http://www.hobarts.co.uk/guide-to-renting.php
Decide in advance how much you can comfortably afford each month
Remember, in all probability you will also be responsible for the bills such as council tax, gas, electricity & water rates.
Rent is calculated on a calendar monthly basis i.e. 12 equal payments throughout the year.
Before commencement of a tenancy, Hobarts use an independent credit check agency to carry out background checks on all prospective tenant(s) A good track record, proof of income & ability to pay the rent is required. An administration fee of £95.00 plus VAT is payable to Hobarts for each and every person over the age of 18 who will be residing at the property.
You will be required to pay a deposit normally equivalent of one months’ rent weeks and the first months rent itself in advance in cleared funds prior to the commencement of the tenancy.
Upon acceptance of an offer you will be required to pay a *non refundable deposit of £500 within 24 hours. Once the transaction commences this amount becomes part of the advance rent & deposit monies required as above.
Remember, in all probability you will also be responsible for the bills such as council tax, gas, electricity & water rates.
Rent is calculated on a calendar monthly basis i.e. 12 equal payments throughout the year.
Before commencement of a tenancy, Hobarts use an independent credit check agency to carry out background checks on all prospective tenant(s) A good track record, proof of income & ability to pay the rent is required. An administration fee of £95.00 plus VAT is payable to Hobarts for each and every person over the age of 18 who will be residing at the property.
You will be required to pay a deposit normally equivalent of one months’ rent weeks and the first months rent itself in advance in cleared funds prior to the commencement of the tenancy.
Upon acceptance of an offer you will be required to pay a *non refundable deposit of £500 within 24 hours. Once the transaction commences this amount becomes part of the advance rent & deposit monies required as above.
(* Unless the landlord is unable to keep to the terms of the initial written deposit agreement)
Only the persons named on the tenancy agreement may reside at the property, You must tell us in advance if you have children, pets and whether or not you smoke otherwise you will be in breach of your tenancy agreement if you fail to disclose beforehand.
What furnishing do you really need?
I've lived in London for 6 months now, and it wasn't nearly as expensive as I thought it would be.
Depending on where you live, rent will usually run £240-£500/month. I've never seen a room for more than £280/week. But then again, I look at places that are aimed at people like me (the unposh). £280/week is the most I would ever pay for a room, because there are really nice rooms that go for well below that. Anything lower than £60 is either in a really far away place, council housing (poor housing), or both, so I would stay away from those. I'm not that kind of unposh.
Food (if you shop at Tesco, Sainsbury's, Lidl, Asda) will probably range from £50-£100/month depending on how much you eat.
Clothes are cheapest at Primark and H&M, and it's pretty good quality. A dress shirt will run about £4-£15, and pants, coats, accessories won't hurt your pocket too much.
Taxes suck if you're working. But, if you're a student you're exempt from paying taxes. They're not totally unreasonable, but depending on how much you make, it takes at least a couple of hundred pounds out of your gross pay.
There's a thing called VAT (I forgot what it stands for) that's basically a consumer tax on goods. However, if you keep all your receipts, when you leave the country (at the airport) there's a VAT refund center where you can get all your VAT tax back.
JD Wetherspoons is a chain in the UK. You can get a beer and a burger (with chips) for under £5. JD's are almost everywhere, and go by different names (Moon Under Water, The Misty Moon, Wetherpoons, etc.)
Honestly, it's really not that expensive unless you blow your money on whatever floats your way. And unless you're super posh, you probably wouldn't be spending your money on overly lavish things.
So, in USD terms, and in the highest terms:
Rent: $1000/month
Food: $200/month
Clothes: (you would probably bring most with you, but let's say you spend $200 on clothes...though I don't know who does that in a month)
Beer/Alcohol: Probably around $200/month
Taxes: $50
Total USD: $1650
Total GBP: £825
Depending on where you live, rent will usually run £240-£500/month. I've never seen a room for more than £280/week. But then again, I look at places that are aimed at people like me (the unposh). £280/week is the most I would ever pay for a room, because there are really nice rooms that go for well below that. Anything lower than £60 is either in a really far away place, council housing (poor housing), or both, so I would stay away from those. I'm not that kind of unposh.
Food (if you shop at Tesco, Sainsbury's, Lidl, Asda) will probably range from £50-£100/month depending on how much you eat.
Clothes are cheapest at Primark and H&M, and it's pretty good quality. A dress shirt will run about £4-£15, and pants, coats, accessories won't hurt your pocket too much.
Taxes suck if you're working. But, if you're a student you're exempt from paying taxes. They're not totally unreasonable, but depending on how much you make, it takes at least a couple of hundred pounds out of your gross pay.
There's a thing called VAT (I forgot what it stands for) that's basically a consumer tax on goods. However, if you keep all your receipts, when you leave the country (at the airport) there's a VAT refund center where you can get all your VAT tax back.
