• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financehousing costs
Europe

London’s rent crisis is so bad some renters are paying by working as domestic servants

By
Helen Chandler-Wilde
Helen Chandler-Wilde
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Helen Chandler-Wilde
Helen Chandler-Wilde
and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 22, 2022, 5:59 AM ET
Residential housing is seen in front of skyscrapers in the city of London
London typical rents are up 18% year-on-yearChris J Ratcliffe/Getty Images

Johanna Lundström, 57, can’t afford to rent in London. When she moved to the capital for her music career in 2020, she realized that she did not have the roughly £1,000 ($1,190) or so a month needed to rent a room and pay utility bills. 

To afford a home, Lundström had to do something else — trade her time by working as a domestic helper. She moved in with a woman in south-west London and earns her keep by doing 15 hours of gardening and cleaning for her a week. 

“I couldn’t live in London without this,” said Lundström, who added that worrying about paying rent is now “a big stress that I don’t have to deal with.”

Lundström is one of a growing number of people who are pushed to barter their labor in return for a place to stay. She used an agency called Share and Care to find her home. Although she pays no rent, Lundström pays an ongoing £150 a month fee to the agency, which says it has seen a 50% increase in applications in the past few months.  

“It’s quite depressing to think about how desperate people are: they’re saying they just can’t find anywhere to live,” said Amanda Clarke, co-founder of Share and Care.

Clarke originally created the company to cater for younger people who couldn’t afford rent and older people who needed help around the home, but found that there was huge demand from people of all ages. She has since launched a second company called Helpful Housemates, which matches homeowners of all ages with lodgers who pay a small amount of rent as well as contributing five hours of work a week. 

The demand from cash-strapped potential lodgers has been huge, says Clarke. One day last week, she posted an ad for a room in north London in the late afternoon and by the next morning had received “hundreds” of applications. The current increase in demand is “very, very marked: you can’t not notice it,” she says. 

Clarke said that potential lodgers say that surging inflation is a major reason they are looking for alternative ways to live, particularly in London, where typical rents are up 18% year-on-year, according to SpareRoom. Renters are facing increased costs elsewhere too, with consumer prices rising 10.1% in the 12 months to September.

Even people in their 70s are requesting rent discounts in exchange for work, according to Andrea Frankenthal, founder of Hapipod, another company that matches homeowners and potential lodgers. She said her platform has had an estimated 30% increase in enquiries from potential lodgers in the past six months. 

“There are social workers and people in the NHS who just can’t make ends meet, and certainly can’t afford the rents that are being asked for at the moment,” she said. 

Under her program, lodgers pay up to £350 a month to rent a room in London, or £250 elsewhere, sometimes with an additional £50 on top for bills. They must also contribute eight hours of work a week to the household, which could include laundry, cooking, shopping or light cleaning.

The company makes money by offering a “connection package,” where you can sign up for £45 a month for their website to view potential housemate matches, plus a £20 registration fee. 

With bills rising, renting out a spare room is also welcome income for some homeowners. Jane McNamara, a 51-year-old English teacher, rents her spare bedroom in her flat in north London to a 31-year-old master’s student in return for £350 and 32 hours of work a month.

Her tenant walks her dog, feeds her cats when she’s out, and looks after her 13-year-old daughter when she goes out. She also helps with cleaning the kitchen and floors. 

“It’s very difficult to make ends meet at the minute and it’s so helpful to have a bit of extra cash,” said McNamara. 

Our new weekly Impact Report newsletter will examine how ESG news and trends are shaping the roles and responsibilities of today's executives—and how they can best navigate those challenges. Subscribe here.

About the Authors
By Helen Chandler-Wilde
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

CryptoBitcoin
Bitcoin faces $14 billion options expiry while Middle East turmoil mounts
By Sidhartha Shukla and BloombergMarch 26, 2026
2 hours ago
photo of glass building
CryptoCryptocurrency
Housing giant Fannie Mae to accept crypto-backed mortgages for the first time
By Carlos GarciaMarch 26, 2026
3 hours ago
AIData centers
Southeast Asia could become a booming data center market if its data centers can beat the heat
By Angelica AngMarch 26, 2026
3 hours ago
Jessica Thompson poses outside her home.
Future of Workgender issues
Today’s Equal Pay Day. Women and men still disagree about who has more economic opportunities
By Jacqueline MunisMarch 26, 2026
3 hours ago
startup team smiles in front of camera
CryptoCryptocurrency
Exclusive: Megapot raises $5 million to create a crypto-powered global lottery
By Carlos GarciaMarch 26, 2026
7 hours ago
gas
Economyunemployment
Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says
By Nick LichtenbergMarch 26, 2026
7 hours ago

Most Popular

C-Suite
'I didn’t want anybody shooting me': Five Guys CEO gave away $1.5 million bonus to employees over botched BOGO burger birthday celebration
By Fortune EditorsMarch 25, 2026
1 day ago
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
2 days ago
Environment
Vail Resorts CEO says it’s time to think beyond the $1,000 ski pass that helped build the empire
By Fortune EditorsMarch 26, 2026
17 hours ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
3 days ago
Success
JPMorgan’s Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
By Fortune EditorsMarch 25, 2026
1 day ago
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.