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...




Landlord insurance - professional rates

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1 comment:

  1. Buying a home is often cheaper than renting in the long run due to building equity and stable mortgage payments, whereas rent can increase annually. Ownership also offers tax benefits and investment potential, enhancing financial stability over time. Kattenspeelgoed

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