Tenants need to earn £43k to afford average rent despite 2% dip

Tenants need to earn £43k to afford average rent despite 2% dip

Average monthly rents across the UK are down by 2% year on year to £1,438, but tenants would still need a salary of £43,130 to pass affordability checks, new research shows. The latest rental price and average salary tracker from Propertymark for February reveals significant…

The post Tenants need to earn £43k to afford average rent despite 2% dip appeared first on Mortgage Strategy.

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