The main problem for students finding accommodation in the UK these days is likely the rising rental costs, which are up more than 8% compared to the past two years. This is due to several factors, including a 390,000 increase in the number of students needing accommodation this decade, as well as higher inflation and increased operating and development costs.
Earlier this year, the average rental price in England rose to £1,293 per month, while in Wales, it increased to £730, and in Scotland, the figure reached £952. Popular locations like London are facing an even greater challenge, with rental prices soaring by 10.8% compared to the previous year, bringing the average monthly accommodation cost in London to £2,070.
To alleviate these expenses this year, parents and students who are clients of Peyton & Charmed have cleverly responded to the economic situation by having students team up to rent Private Accommodation together. This smart move has also set a new record for Peyton & Charmed in terms of the number of 2-bedroom accommodation searches.
For students who are urgently looking for accommodation before the upcoming semester in the UK, you can bring your friends to use Peyton & Charmed's accommodation finding services. Not only will you reduce costs, but you'll also have friends living with you, so you won't have to worry about being lonely.
