Income to rent ratio
We are about to rent a property in SE London. The person who is interested is earning £25K after tax, but the rental is £15K. The agent (of course!) thinks this is fine, but I can't see it is enough especially as she has two children to care for.
The agent seems to think there will be SS benefits too, but my guess is at that salary there won't be much.
What is the normal recommended income/rent ratio? Any other advice or opinions?
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