JD Wetherspoons is a chain in the UK. You can get a beer and a burger (with chips) for under £5. JD's are almost everywhere, and go by different names (Moon Under Water, The Misty Moon, Wetherpoons, etc.)
Honestly, it's really not that expensive unless you blow your money on whatever floats your way. And unless you're super posh, you probably wouldn't be spending your money on overly lavish things.
So, in USD terms, and in the highest terms:
Rent: $1000/month
Food: $200/month
Clothes: (you would probably bring most with you, but let's say you spend $200 on clothes...though I don't know who does that in a month)
Beer/Alcohol: Probably around $200/month
Taxes: $50
Total USD: $1650
Total GBP: £825
If you have a job that pays less than this, then go with the low end of the scale and you get a monthly cost of about £400-£600.
The biggest thing will be rent, which is less expensive the more you leave the city center. Zone 1 and 2 are more expensive than Zone 3 and 4, and so on. Zone 1 is the toughest to get a room in.
Also, I forgot to factor in transportation. The tube, for a monthly pass, is £90. The buses are least expensive (about a pound per ride).
I would check out gumtree.com for rooms.
http://uk.answers.yahoo.com/question/index?qid=20080716063450AAQybCZ
http://www.apartmenttherapy.com/what-does-it-really-cost-to-live-in-london-apartment-therapys-cost-of-living-report-193746
Zone 3+
Flat Sharing
http://www.welfare.qmul.ac.uk/international/money/costofliving/
And so I worked out costs on an average basis,
for instance for rent I looked at the costs of 5 flat shares and then got the average total from that. It equalled around £580 per month this included utility bills(including internet) and council tax.
I worked food and amenities to be around £50 a week totalling £200 a month, this includes a lot of lunches from home not shop bought.
And the cost of travel only including Zones 1-3 (as I felt that these where the zones that the company would need to travel around the most) is around £141.40, this is in the form of an oyster card. But it might be more appropriate to walk most days depending how far away from the office you are. (the office selected is in Zone 3)
An average phone contract is around £40 a week.
I also budgeted for clothing around £50 a week but this is quite large sum and it could be possible to save money from this.
And I allowed £50 a week for entertainment and going out etc, again this may rollover, one week might be more expensive than another.
One off payments of a tv license equals £145.50
And so the annual cost totalled around £14,457.00
so Per Month its equals £1,205
Per Week = £302
This budget isn't a tight budget as I felt that many of us wouldn't be able to stick to a tight budget and we wouldn't want to be solely working.
From this amount we can add it to the total to find out how much we would need to charge clients for work.
The biggest thing will be rent, which is less expensive the more you leave the city center. Zone 1 and 2 are more expensive than Zone 3 and 4, and so on. Zone 1 is the toughest to get a room in.
Also, I forgot to factor in transportation. The tube, for a monthly pass, is £90. The buses are least expensive (about a pound per ride).
I would check out gumtree.com for rooms.
http://uk.answers.yahoo.com/question/index?qid=20080716063450AAQybCZ
http://www.apartmenttherapy.com/what-does-it-really-cost-to-live-in-london-apartment-therapys-cost-of-living-report-193746
Zone 3+
Flat Sharing
 |
| http://www.londonlovesbusiness.com/property/residential-property/exodus-to-zone-3-why-young-londoners-are-ditching-central-london/5557.article |
 |
| http://www.moveflat.co.uk/london-flat/flatshare-flatmate/london-zone/zone-3/property/Box/ |
https://london.spareroom.co.uk/flatshare/zones_3_to_4
http://www.welfare.qmul.ac.uk/international/money/costofliving/
TV licence £145.50
Travel
Tube + DLR
http://www.tfl.gov.uk/fares-and-payments/
Zone 1-3 , Oyster Card Monthly £141.40 Annually £1472
Could also walk depending on how far away you live , but may need to travel to the city centre.
entertainment
http://www.workgateways.com/working-cost-of-living.html
And so I worked out costs on an average basis,
for instance for rent I looked at the costs of 5 flat shares and then got the average total from that. It equalled around £580 per month this included utility bills(including internet) and council tax.
I worked food and amenities to be around £50 a week totalling £200 a month, this includes a lot of lunches from home not shop bought.
And the cost of travel only including Zones 1-3 (as I felt that these where the zones that the company would need to travel around the most) is around £141.40, this is in the form of an oyster card. But it might be more appropriate to walk most days depending how far away from the office you are. (the office selected is in Zone 3)
An average phone contract is around £40 a week.
I also budgeted for clothing around £50 a week but this is quite large sum and it could be possible to save money from this.
And I allowed £50 a week for entertainment and going out etc, again this may rollover, one week might be more expensive than another.
One off payments of a tv license equals £145.50
And so the annual cost totalled around £14,457.00
so Per Month its equals £1,205
Per Week = £302
This budget isn't a tight budget as I felt that many of us wouldn't be able to stick to a tight budget and we wouldn't want to be solely working.
From this amount we can add it to the total to find out how much we would need to charge clients for work.
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