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Do I earn enough to rent a house?

I earn around £14,000 a year and have a contracted full time job. I’m looking to rent a 2 bedroom house, what are the possibilities of me getting it?

Asked on Mar 22 2018, Home Finance in Corby | Report content

Answers (1)

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  • Hello Pati, it would really depend on where you're looking to rent. As a general benchmark, a third of your take-home salary should be able to cover the rent. So let's say your net salary is £12,800 or £1,067 per month - a rent of around £355 would be deemed affordable.

    Answered on Mar 23 2018, Report content

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