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Does PIP count as income when renting?

Javens
Posts: 49 Forumite
I am looking at renting a 1 bedroom studio/flat for around £800-£850.
My take home pay is £1550 a month, so a letting agent is unlikely to rent to me with my salary alone.
I receive £550 per month PIP. Would a letting agent class this as income?
£1550 salary
£550 PIP
£2100 take home total a month, to rent a £800/month property, would a letting agent allow this?
Thanks
My take home pay is £1550 a month, so a letting agent is unlikely to rent to me with my salary alone.
I receive £550 per month PIP. Would a letting agent class this as income?
£1550 salary
£550 PIP
£2100 take home total a month, to rent a £800/month property, would a letting agent allow this?
Thanks
0
Comments
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is there a cheaper alternative? that's still half your income without PIP"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
£700-£800 for a studio and £800-£950 for a 1 bed seems to be about average around here. I'm on the outskirts of London, near Heathrow.
Worst case I will look into renting a room in a house share, but want to explore the possibility of a studio/small 1 bed first.0 -
Different letting agents have different policies.
Is there any way that you could get someone else to call the LA in question and ask the question hypothetically??0 -
PIP is supposed to go towards additional care/mobility needs, not towards the rent so really shouldn't be counted. If it is on this basis, than as a LL, I would question whether you are likely to continue being illegible and therefore wouldn't want it to be taken into account.0
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It's entirely up to landlord/agent to count what he wishes:
Frankly, any landlord who counts PiP doesn't understand what it is for, sorry.0 -
I would question whether you are likely to continue being illegible
OP said nothing about his handwriting....:)0 -
Thanks for all the responses, some fair points raised.
I have emailed a few local letting agents - one has replied so far stating it depends on the landlord, however usually they require a salary of 2.5x the annual rent, so £800 PCM rent requires £24k salary. They said regarding PIP that in general, they would accept it as income but depends on landlord.0
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