Homeowners 'pay less than tenants'

Updated
housing
housing

Owning a home has become more than £100 a month cheaper than renting, with a widening gap emerging, research suggests.

Homeowners who have taken out recent deals typically pay £600 a month for a three-bedroom house, amounting to £116 or 16% less than the average of £716 paid a month for renting one, the Halifax found.

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