Spareroom.co.uk Launches Magazine For Finding Flatmates

We're pleased to learn that the flat sharers website Spareroom.co.uk are launching a new magazine aimed at people looking for flatmates to share properties.

We've reported elsewhere that tenants are looking for value. Tenants are downsizing -and sharing has become the preferred choice for many city professionals who would otherwise have looked for their own one bedroom flats or studios to let in London.

Many larger properties that let to corporate tenants on relocation allowances, typically priced from 600 - 1000 per week, are now attracting interest from professional sharers. Prices have softened and our central London lettings offices are agreeing more two and three bedroom flats to sharers than at any time in Chard's history. Landlords in London are increasingly receptive to offers to rent from sharers, rather than risk a void period in search of increasingly elusive high value financial services tenants.

The team at Chard wish them every success with their venture. It's certainly fair to say they've got their timing just right.