MSE Poll: What proportion of your income is spent on your mortgage/rent?

Poll started 16 March 2021

Take what you pay on your mortgage or rent (include any service charges or ground rent but NOT council tax, insurance or other bills) and work out roughly what percentage of your monthly take-home pay/income (including benefits) it is.

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Comments

  • 203846930
    203846930 Posts: 4,708
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    Still none.
  • fuzzynavel
    fuzzynavel Posts: 28
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    Poll results not loading at all...
    We used to pay around 25% of income to our mortgage but now it is less than 1/6th despite upping the payments. This is due to changes in earnings over the last 5 years or so.
  • molerat
    molerat Posts: 31,551
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    Poll results not loading at all...
    I am rarely able to see the poll results until it has closed.

  • MSE_Petar
    MSE_Petar Posts: 325
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    MSE Staff
    Poll results not loading at all...
    Hi there. Apologies for this – it was due to a technical problem with the third-party provider we use for the poll, which has now been fixed. If you give it another try you should be able to see the results. :smile:
  • aliphil
    aliphil Posts: 18
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    I couldn't complete the whole poll as none of the options in the second question apply to me. You forgot that some families have accommodation provided as part of a job.
  • Due to a reduction of income because of Covid my mortgage currently costs me 35% of my net. Before Covid my contractual mortgage payment was 8% of my net, however with overpayments that was around 20%.
  • Completed and interesting seeing the results.
  • TLX
    TLX Posts: 1
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    Couldnt see results until survey ended. My salary just about covers my rent. I work in hospitality so on furlough at 80% of salary and privately rent,  trying to move to a smaller cheaper property is impossible as nothing is available. My landlord did give me a reduced rate for a few months but am having to pay it back in installments on top of an already high rent. No help given to renters the delayed eviction and the 'speak to ur landlord' advice not really much help. I am just getting further in debt with no help available :(
  • static266
    static266 Posts: 16
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    TLX said:
    Couldnt see results until survey ended. My salary just about covers my rent. I work in hospitality so on furlough at 80% of salary and privately rent,  trying to move to a smaller cheaper property is impossible as nothing is available. My landlord did give me a reduced rate for a few months but am having to pay it back in installments on top of an already high rent. No help given to renters the delayed eviction and the 'speak to ur landlord' advice not really much help. I am just getting further in debt with no help available :(
    That is insane, sorry to hear. I’m guessing you’re including household bills and council tax in that figure too? Can you get another job temporarily for a couple of months before you go back to your main job?
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