4 ms·

I should think the vast majority of twenty-somethings in London on £30k+ salaries are repaying student loans, so you'll be taking the 54% figure.

• dazbradbury 10y ago
  Of course - but I'm taking the top-end / maximum eligible rent, whereas the article is talking about averages, which are unlikely to be accurate in relation to what the majority of people are paying as a % of disposable.
  • UVB-76 10y ago
    You are assuming, of course, that landlords stick to conservative affordability limits and turn down willing tenants who fail the test, even by a small margin. I agree this dataset is not ideal for these sort of calculations, but the figures are supported by my anecdotal experience.
    • dazbradbury 10y ago
      I am not assuming - we reference more tenants than any other rental company in the UK and know how a reference decision impacts a tenancy going ahead (it has a massive impact). We also know how many landlords order references (again, nearly all). I kind of wish the data presented was more thorough, but that's probably because I'm too close to the industry - the headline is certainly catchy, and the comparison over time certainly more interesting, I just wanted give a heads up about the actual % figure not being representative.