UK Renting Becomes Cheaper Than Buying
Average monthly rent across Britain is currently £1,547, which is £123 lower than the average new monthly mortgage payment of £1,670. This shift follows a rise in mortgage rates since the Iran war. The data was provided by Rightmove.
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Developing
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Sources · 7 independent
LBC London
“the average advertised monthly rent across Britain is currently £1,547. That's £123 lower than the average new monthly mortgage payment of £1,670.”
talkRADIO
“A new figure suggests it's become cheaper to rent a home.”
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