Is Student Accommodation in London For You?
London is one of the most popular destinations for student accommodation.
It has a good transport system, excellent universities and an affordable cost of living. The city can be very competitive so it’s important to know what you’re looking for before moving there.
In this blog, we will talk about the costs associated with living in London and whether it is the right place for you.
Is student accommodation more expensive in London?
The cost of student accommodation in London is higher than any other part of the UK. Downing Students estimates that rent costs students living away from home an extra £1,200 per year compared to elsewhere in the country. However, this means that they can borrow more money for university expenses like books and tuition fees and there is more support for students looking to move to the capital.
How do students find accommodation in London?
When looking for accommodation, it is possible to use different methods such as going straight with an agency/landlord themselves or using various types of searches online.
When searching for an apartment it is recommended that students approach either individual rental companies from their desired geographic location, or look up university-approved housing service providers.
How much do students pay for accommodation in London?
The average cost for weekly rent in the UK from 2018–2019 was £147 and averaged £148 a week for an ensuite room. In London, it averages at around £178 per week with university accommodation costing more than private sector rental prices.
With prices continuing to rise, it is important that you do your research prior to going in for any student accommodation. Costs in London can be expensive and its important you consider all factors, whether that be travel and food when making your accommodation decision.
How much money do students need in London?
You should expect to spend around £1120-£1330 on living expenses per month. This will depend largely on your personal preferences and needs so it’s important that you do some research yourself when considering how much money is appropriate for the lifestyle which best suits them.
It can be hard when you are trying to balance a social life with your working life in London so it’s important to consider this when you are looking for somewhere to live.
How much do you need a month to live in London?
For a single person on average, the monthly cost of living in London is £2892. The annual average costs total over £30,000, which is why it’s essential to budget properly prior to applying for student accommodation.
Are You Interested In London Student Accommodation?
London might not be the number one place for everyone, but its home to top-rated universities according to annual league tables. You could consider looking at different universities around London that are strong in your subject area before deciding if you want to look outside of the city limits. Ensure that you have a budget in mind if you are conscious about how much you will have whilst studying. However, consider the many benefits of living in London and the potential there is here.
