Young People Forced To Flatshare Because Cost To Rent

According to easyroommate.co.uk, 100,000 young people are being forced into flatsharing because of the rising cost of rent.

Currently the average price of rent across the UK is £705 a month which is up 0.6% compared to last month and is the sixth consecutive rise in three months according to LSL property service who run the buy-to-let index.

“The low level of mortgage lending to first-time buyers had been a bottleneck for buyer demand, driving thousands of frustrated first-timers into rented accommodation,” said Jonathan Moore, a director of easyroommate.co.uk

 

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