What Is Co-Living?
Co-living accommodation is becoming more diverse in terms of product, positioning, and place. The typology in the UK is typically characterised by private studios with en-suites and kitchenettes in buildings with a comparably large square footage of amenity space. Residents secure contracts with all-inclusive monthly fees which includes use of the private studio and all amenities, and use of utilities and WiFi.
According to VervLife x Harris Associates BTR & Co-Living Report 2025, resident behaviour is shifting in ways that underline the growing maturity of the Co-living model. In 2023, just 35% of residents intended to stay for more than 12 months. By 2025 this has risen to 50%, signalling that Co-living is moving away from being short-term and towards a longer-term housing solution.
Why Do Residents Choose Co-Living?
37% liked all-inclusive monthly rents including utilities & wifi
23% chose the development for the amenity
21.5% liked the opportunity to meet new personal and professional connections
15% were attracted to on-site maintenance and service
79% of residents said they have made more social and professional connections since moving into a Co-living community
30% of residents were living with family prior to moving into a Co-living community, 20% were living in a House in Multiple Occupation / flatshare, and 10% moved direct from PBSA
