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A Living Wage For London

Table 2.2. Bottom quartile of rents of various sizes and types of accommodation (£ per week)
1 bedroom; 2 bedrooms; 3 bedrooms; 4 bedrooms; 5 bedrooms; 6 bedrooms
Rooms: 74; 37.50
Sharers: 75;
Bedsits: 70;
Studio Flat: no data available
Flat: 150; 87.50; 68.80; 72.30
Maisonette: 150; 86.50; 69.30; 100
House/bungalow/cottage: 144; 88.80; 71.30; 74.80; 69.10; 58.30
Social rented: 50.80; 29.60; 21.90; 18.20

Source: GLA and CIPFA datasets
 
Where does he live, how much did the flat cost and where does he work?

I found nothing for less than 600 a month (unless I wanteds to live so far out that the saving would have been lost in extra travel costs) and even that was an exception.
 
Donna Ferentes said:
Where does he live, how much did the flat cost and where does he work?

I found nothing for less than 600 a month (unless I wanteds to live so far out that the saving would have been lost in extra travel costs) and even that was an exception.
He pays about 550 a month in Balham and works in Selhurst (using a car)
 
Orang Utan said:
He pays about 550 a month in Balham and works in Selhurst (using a car)
Yeah, I could maybe just about have afforded that: though whether I could have got my six bookcases and a television into the place is another matter. 550 is unusually "cheap" though, don't you think?
 
Donna Ferentes said:
Yeah, I could maybe just about have afforded that: though whether I could have got my six bookcases and a television into the place is another matter. 550 is unusually "cheap" though, don't you think?
It is pretty cheap.
I wouldn't live there myself as I said - I would like to live on my own but would probably be have to be on £30K plus to have enough to pay for a one bedroom flat up to the standard I'm used to. That's why I prefer sharing with a mate.
 
Orang Utan said:
It is pretty cheap.

Yeah. And sometimes you can get cheap stuff, sometimes because it's shite and sometimes because the landlord or landlady is generous (I lived in Oxford for nine years with a bloke who charged far less than a market rent).

Orang Utan said:
I wouldn't live there myself as I said - I would like to live on my own but would probably be have to be on £30K plus to have enough to pay for a one bedroom flat up to the standard I'm used to.
Well, quite. And that's a one-bedroom flat, not a castle.

30K is, I'd guess, above the median salary in London?

Orang Utan said:
That's why I prefer sharing with a mate.
I don't. I'm too old for it and I don't believe I should have to anyway.
 
Not really. Obviously I see what you mean, but if it causes you stress and strife then in the long term it's not all that practical as you have to keep moving on anyway.
 
It doesn't cause stress and strife if you find the right person to share with - ie someone with a very similar lifestyle as you and someone with the same standards.
 
Donna Ferentes said:
Cobblers, my friend. Not if you also wish to eat and get to work.

OK you might be right - you can't or couldn't. I, and plenty of others did and do, on a lot less than £22k.
 
arty said:
OK you might be right - you can't or couldn't. I, and plenty of others did and do, on a lot less than £22k.

But its about standard of life. Working your arse off just to cover rent and bills and not having enough to actually enjoy life? Fuck that.
 
I don't get it. If you're earning £22,000, why can you only afford £600pm on rent? Where does the rest of the money go? £22,000pa is £1,388pm net.

(I'm using this tax calculator, btw.

My friend has a two bedroom flat in a gated development in Whitechapel, ten minutes' walk from the financial district. £600pm. Another friend has a two-bedroom flat, fully furnished, in Penge, zone 3, £650pm. My partner's own rented room in West Ham, which is zone 3 but has excellent transport connections, is £300pm including bills. My houseguest recently went to look at 2 rooms in shared flats, zone 2: one was £320pm inc, one was £345pm inc. Two friends of mine rent an absolutely gorgeous one-bedroom flat with a balcony in Camden - not a cheap area - for £700.

These are all big, clean flats in pretty good areas (Whitechapel has a reputation but if you visit it you find that it's very much out of date) not too far out of the city. That's a lot more money than you'd pay for something similar in the suburbs or most other cities, but it's not absolutely impossible.
 
scifisam said:
£6k and a great life here. Not everything requires spending ots of money.

I don't really believe you tbh. After rent, bills, council tax, travel I'd be in debt on £6k and I wouldn't have even eaten. My rent comes to 6K/year on its own.
 
scifisam said:
I don't get it. If you're earning £22,000, why can you only afford £600pm on rent? Where does the rest of the money go? £22,000pa is £1,388pm net.

I'm on £25K and I only get £3 more than that per month. Pension, student loan and union dues all come out first before I see any of it.
 
Blagsta said:
I don't really believe you tbh. After rent, bills, council tax, travel I'd be in debt on £6k and I wouldn't have even eaten. My rent comes to 6K/year on its own.

You caught me out, I'm lying! I must be! Despite the fact that you can check for yourself that that's how much student teachers get. Like I said, I have fairly cheap rent, so that helps a lot.

I am in a bit of debt - well, a few hundred, but that's mainly down to problems with the student loans company (who have, as I mentioned before, additionally paid me about £1000 net this year, which has covered childcare). I couldn't live on this wage forever - it's only bearable because I know it'll lead to a decent wage. In any case, it's a lot less than half the 'living wage' proposed.

I still don't understand how £1,388pm net is so hard to live on if you're renting (buying's a different matter). Council tax, rent, transport, food, bills, I'm adding them up and not coming to anywhere near that.

I guess this is a very good example of a question where Your Mileage Really Does Vary.
 
There's no way you can survive on £6K/year in London. You're either borrowing money or have parents helping you out.
 
Blagsta said:
There's no way you can survive on £6K/year in London. You're either borrowing money or have parents helping you out.

you can survive in London on no money..

anyway, ScifiSam isn't claiming to be living on only £6k.. that is for the 10 months of the PGCE for which she has also taken out a £1k loan and has accumulated in the space of a couple of months a few hundred quid debts.
 
I get the same 6k bursary. You get £666.67 every month. I have to admit if I had to pay my rent and bills out of that (which, luckily, I don't really), I'm not sure how I'd manage - cheap rent or otherwise. However, I believe ScifiSam when she says she does. That is pretty impressive though.
 
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