Is buying a home cheaper than renting?
A new report says the average cost of paying off a mortgage is now £120 a month cheaper than paying rent. But is it that simple?
A combination of plummeting mortgage costs and soaring monthly rents has meant that buying a home is now on average £120 cheaper than renting across the UK – and the gap has widened in the last year.%VIRTUAL-SkimlinksPromo%