Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
£75k Income Claimed as Threshold for London Renters
According to a report by Landlord Today, Propertymark, the letting agents’ trade body, claims that tenants need a £75,000 income to rent in London.
The article highlights this figure as a claim made by Propertymark. No further details or supporting data are provided in the source.
This information may be relevant for letting agents and inventory clerks monitoring affordability trends in the London rental market.
Source: Landlord Today