Pay vs Place

Where can you afford to live on £25,000?

On £25,000 a year before tax, a typical lender would lend enough for a home costing up to about £125,000, and you could rent up to about £729 a month while keeping rent to 35% of income.

Areas you could buy in
0 of 316
where the typical home sold costs £125,000 or less (0%)
Areas you could rent in
34 of 316
where the average rent is £729 a month or less (11%)

What the numbers say

On £25,000, no area has a typical home price within a standard lender's limit, assuming a 10% deposit and borrowing of 4.5 times income.

For renting, 34 of 316 areas have an average rent within £729 a month, which is 11%. Rent is easier to meet than a mortgage test in most places, because it does not need a deposit.

Change the numbers in the calculator to add your deposit, pick a type of home, or filter by region and crime.

Estimates using the typical price or rent for each whole local authority area, not a particular street or town. Buying assumes a lender willing to lend 4.5 times income and a deposit of at least 10%. Renting assumes rent of up to 35% of gross income. Real lending and rents depend on your circumstances. This is not financial advice.

Other salaries