Friday, October 09, 2009

Tenants would be better off buying property

Most tenants would be better off buying according to calculations released by the Abbey Bank.

The bank believes that by buying a property a tenant could save an average of £52 a month.

I would question their calculations as they don't seem to have factored in the costs of property maintenance or the loss in investment returns from the moneys required for the deposit.

Read the full article here


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