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London rent isn't so expensive imho. watch

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    (Original post by WiSi)
    Santander is not a Spanish bank?
    Santander bought Abbey, a UK bank, and is a significant presence in the UK.

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    (Original post by Joinedup)
    Yeah it took over a lot of british banks that failed about 10 years ago...

    don't get me started...

    ---
    also note that British housing is really small and overcrowded compared to most places in europe... and it just gets even worse in London TBH

    https://www.telegraph.co.uk/finance/...udy-finds.html
    What!?!?!
    A spanish bank that is stronger then British banks?
    That's crazy.
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    (Original post by Doonesbury)
    Santander bought Abbey, a UK bank, and is a significant presence in the UK.

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    And Alliance & Leicester

    And Bradford & Bingley

    for a few months the main drag in my town looked like it should have been called Santander Street
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    How will housing be in 10 years in London then?😮
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    (Original post by Realitysreflexx)
    i shared a room, yes that means i slept in a room with another person.... in a house in zone 3 (outside of central london) in tottenham, for 670£ a month rent, through student accomodation......thats a ton of money!!!
    W...tf?

    Where are you originally from??
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    (Original post by Nerry)
    W...tf?

    Where are you originally from??
    Germany, USA,

    However i ended up in London on a foundation course with literally no time to set up accomodation beforehand, had been due to start a course in Amsterdam but they decided they didnt want me there and sent me to their foundation in London which was literally last minute, i found my accomodation in one hour on my first day in London.
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    Man, you're a real joker!
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    (Original post by Realitysreflexx)
    wouldnt apply to OP as he is european he wont get the same kind of credit offers like overdraft and those british student luxuries.

    It was such a struggle to even open a bank account in London that i never did. Simply didnt have one until i moved to Nottingham..(im german)
    Oh ok, Good luck with your studies by the way
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    400-450 quid a month would get you a 3 bed semi with front, back gardens and off-road parking round here.
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    (Original post by gjd800)
    400-450 quid a month would get you a 3 bed semi with front, back gardens and off-road parking round here.
    You can rent a shed illegally with that money in london
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    London is overrated imo, go rent a room in manchester or something for like £400..

    the people are friendlier up there too...
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    (Original post by WiSi)
    What!?!?!
    A spanish bank that is stronger then British banks?
    That's crazy.
    Its not stronger per say, as much as its got a bigger balance sheet of consumer banking, other banks have specialised more.

    The biggest banks arent always the strongest, the more assets they are trickier to manage in terms of crisis and etc....ie lehmann ie bear stearns ie citigroup ie AiG... with the liquidity requirements etc its better to be a medium sized bank thats just really good at particular areas. Retail banking is the best way to a sick bank imo....look at all the retail zombies, Bank of America, Deutsche Bank....Wells fargo....
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    I pay £55 per week so to be honest £450-£500 a month is ridiculous to me lol.
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    I pay about £70 a week for my one bedroom flat here in Plymouth.

    I've lived in London (North West) and lived in halls. I did look at somewhere to live for a possible second year and was looking at double what I pay now, at least.
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    (Original post by Tiger Rag)
    I pay about £70 a week for my one bedroom flat here in Plymouth.


    seems awfully cheap,

    so i did a search on gumtree and can't find any 1 bedroom flats there for anywhere near that price.

    I think you've put the wrong price......
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    (Original post by WiSi)
    Why I shouldn't be able to compete?
    Because you seem completely inept.
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    (Original post by curtwire)
    Because you seem completely inept.
    In this moment I have no skills, but with a degree I will obtain some abilities.
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    Obviously it depends where in London you'd like to live. I'm moving there in September and I'm looking to live centrally near the University (KCL) and it is certainly anything but cheap. Likewise Manchester, I pay £975 a month for my one-bedroom flat here, but I'm in the heart of the city. All about priorities.
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    I think you’re crazy if you think London isn’t expensive. I live in London zone 3 (so Greater not central) and it costs £2000 a month for a three bedroom flat, on the third floor, in a not so nice estate. It’s only getting more expensive too. We are moving north (to be able to afford university for me) and it’s going to cost us about a third for a 3/4 bedroom house up there.

    It’s not just the housing costs either. When I go to the north and stop in the really nice cake shop that I love, it costs me £2.50 and if I was to buy the same thing down here, it costs me £5+. The cinema costs more here, and more again in central London. The cost of parking is greater here. The list goes on and on.

    Yes London wages are higher but Greater London wages (from the latest data I could find) is actually only a few grand more than the national average wage. Although central London is a higher average way than Greater, you have either the higher expensive of rent or greater travelling costs. For me, unless you are in a job that have a significantly higher wage in London than else where, it doesn’t make financial sense to be here. Although, I understand London offers some opportunities and experiences that other locations do not, money isn’t the reason to come here.
 
 
 
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