Rent Affordability Calculator
News at Holden & Prescott | 15/03/2018
If you are interested in our rental properties, something to keep in mind to help you through the referencing process is your affordability of the rent for the property in question. The below table is a breakdown of what the minimum salary our referencing company asks for each brackets of rent.
| Monthly Rent | Applicant Minimum Salary | Guarantor Minimum Salary |
|---|---|---|
| £250 | £7,500 | £9,000 |
| £300 | £9,000 | £10,800 |
| £350 | £10,500 | £12,600 |
| £400 | £12,000 | £14,400 |
| £450 | £13,500 | £16,200 |
| £500 | £15,000 | £18,000 |
| £550 | £16,500 | £19,800 |
| £600 | £18,000 | £21,600 |
| £650 | £19,500 | £23,400 |
| £700 | £21,000 | £25,200 |
| £750 | £22,500 | £27,000 |
| £800 | £24,000 | £28,800 |
| £850 | £25,500 | £30,600 |
| £900 | £27,000 | £32,400 |
| £950 | £28,500 | £34,200 |
| £1,000 | £30,000 | £36,000 |
| £1,050 | £31,500 | £37,800 |
| £1,100 | £33,000 | £39,000 |
| £1,150 | £34,500 | £41,400 |
| £1,200 | £36,000 | £43,200 |
| £1,250 | £37,500 | £45,000 |
| £1,300 | £39,000 | £46,800 |
| £1,400 | £42,000 | £50,400 |
| £1,450 | £43,500 | £52,200 |
| £1,500 | £45,000 | £54,000 |