In the News: City AM examines the cost of renting a room in London

This article from City AM journalist Lauren Fedor details the increase in monthly rental costs for a single room in the UK’s major cities since January 2015. You can read the full article here.

London saw an increase of 5.3% in six months to £694. The largest upsurge was seen in Cardiff and Edinburgh, who saw an increase of 10.7% and 10.0% respectively. Looking at these figures, it comes as no surprise that more hard working individuals are looking to Guardianship as an alternative way of life. By paying around£350 a month to live in London, Ad Hoc Property Guardians are saving around 50% compared to conventional renting. These savings are often put towards buying a home, starting a business or saving for the future.

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