York is cheap­est city to share a flat

Yorkshire Post - Property - - PROPERTY -

Sur­pris­ing news this week that York is the cheap­est city to share a flat in the UK at £270 pcm for a room, ac­cord­ing to Easy­room­mate.co.uk.

The flat­shar­ing web­site has cal­cu­lated how af­ford­able it is to rent in the 55 largest cities in the UK. Southamp­ton is the least af­ford­able city with 27 per cent of the av­er­age in­come be­ing spent on rent – 11 per cent higher than the na­tional av­er­age. Jonathan Moore of Easy­room­mate.co.uk, says: “York was hit hard with the re­ces­sion. As a re­sult, there was a sharp in­crease in home­own­ers look­ing to rent out spare rooms to help pay the mort­gage – push­ing up the sup­ply.”

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