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Tag: East Midlands

With mortgage costs so high in the UK, renting is now cheaper than owning

Posted on | Posted on Jasper | Leave a Comment on With mortgage costs so high in the UK, renting is now cheaper than owning
With mortgage costs so high in the UK, renting is now cheaper than owning

Due to high mortgage costs, the monthly cost for a first-time home buyer is currently £1,231. (Maureen McLean) First-time buyers may be better off waiting, as rent in certain parts of the UK can be as much as £2,000 a year cheaper due to high mortgage costs. Compared to first-time buyers, renters in the East […]