In just over a month, I will be moving to London to take up a new job. I'm a bit overwhelmed by the rental market so need some advice on locations, costs, and anything I have probably overlooked.
I will be moving with my partner (temporarily withdrawn from academic study due to ill health, so not earning) and we would ideally prefer to not have to flat share with others. My salary will be just under £30,000pa and I will be working near Victoria Street
Here are my main questions:
1) If we want to rent a one bedroom flat (not a studio flat), where should we be looking to get the best value for money while not being too far out from the centre? So far, I've been looking at East and North East London, but we're open to anywhere more or less - as long as travelling into work remains relatively hassle-free.
2) What level of monthly rent do estate agents consider affordable on a £30k salary? Will they consider renting to someone when rent is 45% of your monthly post-tax salary? Or alternatively, what would someone on this kind of salary be expecting to pay in London?
3) Are there better sites to look at than rightmove
, and gumtree
4) What general advice have you got for a new renter in London? What am I missing?
I know the market moves fast, so thoughts on how we should plan our househunting to get somewhere acceptable without too much trouble would be appreciated.
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