Plunging mortgage charges and house prices mean owning a home is cheaper than renting... by £1,400 a year | Mail Online
If you own your home you are now almost £1,400 a year better off than someone renting, a study revealed yesterday.
Recent mortgage deals mean you can typically pay £600 a month for a three-bedroom house – £116 cheaper than the average rent of £716.
By contrast, homeowners in 2008 paid an average of £928 a month, 29 per cent more than the then typical rent.
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