UK flat sharers face paying the highest property rents in Europe, some 5% higher than France, the second most expensive, new research shows.
The UK is the least affordable country, with 15% of gross earnings being spent on rent, compared to 12% in Spain and London is the priciest city, with an average monthly rent of £520, ahead of Paris and Milan.
And the research from Easyroommate.co.uk that looked at 33,000 British, French, Italian and Spanish rental properties also found that Glasgow and Birmingham are more expensive than Madrid or Barcelona.
The average rent paid for a room in the UK is £360 per month, some 56% higher than that in Spain, where the average room costs £230 per month, a difference of £129 per month. France is the second most expensive country for renters with an average room rent of £342 per month, followed by Italy, where rents are £282 per calendar month, 22% cheaper than in the UK.
