Affordability
Our reference agency HOMELET consider that you will need to be earning a gross income of at least 2.5 times the rental figure (3 times for a guarantor), below is a simple calculator for easy reference.
| Rental (£ pcm) |
Your annual income (£) |
| 300 |
9,000 |
| 400 |
12,000 |
| 500 |
15,000 |
| 600 |
18,000 |
| 700 |
21,000 |
| 800 |
24,000 |
|
| Rental (£ pcm) |
Your annual income (£) |
| 900 |
27,000 |
| 1,000 |
30,000 |
| 1,100 |
33,000 |
| 1,200 |
36,000 |
| 1,300 |
39,000 |
| 1,400 |
42,000 |
|
Tenancy Application Process
After an internal viewing should you wish to apply for a property then please ask for an application form for each applicant over 18 years of age. The completed form(s) should be returned to our office and the required application fee(s) paid.
