How to move to London and actually live…
If you’re not originally from London, the thought of moving to the Capital seems like an arduous and expensive task! We’ve pooled some ideas from the office and came up with what we think is the ultimate survival guide if you or someone you know is considering making the jump.
Become a Property Guardian
We’ve all seen the news about the recent, steady rise in property prices but rents in London have been exorbitantly high for a while. This is one of the main factors of worry for potential-Londoners. Never fear though! There are ways of living on a budget in London. One of the most cost-effective ways to live in the city is to become a Property Guardian. Living through an agency like Camelot Property Management, you can become a temporary resident of a vacant building – which can sometimes be in quirky and cool locations!
‘Rent’ is collected in a single monthly fee, which includes all bills including heating, water and council tax. Mark in our team has been doing this project for over two years and over that time has paid an average of £280 a month. It’s also a great way to meet new people! With no lease, you can stay in the property for as long as you require or until it is sold, at which time the agency will suggest alternative available properties.
The only downfall of being a property guardian is that most of the buildings are not built to be lived in, and therefore have no furniture. Agencies like Camelot will provide shower and sanitary facilities, but they are far from luxurious. A potential candidate will need to provide these if your stay is to be comfortable.
Be a savvy-shopper
Once you’ve found your humble abode, it’s time to fill those cupboards. With Tesco announcing 6% losses in the second year in a row, you might wonder where all the shoppers are going? The answer is Lidl and Aldi. Paying a weekly visit to one of these supermarkets can save you 20-30% on your bill and you can still get all the staples you need – not to mention very reasonably priced wine!
Other smart ways of feeding yourself is to look out for discounts and promotions. Recently we spotted that Japanese fast-food restaurant Itsu slash the price of what food they have left 30 minutes before closing – saving you up to 50% and keeping your tummy satisfied for the evening!
Speak to your employer
More often than not, your new workplace will be able to help you wherever they can. After all, you’re not the first person who’s moved to London. A great way of saving money in the long term is to ask about your travel options. Some employers offer a deal where you are loaned the funds for an annual travel card and deducting a monthly fee from your wage.
For example, an annual Zone 1-3 Travelcard will save you £224.80, rather than buying a monthly pass twelve times a year. This also means you don’t need to worry about running out of funds throughout the year and you’re always able to either head to work or to party!
If you stick to these handy tips, moving should be a breeze!