Sharing Bills with Housemates: How to Manage
No-one likes chasing other folk up for money they owe – especially when these individuals happen to be your housemates. It’s embarrassing for both sides and can lead to resentments and fall-outs.
For many shared households though, that just happens to be the reality. But it doesn’t have to be. Not, that is, if you take a look at some of the apps and special online services you can sign up to these days that will make dividing and paying bills easier.
We shed some light on sharing bills with housemates.
How to split bills with housemates
Due to the difficulties many housemates face when managing bills, there are now many systems in place to make this process easier.
Apps and online programmes
Split the Bills is an online service which doesn’t just divide the monthly bills between householders, but evens them out throughout the year so that you don’t end up paying more for heating over the winter months.
The service also helps arrange utilities, broadband and other household services for you, saving one of you having to spend ages ringing round for the best cost providers.
Huddle sets up utilities and combines household bills into one monthly payment for each housemate. Registered users can access their online account where they can manage and track bills. Pricing depends on the property, region and package chosen.
Glide is a UK-based utility provider which brings together a household’s broadband, gas, electricity, water and TV Licence bills into the one monthly online payment.
Splitwise allows you to keep a running total of what flatmates owe you (and vice versa). It allows you to cancel out payments with each other and record cash or digital payments. Splitwise is still available as a free tool, with extra features available through Splitwise Pro.
Joint accounts
Of course, not everyone wants to use an app or online programme to pay their bills (some do charge for their services, after all) and if this is you – or one of your flatmates – there are still plenty of other ways to make sharing the bills easier in your household.
You could, for instance, make everyone responsible for collecting money for, then paying, one particular bill. That way no one person ends up doing all the bill management.
Another way to manage shared bills is to open up a joint account which all housemates pay a standing order into every month.
However, it’s worth noting that setting up a joint account does entail quite a bit of organising initially though as everyone named on the account will be required to be present at the bank with the relevant ID to open the account.
Another drawback of a joint account is that there usually has to be a ‘lead’ account holder. If it’s you, you’ll be responsible for bills not being paid, if money goes missing or if the account gets over-drawn.
Being the ‘lead’ account holder means you can withdraw money without the signature of the others. That’s why it’s a good idea to try and find an account where everyone has to authorise payments.
Staying on top of shared bills
It’s important to manage shared bills efficiently.
A joint account could affect your future credit score. Opening a joint bank account can create a financial association on your credit file, which lenders may consider when you apply for credit in future. Financial association with other account holders who may have a poor credit history could inadvertently affect you.
If the account goes into debt then all the account holders will be held responsible, meaning everyone’s future credit rating or credit applications could be affected – this will apply even if it’s just one individual that continually fails to pay in.
If a housemate gets behind with all the bills, you can always freeze the account by cancelling the mandate. You can then sit down and work out what to do next.
Keeping your bills down
There’s a reason why online and TV adverts, as well as consumer experts, continually urge you to switch utility suppliers. This is because doing so really can save you quite a bit of money – especially if you’re in a large shared household where there’s a lot of usage.
If you are named on the bill or directly responsible for paying the supplier, compare tariffs and suppliers regularly. If the bills are included in your rent or your landlord is responsible for the supplier account, ask how the costs are calculated and whether any fair usage terms apply.
Last Updated: June 30th, 2026
