Simply over half of flatsharers (51%) are counting on some type of mortgage, credit score, advance or a second earnings stream to assist them pay their lease, Spareroom analysis exhibits.
In an August 2025 survey of three,775 flatsharers, 19% had used their overdrafts, 18% had wanted a mortgage, 14% had taken on a second job and 13% had used bank cards to pay their lease prior to now 12 months.
Underneath 30s had been extra more likely to have taken on second jobs to assist pay their lease (17%), and extra more likely to be utilizing their overdrafts to pay their lease (22%).
Matt Hutchinson, director of flatshare website SpareRoom, stated: “Rents have been stabilising over the previous yr which is masking the massive issues persons are dealing with round affordability. Flatsharers’ budgets merely aren’t assembly asking costs set by brokers and landlords in lots of elements of the UK.
“Meaning persons are having to lean on mother and father and family members, tackle second jobs and discover numerous methods of borrowing to have the ability to pay their lease every month.
“The truth that over 1 / 4 of underneath 30s now flatsharing have relied on their mother and father to have the ability to begin renting within the first place – i.e. with a deposit mortgage – exhibits simply how laborious it’s to go away house in any respect.”
Londonderry, Edinburgh and York which have the most important gaps between common budgets and rents.
At £823 per 30 days, Edinburgh is now the second most costly metropolis through which to lease, after London, however the common flatsharer solely has £716 per 30 days to spend.
