Rents are now cheaper than mortgages

Under the heading ‘Rents are now cheaper than mortgages so should first-time buyers hold off?’ This is Money are looking at the case for first time buyers to continue renting, rather than buying.

It can be seen here, and shows the following graphic to show the difference:

Regional differences: For a like-to-like home, a renter would find it cheaper to buy than rent in six UK regions and countries, according to Zoopla

 

 

 

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