{"id":135208,"date":"2023-03-15T07:01:03","date_gmt":"2023-03-15T00:01:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates\/"},"modified":"2023-03-15T07:29:43","modified_gmt":"2023-03-15T00:29:43","slug":"uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates\/","title":{"rendered":"UK homeowners still better off than renters despite spike in interest rates"},"content":{"rendered":"<p>&#013;<br \/>\nAverage monthly cost of owning 3-bed home is \u00a3500 a year less than renting, but the gap is narrowingHomeowners in the UK are nearly \u00a3500 better off a year than renters, according to new research from Halifax.The average monthly cost of owning a three-bed home for first-time buyers is now \u00a3971, which is \u00a342 lower than the average cost of renting an equivalent property, the mortgage lender said. Renters pay on average \u00a31,013 each month \u2013 4% more. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/mar\/15\/uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates\" target=\"_blank\" rel=\"noopener\">UK homeowners still better off than renters despite spike in interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average monthly cost of owning 3-bed home is \u00a3500 a year less than renting, but&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-135208","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zaM","jetpack-related-posts":[{"id":4680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities\/","url_meta":{"origin":135208,"position":0},"title":"Homebuyers pay less than renters in a third of UK towns and cities","date":"October 9, 2015","format":false,"excerpt":"\r Paying off a typical 90% mortgage is cheaper in 36% of cities but in London monthly repayments on loans can be 50% more than rentingBuying a home is cheaper than renting the same property in a third of Britain\u2019s towns and cities \u2013 all of them outside the south\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-renters-how-have-soaring-prices-and-a-lack-of-supply-affected-you\/","url_meta":{"origin":135208,"position":1},"title":"UK renters: how have soaring prices and a lack of supply affected you?","date":"June 1, 2022","format":false,"excerpt":"\r We want to hear about your recent experiences of trying to find a house or flat to rent in an overheated marketIt\u2019s no secret that more people are renting, with millions locked out of home ownership in the UK and a recent property market boom ensuring first-time buyers have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renters-protest-against-rampant-profiteering-outside-landlords-convention\/","url_meta":{"origin":135208,"position":2},"title":"Renters protest against \u2018rampant profiteering\u2019 outside landlords\u2019 convention","date":"July 5, 2023","format":false,"excerpt":"\r Tenants demand rent freeze at National Landlord Investment Show in London as average monthly UK rents soarTenants facing soaring rents staged a protest against \u201crampant profiteering\u201d outside a landlord convention in London where investors were told how to \u201cbuild a \u00a325m property portfolio, using none of your own money\u201d.Dozens\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/","url_meta":{"origin":135208,"position":3},"title":"Deposit-free renting sounds good \u2013 or could tenants lose out?","date":"June 10, 2017","format":false,"excerpt":"\r New plans aim to ease the burden of having to find an average \u00a3967. But they come with a warningDeposits can be the bane of tenants\u2019 lives. Not only do renters have to fork out hundreds of pounds in letting agent fees, but they usually have to stump up\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-renters-twice-as-likely-as-homeowners-to-have-anxiety-uk-study-suggests\/","url_meta":{"origin":135208,"position":4},"title":"Private renters twice as likely as homeowners to have anxiety, UK study suggests","date":"November 10, 2022","format":false,"excerpt":"\r Anxiety Nation report finds clear links between financial insecurity and poor mental healthPrivate renters are twice as likely as homeowners to suffer symptoms of anxiety, according to research that finds clear evidence of the links between financial insecurity and poor mental health.In a report called Anxiety Nation, researchers from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-costs-rise-41-over-five-years-for-renters-and-owners-study-shows\/","url_meta":{"origin":135208,"position":5},"title":"UK housing costs rise 41% over five years for renters and owners, study shows","date":"March 16, 2026","format":false,"excerpt":"\r Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise UK households spent a record \u00a3226bn to keep a roof over their heads last year, figures showed on Monday, with mortgage borrowers finishing fixed-rate deals particularly hard hit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135208"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=135208"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}