If you are employed, you will need to show a total annual income of at least 30 times the monthly rent. For example if the monthly rent is £900 you need to earn £27,000, to pass. You will need to provide contact details at your place of work to enable your company to confirm your salary.
Self Employed Income: If you are self-employed for less than 1 year, you will need a Guarantor who will be required to pay for the tenancy in advance. If self-employed for more than 2 years you will need either an accountant to confirm your income (accountants reference) or complete an SA302 (Self Assessment) form.
Savings Income: We are able to take savings income into account. However you must have a saved amount that is equal to 36 times the monthly rent that has been in your account for at least 6 months. If you are unable to prove income then we may ask for advance payment of rent or a Guarantor. Your Guarantor will need to prove an income of 42 times the monthly rent. If your Guarantor is not UK based then they must be in full time employment.
"My experience of renting a property with D&S showed the care and attention taken in chasing me up after viewing and the hassle-free build up in getting the ball rolling made us feel like we were the people they wanted to have the rental. They gave us the time we needed to make choices and get things in order which made the move a lot less stressful - I mean who needs more stress while moving house! A personal and professional service by the ladies at D&S lettings made us want the property even more."