House/Flat Sharing

[Muffin`]

Main problem for me is the internet connection I think someone is torrenting and causing it to get really slow, but the router has very limited controls and is in someone else's room, so I can't work out who without (shock horror) asking.

See if you can agree to split the internet and give everyone a fair share of pipe space

 

[Masterdog]

Main problem for me is the internet connection I think someone is torrenting and causing it to get really slow, but the router has very limited controls and is in someone else's room, so I can't work out who without (shock horror) asking.

Being a nerd, this is something I've been wondering about when housesharing (mainly because it would probably be me maxing out the router). Are you usually allowed to get your own internet connection coming into your room, if you pay for it yourself? I guess it would depend on the landlord, but just wondering what the usual situation is.

 

[Glaucus]

Are you usually allowed to get your own internet connection coming into your room, if you pay for it yourself?.

Nope one per house. Don't know any ISPS that will let two into one house.

 

[Blue Cypher]

Main problem for me is the internet connection I think someone is torrenting and causing it to get really slow, but the router has very limited controls and is in someone else's room, so I can't work out who without (shock horror) asking.

Just start blocking ports

 

[Masterdog]

Nope one per house. Don't know any ISPS that will let two into one house.

What about with a seperate phone line? (again, landlord willing) Getting expensive now tho I spose

 

[Glaucus]

What about with a seperate phone line? (again, landlord willing) Getting expensive now tho I spose

That's the problem getting separate landlines is not easy. Most will only do a 2nd landline for businesses.

 

[Phate]

I've just recently moved in with a good friend of mine. Loving it so far!

I would say do it with a friend, preferrably of the opposite sex because you will find that women will want to live with men because women are bitches and men will want to live with women because men are filthy and you can have some eye candy about

Plus she does my washing for me!

 

[Zogger]

See if you can agree to split the internet and give everyone a fair share of pipe space

don't think the router would be able to do that

Being a nerd, this is something I've been wondering about when housesharing (mainly because it would probably be me maxing out the router). Are you usually allowed to get your own internet connection coming into your room, if you pay for it yourself? I guess it would depend on the landlord, but just wondering what the usual situation is.

Nope one per house. Don't know any ISPS that will let two into one house.

Yeh you can only have one ADSL connection on a landline - however we are on virgin (i.e. cable) and there is a phone socket right next to my computer, but I have no idea if we even have a landline let alone what the number is.

My internet connection is included in rent at least

 

[Glaucus]

Yeh you can only have one ADSL connection on a landline - however we are on virgin (i.e. cable) and there is a phone socket right next to my computer, but I have no idea if we even have a landline let alone what the number is.

Probably a virgin phone. I suppose you could do that have virgin cable and a bt adsl line.

 

[daz]

Renting can be right dependent on your situation, but outside of those situations (certainly when you have no need to be renting and could be putting money towards buying your own place) I fail to see how it isn't throwing money down the pan to an extent.

Let me give you an example.

I'm renting a place that when I started renting it was worth £320k. I pay £1200 a month in rent. If I'm lucky enough to get a 6% mortgage on a similar place, over 25 years, I would be paying £2086 a month. That's a difference of £886 a month.

If I put that £886 a month into a high interest savings account (lets say I can get 5.5%), with compound interest after 25 years that money will have amounted to around £650k. Obviously in real terms my money isn't worth £650k because of inflation (but then neither is the house you bought).

It's practically equivalent to putting that extra money into a mortgage on a house... except I'm not tied down.

Obviously, the advantages of having your own house are numerous too - you can do what you want to the property for a start, no annoying landlords etc..!

 

[Freefaller]

I wouldn't share with randoms, but that's just me. At uni I was lucky enough to be in halls for a bit before moving into a flat so was able to vet the people I got on with and moved in with them.

I'm moving into a new flat soon with a friend of mine that I know I can live with, who shares the same views as me with regards to cleanliness, and is mature (well he's actually older than me!) and I know we can look after the bills together without it being an issue. It's just reassuring to know that I know who I'm moving in with.

If you can afford moving in by yourself I'd prefer that over a house full of random people, but ideally it's more fun to move in with some reliable and good friends.

 

[Glaucus]

If you can afford moving in by yourself I'd prefer that over a house full of random people, but ideally it's more fun to move in with some reliable and good friends.

Very true oh and even though I'm living with randoms. I wouldn't live with randoms unless the bills are included in the rent. Far to much hassle otherwise.

 

[Chronictank]

Let me give you an example.

I'm renting a place that when I started renting it was worth £320k. I pay £1200 a month in rent. If I'm lucky enough to get a 6% mortgage on a similar place, over 25 years, I would be paying £2086 a month. That's a difference of £886 a month.

If I put that £886 a month into a high interest savings account (lets say I can get 5.5%), with compound interest after 25 years that money will have amounted to around £650k. Obviously in real terms my money isn't worth £650k because of inflation (but then neither is the house you bought).

It's practically equivalent to putting that extra money into a mortgage on a house... except I'm not tied down.

Obviously, the advantages of having your own house are numerous too - you can do what you want to the property for a start, no annoying landlords etc..!

