Hey!
I can share the various experiences that I have had for vacation schemes, as it does differ depending on the firm (so I would ask the graduate recruitment team!).
- Stephenson Harwood: they arranged and paid for accommodation in a hotel for anyone that didn't live in London (myself included!) which was really handy!
- Farrer & Co: they contributed towards the cost of the accommodation, and offered suggestions for accommodation that previous vacation scheme students had used.
- Travers Smith: whilst they didn't contribute to the cost directly, they provided a list of previous accommodation that vacation scheme students had used. However, they did pay the most for the scheme itself, so it was around the same overall!
For the vacation schemes where I had to arrange it myself, I stayed in student accommodation that you can rent for a few weeks over the summer - I would really recommend as I found these really affordable and close enough to everything!