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If you are in London, the bad news is that you are unlikely to save money when paying a mortgage for 1 million beds in area 6.
You already know.
But maybe you don't know that you can buy cheaper things in 100 of the UK's cities-and you can save more than a month. Especially if you live in Scotland or northern England.
The bad news is that in places where the house is competitive, whether you rent a house or buy a house, your wallet will feel burned out.
In London, you can pay an extra £ 1,084 a month to buy instead of renting a two-bedroom house, and in 12 months, buying in London can cost £ 13,000 more than renting a house.
Reading, Cambridge, Bristol and Brighton are four other cities where renting is cheaper than buying a house.
To carry out this study, Zoopla studied the price and rent of two people
Bedroom property currently on the market, assuming this will be the typical firstTime buyers home.
They found that for a person who can raise a 10 cent deposit, the monthly purchase cost is usually cheaper than renting a house, assuming that the buyer will repay the mortgage within 25 years, set a fixed rate of 4 at the current average "best" interest rate on the market. 5 per cent.
Across the country on average, buyers who deposit 10 cents pay around £ 58 a month and £ 2 a month
Zoopla found that there were more properties in the bedroom than they rented.
Lawrence Hall, spokesman for zoomplaco.
The UK side said: "It would be better if they could make this leap and are willing to give up the flexibility brought about by renting houses, especially for tenants in the north, to purchase and repay mortgages on a monthly basis.
He said that although London and the southeast are cheap places for Ren Zhengfei . . . . . . Professionals are under increasing pressure on housing supply in this corner of the UK, and households and overseas investors mean that a foothold in these areas is only a costly effort, mortgage payments related to this are increasing to cover this gap.