I really don't get what you are trying to say
He could live with his parents and put all the money into a high interest account, he has currently near no outgoings so i really cant see how you think renting is beneficial in his case.
You aren't paying off your property, it isn't yours nor are you raising funds towards it :s
You eventually will be paying the mortgage anyway to own a new property so you have some tangible assets (assumably), so why not just skip losing £1200 a month in rent and buy it "now" (well in a year or so due to market conditions)?

Now admitedly i have gone out on a limb and assumed at some point in the future he plans to invest in a property, if he has no intention of doing so your point is perfectly valid

 

[Spend_day]

i think im quite tolerent but if i do have a problem with some1 i fail to see the point of pussy footing (can i use that phares) around it/them ill go talk to them (not shout mind you). realistically getting my own place in the currently market isnt happening. I might have a look at part owning and part renting but at the same time im not 100% sold on that (i have had a bit of a look into and some are very restricting and aren't very good deals at all). Is there any1 who's house shared in a non uni envorment with other working people

i do have some outgoings such as rent i pay my parents and any food stuff i want but mum wont get

 

[daz]

You eventually will be paying the mortgage anyway to own a new property so you have some tangible assets (assumably), so why not just skip losing £1200 a month in rent and buy it "now" (well in a year or so due to market conditions)?

Because the mortgage on a comparable place is 1.5-2x the monthly rent...

That different between the monthly rent and the mortgage could be placed in a high interest account that can yield similar figures to any increase in property values.

 

[thewanted]

iinstead of throwing money down the never ending black hole that is renting
You are essentially throwing money away by renting to be completely honest,

I've never understood this. If I bought my house with a 90% mortgage, I'd be paying more than double what I am in rent. Surely I'd be better off putting that money in an interest-bearing account than tying myself down to a 20-35 year mortgage and paying a lot of interest to the bank?

I realise it would be nice to leave the house to someone in my will, but I just can't get my head around the fact that owning a house is an investment.

 

[TheDean]

I wouldn't recommend sharing with randoms at all. Occasionally you will get lucky and live with people you like, but the majority of random housemates will turn out to be dirty/loud/inconsiderate etc.

My personal order of preference:

-share with friends/partner
-live alone
-share with randoms

In my experience that is total rubbish. I have lived in shared houses for the past 5 years, the last two I moved in with 'randoms' as most of my friends had moved away from Newcastle after they had finished Uni. I wanted to stay because i liked it so much.
I think you just have to be positve mate and go out for a drink with the lot of them to see if you will get on etc...

If I can give one one tip about sharing rented accomodation - never bitch about people - always go and talk to the person about any problems you and them may have. I have seen several avoidable situations created by going behind peoples backs.

Good luck whatever you decide

 

[Freefaller]

Renting is quite a sensible option these days IMO. Most of the people in the continent don't buy their homes until they are in their middle age. Renting also doesn't tie you down. Certainly at this present moment in time buying seems daft. Yes I do resent paying for someone else's mortgage but frankly I have a roof over my head, it's guranteed and I can't be kicked out without a minimum of 6 months notice. If you have a good landlord you have a fair bit of freedom - furthermore if there are any problems they are not your responsibility, so not your expense.

I pay £460 a month (there's 2 of us paying the same amount), and we have a HUGE converted Victorian mansion. We have over 600 s*** of floor space and a very big garden (communal admitedly (between 4 flats)). I don't have to pay for any maintenance, any issues with any parts of the place - it's fantastic. I've also been allowed to give it a lick of paint, put some shelves up and personalise it a little. I also don't have to worry about spending over half my salary on being able to have a roof over my head! It means I have more disposable cash, which means I can save up for a rainy day, holidays, gadgets, savings, and even a deposit if I felt it worth while. Until I'm able to get a joint mortgage there's just no point in putting all that financial strain on myself.

I also think it's a bit of a **** take staying at your parents without contributing to the house when you've got a job.

A lot more people are turning to renting, and it's quite affordable and you can get a lot for your money - I have and I couldn't be happier tbh!

 

[TheDean]

Renting is quite a sensible option these days IMO. Most of the people in the continent don't buy their homes until they are in their middle age. Renting also doesn't tie you down. Certainly at this present moment in time buying seems daft. Yes I do resent paying for someone else's mortgage but frankly I have a roof over my head, it's guranteed and I can't be kicked out without a minimum of 6 months notice. If you have a good landlord you have a fair bit of freedom - furthermore if there are any problems they are not your responsibility, so not your expense.

I pay £460 a month (there's 2 of us paying the same amount), and we have a HUGE converted Victorian mansion. We have over 600 s*** of floor space and a very big garden (communal admitedly (between 4 flats)). I don't have to pay for any maintenance, any issues with any parts of the place - it's fantastic. I've also been allowed to give it a lick of paint, put some shelves up and personalise it a little. I also don't have to worry about spending over half my salary on being able to have a roof over my head! It means I have more disposable cash, which means I can save up for a rainy day, holidays, gadgets, savings, and even a deposit if I felt it worth while. Until I'm able to get a joint mortgage there's just no point in putting all that financial strain on myself.

I also think it's a bit of a **** take staying at your parents without contributing to the house when you've got a job.

A lot more people are turning to renting, and it's quite affordable and you can get a lot for your money - I have and I couldn't be happier tbh!

None of that would be true in London....but i agree in priciple. Renting is good for the young

 

[Freefaller]

I live on London, I'm basing that on my experience.

What don't you agree with it about it being in London?

By young I guess you mean sub 35?