Areas cheaper to buy than rent

An interesting article outlining the areas across the UK where it is cheaper to buy a property than to rent.

According to research by Zoopla it is still cheaper to buy a home than renting in 74% of locations around the UK .

With average monthly mortgage repayments typically 8% lower than the cost of renting the majority of the UK.

The areas that the research show as been cheaper to rent than buying are Huddersfield , Oldham, Brighton, Swansea, Bournemouth, Bristol, Cardiff, Plymouth, Stockport and Edinburgh.

Most of these are university towns and maybe are the areas that landlords should steer clear of investing in at this time according to Citywire.

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