British Rents Fall Below Mortgage Costs
New figures from Rightmove suggest it is currently cheaper to rent a home in Britain than to buy. This shift follows a rise in mortgage rates since the start of the Iran War. The average advertised monthly rent across Britain is currently £1,547.
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Developing
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Sources · 7 independent
LBC London
“New figures suggest it's become cheaper to rent a home in Britain than to buy, following a rise in mortgage rates since the Iran War.”
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