What are your income and affordability requirements?

Our standard affordability requirement is that your combined annual household income must be at least 2.5 times the annual rent. This means the rent is no more than 40% of your annual household income.

For example, if an apartment costs £1,500 per month, the annual rent is £18,000, so you need a combined annual household income of at least £45,000. The same calculation applies to euro-priced apartments in Dublin.

We can assess documented income from employment, self-employment, pensions, benefits & other regular sources. For joint applications, we combine eligible income from the proposed tenants.

How to prepare

• Check the monthly rent in the apartment listing.
• Multiply the monthly rent by 12, then by 2.5, to find the minimum annual household income.
• Have payslips, accounts, pension statements or other income evidence ready.
• Include the income details of anyone applying jointly with you.

Savings may support an application, but do not automatically replace the tenant income threshold. If you do not meet the requirement, we may consider an eligible UK-based guarantor who has a UK bank account & meets our financial criteria.

Browse our build-to-rent apartments to find a home that suits your budget.