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Wales Online
Wales Online
Neil Shaw

Households now spend up to 64% of income on rent and bills

The average privately renting household spent 42% of their post-tax income, equating to around £13,560, on rent last year, according to analysis by an estate and letting agent.

Hamptons said this was the highest proportion of income going on rent typically since its records started in 2010.

With household bills added, the average tenant household spent 52% of their post-tax income on bills including gas, electricity, council tax, broadband and TV licences and rent last year, Hamptons estimates, adding up to £16,910 typically.

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