Finding it hard renting a house? It's cheaper to buy in four out of five British cities | Mail Online
Low interest rates and house price falls have made it cheaper to buy a home than to rent one in four out of five British cities, research indicated today.
The cost of renting a typical first-time buyer property is 9.7 per cent more than buying a similar home, based on an interest-only mortgage charging a rate of five per cent, according to property website Zoopla.co.uk.
Milton Keynes is the most expensive town in which to rent a home rather than buy one, with a two-bedroom home costing 43 per cent .....
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