Hi! I'm a second year English Language & Literature student at King's. Congrats on the offer
I did not take a gap year. I would say that maybe 30% of people on my course did take one, and quite a few more are over 20, but the majority of people doing English and all other courses are fresh from school. If you don't want to take a gap year, don't do it! Unless you have something you really really want to do with the time, you'll probably regret not going to uni straight away.
Now let's talk money. Yes, London is expensive. But the grant and loan are generous, and King's itself hands out large grants to every student who gets grant from the government. I'm on full grant, and King's gave me a bursary of £1000 in my first year, which increased to £1500 this year. Rent for the halls varies - Hampstead is the cheapest, and places like Moonraker Point (where I ended up) are much more, about £7500 for the year.
If you get an accommodation offer from somewhere cheap (cheap for London, that is), you'll honestly be fine when it comes to other living costs. If you're offered somewhere expensive, you may need your parents to help you until you can pay them back, or get a part-time job, but it shouldn't come down to taking a gap year.
In a typical week living in London now, in my second year, with slightly more experience than last year, I spend:
- about £20 on transport, that is I top my Oyster up £20 a week and that covers my travel to and from campus and anywhere else
- about £30 on food
- £150 on rent
- £10 on electricity, gas and water bills
- £10 on various other small things like books, paper, the occasional shopping trip - they average out to a tenner a week.
If that seems like a lot, don't freak out. It definitely is a lot, but you know what makes me not worry about it? The fact that I'm in London, this incredible city, making friends and connections and learning things that will help me get a job. If I play my cards right, I'll get a job that can pay all this off in 10 years. I definitely hope to continue to live in London after I graduate, because I love it. King's is seriously fantastic.
I hope this helps! If you have any questions about King's, money or English-y subjects, just ask.