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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To wonder what £5k a month would get you in London?

13 replies

EmilyEvasive · 19/10/2017 20:51

No, I don’t have this sort of money to spend!

Heard of someone today who pays this. Regular person and ‘normal’ job.

Live in Ireland so have no clue really about London prices!

OP posts:
Crunchymum · 19/10/2017 20:53

They pay this for what? Rent? Mortgage?

It's an insane amount, even for London.

Someone paying 5k (I assume) for accommodation would be earning a very high salary.

Moanyoldcow · 19/10/2017 20:54

What do you mean 'get you'?

There are people in London living on much more and much less than this.

There are houses down the road that cost nearly that to rent. The other way you can rent something similar for £2k.

CruCru · 19/10/2017 20:54

I’ve found a pretty nice flat in West Hampstead for £1.1k a week here.

Paddingtonthebear · 19/10/2017 20:56

£5k a month in rent would get you a 5 bedroom cliff top house with sea views here on the south coast

EmilyEvasive · 19/10/2017 20:58

I thought that for that price a month you would be living in extremely luxurious accommodation.

It’s rent.

I had a little google there and am shocked!

OP posts:
KindergartenKop · 19/10/2017 21:00

Round here a one bedroom flat is about 1k a month.

LaurieFairyCake · 19/10/2017 21:13

£5k will rent you an utterly bog standard house in London but in a really desirable area.

Literally a nice Victorian house like mine, but in Kensington.

In fact £5k doesn’t quite cover it sometimes. The ones with really modern kitchens are £2k a week,

MyBrilliantDisguise · 19/10/2017 21:16

In Image 20 of that West Hampstead apartment, why would people sit with their back to the television?

bungaloid · 19/10/2017 21:48

Well that's about a million pound mortgage. Not many jobs support that. I suppose if you can only do your job in London then it's what you do. Madness to me.

Grilledaubergines · 19/10/2017 21:54

In one of the wealthier areas, not a huge amount but in a regular London town where people earning ‘normal’ salaries it’s probably not much different to some other parts of the country where costs are high.

You can’t compare central London prices realistically with anything, but the rest of London/Greater London is occupied by people who don’t have huge incomes necessarily.

A1Sharon · 19/10/2017 21:56

Someone I know rents their beautiful 4 bed in highgate for £1500 a week, so £5000 should get you something decent!

whoopwhoop21 · 19/10/2017 22:17

Nearly spat my tea out!

www.rightmove.co.uk/property-to-rent/property-67377551.html

CruCru · 19/10/2017 23:11

I should think that whoever would rent the 8 bedroom in Clapham would have their rent paid by their company OR it would be an (expensive) houseshare between 8 professionals.

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