Buying cheaper than renting - study

Press Association

%VIRTUAL-SkimlinksPromo%

To let signs
To let signs

Home buyers are almost £900 better off a year than those who rent - but an upturn in house prices means the gap has narrowed in recent months, a report has found.

Research by Halifax found that people buying a three-bedroom house face typical costs of £672 a month, which is £73 less than the average £745 a month cost of renting.