Rent affordability calculator

Property Information


Apply for a buy to let mortgage

Please note that, depending on the area, average local rents may be a lower or higher proportion of average wages. This calculator is intended as a guide only, and should not be the main basis for your decision to let to a particular tenant or tenants.

The Buy to Let rent affordability calculator is to work out how affordable the rent you charge will be for your prospective tenant. This calculator is based on the notion that an 'affordable' rent should be about 35% or less of your tenant's take-home pay.

If you have more than one tenant, enter their combined wages into the field provided. (If you are renting to sharer tenants on separate tenancy agreements, work out each rent separately.) When you click ‘calculate’, you will be presented with an affordable monthly rent for your tenant or tenants.

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Buy to Let guide

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