What percent of your household income is your rent or morgage ?

[Lardlizard]

Our is 11percent

Rent were currently paying is about 8%.
Mortgage for house were just starting to build is about 12%.

16% but we're hoping to start overpaying soon

Ummm I have 2 mortgages.

Our residential is 23% of our incomes (not counting rental income).

Second mortgage pays for itself with rental income but assuming there was no rental income....for both combined it would be 30%

I'm 31 husband 33.

About a third or quite a lot less if I get my full bonus from work (always have previously, probably won’t this year).

About 40%

More than 33%...income is 3100 a month, mortgage 1100...its a lovely house but all the maintenance and the jobs that need doing are crippling me. I'm on my own and I manage fine but a run of bad luck means my credit cards are up to about 3 grand alone.. I've still got 23 years to go on it and can't imagine overpaying.. Just have nothing left.
Thing is, I could buy a smaller house once we can sell in 2 years but I still need a 3 bed, I need parking and I'm looking at a mortgage of at least 200k then, even with equity from here, I'll still be paying at least 25% of my wages, even when I go full time and stop paying childcare, in 7 years..
I'm just not thinking about it, trying to patch it up and finish the cosmetic jobs as much as possible and keeping my fingers crossed the heating doesn't pack in and my car manages another Mot.. 😬🙏

28% - renting a lovely HA house in a dodgy area in an expensive, quite wealthy town in the Southwest - am 49yrs old, work full time and am financially independent - 2 exes who have never paid any maintenance - would never live with or expect anything from the male species - EVER 😶

New house will be 20%.
Just now it’s only 12%.

We are a couple in our 30s, both working full time and reting a flat in London.
Combined monthly net income varies between 3.2K and 4k Rent is £1300 so between 32%and 40%.

Less than 10%

Currently 9%, moving to one which will be 16% next week. That's at the limits of comfort for me.

1. Paid off 25-year mortgage. Live in London. Early 50s.

@Gardenista thank you! Often people don't respond on these sorts of threads haha. I'm not fussed about being the sole person paying - I've not yet met anyone who's made life easier to live together (I've got time, mid twenties) - but I am pretty shocked at the most common answers here being 10% lower or more than mine. Oh well, I guess this really shows these threads don't show individual circumstances whatsoever!

It very much depends on when you bought property and where and how much cash you had behind you when you did so! Apples and oranges.

We bought in London in 2012 it is currently about 30%. Used to be lower as a proportion but I returned to work part time.

Consider ourselves v lucky to have been able to buy in London at all tbh.

18% but I overpay while I can afford to so it's currently about 22%. I'm in my 40s with a little over 15 years left on my mortgage term.

Mine is 50% at the minute due to loss of hours. I'm trying so hard to find other work but I live in the sticks.

I'm trying to decide if I should pay my council tax or electric this month because I cannot afford both

We're in our 30s and it's 13%

About 20% of joint take home pay.

We're in our 50s and have about 4 years to go!

Our mortgage is around 1/3 of our net income. I'm 25, Home Counties.

16% of regular take home before bonus, overtime or dividends. We like to overpay up to 26% in order to reduce our term down to 9 years remaining (from the current 15 years), 58% LTV. We’re 32 and 34.

0% as I have paid off my mortgage.
Whilst repaying it was 5%.

70

18.5%. Both mid 40’s. Both on average incomes.

We live in a nice area but nowhere near London which definitely helps.

24% but overpaying at 38%

0% since I was 40
Very fortunate to got on the property ladder in the 90s buying to the max of our salaries, then worked hard on our careers and the reward meant we could overpay.
If I look at the average rent here for a house our size it would be around 10% of our take home