When renting property, landlords and letting agents will ask to see proof of your income to calculate whether you can afford to rent their property. Most landlords/letting agents require that you are earning 2.5x the monthly rent.
To calculate how much rent you can afford, you first need to calculate your total income. Most letting agents and landlords, will take into account income from the following sources when working out how much rent you can afford:
Income from employment
Income from self employment
Income from benefits
Income from investments
Then, enter the total into our rent affordability calculator below, selecting whether you wish to enter your monthly or yearly total income.
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