Monkey Posted March 30, 2011 Share Posted March 30, 2011 we are just about to rent our first place, the rent is high, but not too high, the house is perfect for us. the rent alone works out to be 32-35% of our joint wage, will all bills on top. we can afford it, but would you say that the penctage of our take home wage is ok? boh our jobs are as stable as they can be at the mo, we have been working for our companies for a long time, and if one of us was made redundant our redundancy pay (either of us) would cover our share of the rent and bills for about 6 months Quote Link to comment Share on other sites More sharing options...
MattW Posted March 30, 2011 Share Posted March 30, 2011 Yes I think rent @ around a third of your (joint) income is about the right proportion. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted March 30, 2011 Share Posted March 30, 2011 Yes I think rent @ around a third of your (joint) income is about the right proportion. If you live in London/SE and earn less than £30k, that's your lot I'm afraid. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted March 31, 2011 Share Posted March 31, 2011 we are just about to rent our first place, the rent is high, but not too high, the house is perfect for us. the rent alone works out to be 32-35% of our joint wage, will all bills on top. we can afford it, but would you say that the penctage of our take home wage is ok? boh our jobs are as stable as they can be at the mo, we have been working for our companies for a long time, and if one of us was made redundant our redundancy pay (either of us) would cover our share of the rent and bills for about 6 months Lucky you! That's round about the (international) norm. When I was first renting in the open market, the rent was around double that (for - basically - a slum). Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.