work, such that it is not possible for them to travel back and forth easily. Hence they opt to stay away from home during the working days. So if they are working from Monday to Friday, then that means that for these five days they will be sharing a house or a flat.
This is more economic for working professionals as it is not possible to stay in hotels for weeks. Hence in the long run renting a place for a few days in a week is more beneficial and cheap then getting a hotel room? Moreover going to a hotel room at the end a of a busy day can be depressing while going to a homely and comfortable house and socializing with other mates sounds like a better way of living. This kind of rental is also ideal for people who are not fond of spending hours on crowded trains.
Another advantage for people who choose to share a flat or apartments is that they can find new friends to live with. For those who are coming from another country, this is a nice option as they don’t get the chance to feel lonely and homesick. They can make new friends who can then help them out with this new lifestyle. House and flat sharing means interaction with people. It can be a relief when you come home after a hard day and have people around to talk about it.
Roxana Salts is marketing manager for Greenlet, Real Estate Company in Edinburgh.
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