How to Save Money When Moving in the UK

It is already obvious to many people wanting to live in the UK that the costs are expensive. Still, you insist that you want to live here because you find your passion or simply want to experience living in a different environment. Keep in mind that just like what most people think about living in the UK isn’t cheap – it certainly isn’t.

The UK is the 12th most expensive nation to live in, while its capital London is world’s 6th most expensive city.

But no matter where you go, there are ways that you can live even in the most expensive places in the world if you are armed with the right knowledge like the locals do.

Sharing a flat

It is no secret that housing in the UK is very expensive. The rents are even at the highest compared to the rest of the countries in Europe. Most Brits spend almost 40 percent of their income on housing alone, compared to the average the European does – at 28 percent.

This is why it is very common in the UK to share a flat to keep the costs down. It is also considered the best way to meet new people and make friends. You can find these flat sharing sites such as Gumtree and SpareRoom. You can also go for events such as Speed Flatmating if you want to find potential flatmates that y ou want to share the space with.

Acquire a bank account

And you should do this as fast as you can. The reason for this is because it is cheaper and much easier to own a bank account locally. The good thing is that it is also easier for anyone to set up their local bank account once they have arrived in the UK.

All you need are two documents. One is that it proves your identity and the other proves the address that you are living in. This is why most of the arrivals look for a place first, although the re is also the possibility that to acquire this sooner.

Reduce household bills

It may look high to you when you take a look at your bills for the first time in your new home, especially during winter season. You might prefer to put on your jumper tha n turning up the heating.

However, there are ways that you can save money on the bills just by switching suppliers. There is more competition in the UK than before. However, the Brits are still having second thoughts with switching. It means that the be st deals are the ones offered to the new customers.

Get connected

If you already have a phone already and you just want to get connected to a British network, just search for the ‘sim only’ deals to save you the bills. If you have plans on goin g back home a lot of times, make sure you check out the roaming deals, too.