MoneySaving Poll: How much of your income do you spend on your rent/mortgage?

G6JPG

As usual, there's no category for park home owners, who (usually) own the building, but not the ground it stands on, so pay "ground rent". Which, in my case, comes in the 10-19% tranche.
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What's a park home? A home on a park ... what most people still refer to by the 30+-year-out-of-date term "mobile home", or even worse a caravan, which it isn't: mine looks like a chalet bungalow, and is connected to mains electricity, water, sewage, telephone, and even gas. (No way is it "mobile"; it has a brick skirt.) I even have a garage.

freyasmum

My rent is 9.5% of my annual income.

It would be less with a mortgage, until I was overpaying - which I would do!

TBagpuss

I'm self employed and my income varies. Currently using 25% of net drawings, but that includes overpaying the mortgage, and I wouldexpect to have some retained profit at the end of the year, so as a % of actual income over the year it should be lower.
In the last financial year my mortgage accounted for about 15% of my gross income.