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Monday, September 30, 2013

Buying is cheaper than renting

Buying a property is  ten per cent less per month than renting according to Halifax data. 

The Halifax worked report that the cost of purchasing a three-bedroom house in the UK would require £673 per month on a typical mortgage,  £72 less than the expected rent for the same property.

It should also be noted that Halifax is a company that profits from people buying and not renting property.

Lies, damned lies and statistics...




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