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More than half of UK first-time buyers paying more for mortgage than they did for rent

2 sources
Confirmed by 2
What the 2 sources said
The Guardian – UK
“More than half of UK first-time buyers paying more for mortgage than they did for rent”

Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran war A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found. Last month 56% of first-time buyers said their monthly mortgage bills exceeded their previous rent, the highest proportion in at least a decade, according to Hamptons. They paid £39 more on average. Continue reading...

Read at The Guardian – UK
The Guardian – World
“More than half of UK first-time buyers paying more for mortgage than they did for rent”

Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran war A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found. Last month 56% of first-time buyers said their monthly mortgage bills exceeded their previous rent, the highest proportion in at least a decade, according to Hamptons. They paid £39 more on average. Continue reading...

Read at The Guardian – World
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