Renters return to sharing in face of soaring costs

Large numbers of people are returning to flat-sharing after living alone or with a partner, new research has revealed.

House share website’s data shows that 51% of its users have turned back to sharing, while new flatsharer figures have risen 31% in the last two years.

UK rents haven risen by 9.5% since 2010.

While almost a third of SpareRoom users have always lived in shared flats or houses, 16% said they had once been homeowners.

And over the past five years, the fastest growing age group of flatsharers has been 45-54 year olds, up by 50%.

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