8th January 2025
Some tenants spend 80% of take-home pay on rent – claim
The average UK tenant paid around £10,000 rent in 2024, with the figure as high as £15,000 in London. That’s according to tenant and landlord services provider Canopy which claims this suggests 11% of renters spent over 60% of their take-home pay on accommodation. The index analyses data from over 60,000 renters, measuring average...
