I'm moving into my own place in a few months.
I've been paying £75 a week for rent for this year but that includes all bills so am completely unaware of how much bills actually are tbh.
I'm looking into living on my own (rather than with my friend but if I can't afford it then I'm going to stick with my original plan and share with her) so I'm just trying to work out if I'm actually going to be able to afford it.
I'm looking at £400/£500 a month rent (from what I've looked at) so I'm just wondering how much per month I should add to that. I mean, I want TV so I know I have to pay for a TV Licence. I also want an internet connection so how much would that add per month and if there isn't a phone line, how much does it cost to get one fitted so I can have one? Also, how much is council tax per month? I'm looking into living in Didsbury in Manchester.
How much is electricity, gas, water, etc? I wouldn't really use much as one person surely? Is there anything else I've missed?
Also, how much of my wage should I really be thinking about putting towards all this in terms of percentages? Sorry for all of the questions. I just wanna know what I'm doing at the time sorta thing and don't want anything going wrong!
I'm just trying to work out how much I should be adding onto my rent each month for all of the above really.
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Thread: Average bill prices?
14-03-2007 06:45 PM #1*Snow White Queen* Guest
Average bill prices?
Last edited by *Snow White Queen*; 14-03-2007 at 06:53 PM.
14-03-2007 06:49 PM #2
Oh dear. I think you're in for a bit of a shock.
75 a week is nothing compared to renting your own place.
In addition to rent, you'd be looking at -
150 quid for a BT line to be installed if there's not one already, otherwise I think it's around a tenner a month for rental.
10-30 quid a month for your internet.
Roughly 30-50 quid a month for each of the utilities.
Council tax will depend, but 60 a month +.
Then you've got to stock your house out with equipment and stuff, and maintain it all.Another quality post brought to you by Mr Mist, god of Moo.
14-03-2007 06:55 PM #3*Snow White Queen* Guest
Aye. I realise that its not going to be easy, thats why I'm trying to get my head around it all now and to see if I can actually afford a place of my own. If not, I'll rent with my friend who a while (as planned) until I can afford it.
Why on earth is gas, electricity and water gonna cost me £150 per month? That seems really expensive seeing as I don't use much.
My phone bill is £35 per month too. Meh.
14-03-2007 06:55 PM #4closed
- Join Date
- May 2001
- Newcastle upon Tyne
More than you think, is the honest answer.
We pay £30 a month for gas and the same for electricity (if you only have electricity double that at least). We don't use much gas or electricity, and our bills are lower than that of our friends.
Council tax will be starting at about £100 a month, depending on the band of your property.
The TV tax is £15 a month.
Water is about £30 a month, more if its metered.
Telephone line rental is about £10 a month. Calls are extra, although with most broadband providers you get free calls. Broadband is £20 a month.
To install a BT line is £150. If cable is in your area and depending on your house you could get cable installed. Virgin Media do TV, telephone and broadband for £30 a month, with free installation.
Contents insurance is about £25 a month.
It all costs money.
Generally if you are spending more than 50% of your income on your rent alone then you will very likely run into some financuial hardship.
Last edited by Kermit; 14-03-2007 at 06:57 PM.
14-03-2007 06:58 PM #5*Snow White Queen* Guest
Telephone line rental? Whats all that about?
I'm not actually going to be using a landline phone. I just need a telephone connection so I can have the internet.
Looking at these figures, I think I will be renting with my friend for a while
14-03-2007 07:03 PM #6
You still have to pay BT for the use of the line in order to have an internet connection. I think the cheapest line rental you can get is £7, but that's incoming calls only and you can't have an internet connection on one of those as it's outgoing. Sooo I think it's £11 for the cheapest line rental for incoming and outgoing calls.
Bills are horrendous. I hate having to pay them, particularly when I haven't reeeally lived in the house I'm renting at all.
14-03-2007 07:03 PM #7closed
- Join Date
- May 2001
- Newcastle upon Tyne
If you want the internet you will need a landline telephone connected to your property. You will also need to rent the line from a line rental company, usually BT, to pay for maintenance of it, etc. Some companies, like TalkTalk, charge their own line rental, but you still have to pay for use of the line.
The only alternative is to get cable through Virgin Media.
14-03-2007 07:19 PM #8*Snow White Queen* Guest
Gawd. I forgot about insurance. Meh.
Everything is so expensive
I'm looking at about £300 extra per month aren't I? (Or £150 if I'm sharing with my friend)
14-03-2007 07:19 PM #9Another quality post brought to you by Mr Mist, god of Moo.
14-03-2007 07:24 PM #10*Snow White Queen* Guest
Well she is but I like my space. She doesn't even realise I'm considering this tbh. I'm only looking into getting my own place, I've not decided to.
Tbh, going by these figures, I think I'm best renting with my friend for however long the tenancy lasts (6 months? a year?) till I get myself a proper job sorted out and get used to how much I need to pay each month and stuff. It scares me how much stuff I've gotta sort out though, it really does.
It is just bothering me a bit that say one month, my friend doesn't have any money that I'll be landed with all the bills, rent, etc. I'd rather just have to worry about my own money rather than both hers and mine.
14-03-2007 07:31 PM #11
It is just bothering me a bit that say one month, my friend doesn't have any money that I'll be landed with all the bills, rent, etc. I'd rather just have to worry about my own money rather than both hers and mine.Another quality post brought to you by Mr Mist, god of Moo.
14-03-2007 08:02 PM #12*Snow White Queen* Guest
Aye, yeah you are right. Even if she drops out, there is loads of houseshare things going on in Didsbury. It scares me how much its gonna cost though, it almost makes me feel as though I'm getting a bargain at £75 per week (despite it being stupidly expensive compared to other student rents in Preston).
ETA: It worries me about what Kermit says about the 50% thing.
At the cheapest I'm gonna be forking out £400-£500 per month for everything if I share with my friend. Its likely I'll be in some shitty temping job for quite a while (till I get my feet on the ground) and at most, be earning £200 per week Minimum wage, 40 hours a week and all that
Last edited by *Snow White Queen*; 14-03-2007 at 08:05 PM.
14-03-2007 08:11 PM #13
14-03-2007 10:22 PM #14
Me and my other half have a house (mortgate et.c.) Mortgage is £450 a month, £112 council tax, plus another £500 to cover bills and food with us having to dip into our own pockets to bail the joint account out every now and again.
Don't rent, if you can afford £500 in rent, you can afford a mortgage.
A combined wage of £42,000 is enough to buy a £100,000 property.Whowhere, neither here nor there.
14-03-2007 10:25 PM #15*Snow White Queen* Guest
I don't have an income and I'm almost 100% certain that I won't be on £100,000 when I do get a job
I finish Uni in May. I'm planning on renting a place with my friend in June. I have a few grand in savings but thats hardly gonna get me a deposit on a mortgage. I'm going to have to rent as thats probably all I'm going to be able to afford when I get a job. Got no choice really.