5 Reasons to Live in a Shared House over Renting On Your Own

Can’t decide whether to move into a shared house or fork out for a private place? Here are 5 reasons why living in a house share over renting on your own is worth some serious consideration.

  • The Cost

The rent is far cheaper for a room in a shared property than a private apartment. To see for yourself just how much cheaper, take a moment to search for a suitable room in a shared house via the London Fox Lettings website and compare it with the one bedroom studios and apartments in the same areas of London featured via the Right Move website.

Further, those who house share do not only save on the rent; house sharers split the council tax, utilities and cost of the internet, TV licence, phone rental and any subscription bills including internet costs and TV deals.

For households where friends live together money can also be saved during meal times as only putting the oven on to make one meal, buying groceries and staple foods such as fruit, vegetables, grains and pasta in bulk and making meals to feed a household is always cheaper than having four people for example all cooking separately or buying individual meals to feed themselves.

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  • The Company

Big cities make up some of the loneliest places on earth. That said, living alone somewhere rural can leave a person feeling and being equally and even more literally isolated. Hence, house sharing in most situations is a sure way to ward off loneliness and with it prevent many of the problems loneliness can cause or exacerbate, including depression.

That isn’t to say a person should aim to bunk op with their best friends or that they need to be especially close or reliant on their housemates (weekly housemate heart-to-hearts definitely needn’t be a ‘thing’); rather, the hustle and bustle and day to day interactions enjoyed in a shared house are often sufficient to create a lived in mood within a house and turn a shared one into a home.

  • The Security

One of the real bonuses of living in a shared house is the added security. When you live alone of course every time you venture out you are leaving your property empty. This means that for the average working person living alone their property is likely to be empty for more of the day than occupied, making it easypickings for would-be burglars.

It is far more difficult for intruders and criminals to successfully rob a home where numerous different people are coming, going and living. Even when the house is empty, purchase and make use of a light timer and there is little to no way a burglar will be able to ensure the light is not just evidence that someone is home. Because most burglars are opportunist thieves, the majority will not risk breaking into a home where there are lights on and signs the property is currently occupied. Just remember if you do choose to use a timer light to rotate the rooms you use it in and the times it is set to switch on to avoid instead simply advertising the fact a property is empty.

Finally, it is also important to remember to always take contents insurance out, even when living in shared housing; it is not enough to rely on a landlord providing insurance or assuming any insurance the landlord has is likely to cover your personal belongings as this is rarely if ever the case. Unfortunately, securing insurance in a shared house is not always straight forward; hence ahead of attempting to secure insurance, it is worth giving the advice provided via the This is Money website.

  • The Space

Often those who live alone cite personal space as the number one reason for doing so. Whilst we all treasure our personal space, in reality living alone can mean paying in terms of actual space. Then and whilst you might be able to afford the luxury of nipping out of the shower minus your towel to go get dressed in your bedroom, the chances are when living in a major city and for most young professionals that doing so will only involve taking a single step from a studio ensuite into a combined living, sleeping and dining space anyway.

In contrast, share a home and whilst naked hoovering at 3am with your ipod blaring is likely to cause a few problems (depending on your housemates and the relationship you have with them), otherwise you likely to be able to afford a very decently sized and most importantly separate and private sleeping space and potentially even an ensuite bathroom whilst also enjoying the luxury of being able to make use of a separate and sizable living and even dining and kitchen space.

Hence, the reality can too often prove to be that sharing a house provides a person with far more space, choice and as well the luxury of a bedroom that doesn’t double as a lounge, dining area and even a kitchen, or god forbid in a city such as London involve sleeping on a fold down bed.

  • Meeting People, Making Friends and Establishing Contacts

Company is not all about not being alone. One aspect of house sharing that can prove massively beneficial is the new and different people you get to meet, socialise with and even network within.

This is never more true than when moving into a major city as a young professional and often straight from university as there is a high chance that those you live with whilst being in exactly the same boat will have come originally from very different places, experienced very different lives and as such the world you create within a shared home occupied by a diverse mix of people perfectly reflects that being created in cities such as London in 2016.Then, this can also provide fantastic opportunities to broaden your mind, life experiences, friendships and learn to socialise, integrate and perhaps even network with peoplefrom all walks of life and cultures.

Further, get on well with your housemates and the invitations to socialise with them can take you far beyond the living room and even mean being introduced totheir business and work colleagues as well, which can prove massively useful in a city such as The Capital where it is far too often a matter of who you know as much as what you know and having a strong contact and network base is as such a huge asset.