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Lower Cost of Living and Improved Lifestyle are Two Among Many Advantages of Sharing Flats in Edinburgh

By LauraCampbell Subscribe to RSS | February 6th 2012 | Views:

Whenever a person is looking for a property, there are three options available. First, rent an entire flat/apartment/house alone. This option is widely exercised by families, students and working professionals. Second, is to purchase a house. This is only exercised by those who can afford to do so. As investing a large sum all at once is not possible with a majority of people. Lastly, there is the option of house/flat sharing. There are a number of reasons why people choose to flat-share.

Lower cost of living:

Sharing an accommodation is becoming more and more popular as the economy is in a state of flux. People trying to lower their cost of living, resort to this form of living as it involves sharing bills between flat mates along with the council tax, rent etc. This makes things more manageable as sharing the cost helps to reduce tax and rental rates dramatically. At the same time it is important to mention that some of the bills will actually increase which is proportionate to the number of people using the property.

Monday to Friday lets:

This is becoming very popular in the city of Edinburgh, especially among the working professionals. There are many people who have their homes at a long distance from their home, which means that they have to spend long precious hours travelling or being in crowded trains. This happens mostly with people who work in the city but have homes and families in the country or vice versa. Constantly travelling to and forth might bright a person down, result in lack of sleep which will directly affect efficiency during working hours. In such a situation staying in a hotel or travelling constantly will affect your pocket. Hence the solution to all this hassle is Monday to Friday lets. this is not only cheaper but is also less stressful then a long commute.

Improved lifestyle:

Sharing a flat or apartment also means that you can improve your lifestyle as it allows you to stay in a property which you would not be able to afford alone. Moreover flat sharing also gives a huge advantage socially for people coming from other areas. Having a flat mate increases your chances of meeting new people and making friends who can help you out get familiar with the local area. Hence if someone does not like meeting new people or making friend then flat sharing is not an option.

Extra income:

People sometimes open up their homes to tenants by renting out rooms. There is a rent-a-room service by the government which allows homeowners to rent out rooms and make extra income.

LauraCampbell - About Author:
Laura Campbell is a marketing officer for Greenlet, property lettings website in Edinburgh. If you want more information on flats for rent edinburgh, please visit Student accommodation.

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