Quarter of renters spending half their income on housing


Share on facebook
Share on Twitter
Share on Google+

YouGov survey shows how wages are the biggest cost every month.

The results showed that mortgaged homeowners are definitely in a stronger position than tenants when it comes to affordability, with 15% of mortgaged homeowners spending more than half their incomes on housing, compared to the 24% of private renters saying the same.

Almost half of mortgaged homeowners (44%) are spending up to 30% of their monthly income on housing, which is perfectly within the affordable range. However, just one in five private renters (20%) can say the same – or less than half the proportion of mortgaged homeowners.

Read more here


Share on facebook
Share on Twitter
Share on Google+

Subscribe To Our Newsletter