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Flatting is a slang term used to describe a living arrangement whereby a house or apartment - a "flat" is let out to a group of people. The people who rent the flat are referred to as "flatmates".

Flatting is the dominant living arrangement for university students and young people who no longer wish to live at home. Some people prefer to flat with friends from high school or work, others prefer to flat with acquaintances and others will quite willingly go in with "randoms" - people they've never met before.

Flatmates will sometimes pay more or less money depending on the quality of their room - the better the room the higher the price. In some cases, a flat will have a "gimp room" which is smaller/damper/grosser than the other rooms of the house and will be let out at a reduced rate due to its inadequacies.
"Im off flatting with a few of me mates"
Flatting by Lord Lethris April 1, 2007
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Term to describe the voyeuyristic practice of watching couples have sex in public car parks, which pre-dated the term 'dogging'.

Source : veteran doggers in East Midlands, origin unknown
"Ehhh just been flatting some couple down at piss-corner in the bottoms until some idiot boy racer scared em off"
Flatting by bogsnorkeller January 31, 2023
Related Words

Flatting out

To ‘flat out’ is to become so bowled over by a car’s looks, abilities, noise or general awesomeness that nothing short of passing out next to it can convey your feelings for said automobile.
Flatting out by crank&piston December 26, 2011

Fatting out 

Being lazy and doing nothing, but enjoying the fact that you are -in fact- doing nothing; probably getting fatter because of it too.
"we are just fatting out tonight; watching a movie on DVD and eating some pizza. doing nothing but let it all fat out."
Fatting out by Slothy McSloth June 29, 2008

Fratting 

As much a state of mind as an action: unambiguously displaying confidence, intelligence, wealth, style and class while maintaining a positive, lackadaisical, attitude. One who truly fratts hard never forgets the value of having a good time or the responsibilities to which he is obligated.
Fratting includes but is not limited to, golfing, drinking, deep sea fishing, boating, sitting in the sun while at a pool or beach and finally denouncing guidos by any and every means necessary.
Fratting by RedButtons December 25, 2009
when your pants (normally on a boy) are a little too short at the bottom, and your ankles and socks show.
+joe walks in with pants 5 inches too short+
Shaniqua: DAYYUUMM JOE BE FLUTTING!
flutting by soph-a-loaf January 2, 2009

flitting 

Friend: Why weren't you in maths?
Me: I was flitting
flitting by rain_in_spain June 5, 2022