You calculate the rent that fits your income. The maximum rent is your gross monthly income divided by 4.5 for one tenant or by 5 for two tenants. Normally, there will be a security deposit of one month's rent.
Are you in salaried employment?
Your monthly salary is your gross salary excluding holiday pay, bonuses, or other variable remuneration. Your continued employment must be guaranteed for at least six months, with an intention to continue thereafter. The gross salary must be based on fixed working hours that are set out in an employment contract.
Are you an independent contractor/self-employed?
Divide your net pre-tax annual profits by twelve to derive your gross monthly income. Self-employed persons will normally have to provide a security deposit of three months' rent.
Are you retired?
To calculate your gross monthly income, take your available monthly income and add 30%.
If you have assets, then you may add 10% of the assets divided by twelve to your gross monthly income.
If you receive partner maintenance, you can add this to your gross monthly income.
(Child maintenance is not counted towards your gross monthly income.)
Will you be renting with your partner?
If you can demonstrate long-term cohabitation with your partner, you can rent as a couple, which means you can combine both your incomes for the purposes of calculating your maximum rent.
We do not rent housing to students, housing-sharers, or tenants sponsored by third parties.