Renting in the UK has become a little silly too. Not the idea of it but the faff and KYC linked with it especially if you’re between jobs - some asking for proof of 6 x the yearly rental in savings. For a £1000 monthly rent that’s proof of £72k in savings. Madness.
Discussion
A family friend needed to rent a home for herself and 3 kids, for an unimpressive 4 bedroom home in the south London suburbs. She could afford it easily having sold her house and sitting on a large pile of cash, but she required a combined income of £120K / year to pass the automatic rental checking system the landlord used.
My wife, being a normie with a good job had to act as guarantor meaning she was credit checked, which included her getting a letter from her NHS employer, the CEO of the trust, to confirm her salary and long service.
