MortgagesMar 28 2024

Renting cheaper than buying first home in majority of UK

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Renting cheaper than buying first home in majority of UK
The monthly cost of owning a first home compared to the equivalent rental cost was higher in nine out of the 12 UK regions (Photo: Kindel Media/Pexels)

Renting a place to live is now cheaper than owning a first home in nearly all UK regions, research from Halifax has revealed.

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