Shared flat, bills, question

[rsatd]

Being a novice with renting shared flat renting (rented before on my own but its not reasonable in London and I want to save money to get a mortgage). Wanted advice as to what is commonly done in London.

I am in a flat share of 3 people (total) where people pick bills and pay them, but would it make sense to create a joint account with other flat mates so that when bills come, we would just split the end bill/3 by transferring money into the shared account? Can this even be done with bank accounts? Is this reasonably common? I am new to the shared renting and London in general.

Might be relevant but not sure. The contract is with a private landlord and it seems that we pay for the entire flat individually, but the flat is in each of our names. Its a "free" contract in terms that if I find a suitable replacement I can leave any time. It seems that one of the flat mates is planning to move out in a few months too. We all work (not students) if that makes any difference?

 

[rsatd]

Oh interesting, just a note, this is only for bills and shared things like loo roll, cleaning items that sort of stuff (not rent). Just wondering if this would work out easier then keeping a list of who bought what, paid what bill and how much that was...

Edit: Also its a new place for me, so I don't know anyone but one tenant been there for 4 years already. Both seem sensible.