Charlotte Ellis
Mar 22, 2017 · 1 min read

Living For rent is more expensive than to buy a home in eight of the ten largest cities in the UK. Currently, rents there cost an average 9.9 percent more than the mortgage payments. This is clear from analysis of Zoopla, which compared the prices announced for sale for two-bedroom apartments in the 50 largest cities in the UK. Mortgage payments are calculated at the rate of 5% per year. In some places, the price difference between rents and mortgages is very high. In York, for example, rents are 39% higher than mortgage payments. Average rents for two-bedroom apartments in the city are at the level of 978 pounds. In another 13 of the 50 city rents are more expensive than mortgages over 20%.

Even in London, where properties are most expensive, remains cheaper to buy than to live rent.…

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Charlotte Ellis

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Hello, I am a stay-at-home mom of three lovely daughters, I like cooking and culinary