Before you start house hunting, work out how much you can afford each month.

 

The average monthly cost of rent is 35% of your regular wage remember to budget for amenities like gas, electricity and water, phone and internet connections, TV licence, council tax (if you’re not a student).

 

Remember to put enough aside for food, household items and any other regular outgoings. You may also need to pay a deposit, this is usually between one and two months' rent and will be held until the end of the tenancy. From 1 June 2019, your deposit should be no more than five weeks’ rent due to a change in the law.