Tag: Impact of Rent Payments on Tenant Finances
![Renters are spending nearly 40% of their wages on rent](https://www.property118.com/wp-content/uploads/2023/07/Rents-rise-at-the-quickest-pace-since-2016-property118-250x250.jpg)
Renters are spending nearly 40% of their wages on rent
The average UK tenant is spending nearly 38.3% of their monthly income on rent which means many will be teetering on the edge of affordability,