{"id":4680,"date":"2015-10-09T06:01:04","date_gmt":"2015-10-08T23:01:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities\/"},"modified":"2016-02-13T15:45:47","modified_gmt":"2016-02-13T08:45:47","slug":"homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities\/","title":{"rendered":"Homebuyers pay less than renters in a third of UK towns and cities"},"content":{"rendered":"


\nPaying 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 of England \u2013 according to new figures.Property website Zoopla said servicing a 90% mortgage on a typical two-bedroom home costs an average \u00a3724 a month across Britain, while renting comes in at \u00a3666. Around the country, however, there are big differences in the relative cost of being a homeowner and a tenant \u2013 paying off a mortgage works out cheaper in 36% of cities. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Homebuyers pay less than renters in a third of UK towns and cities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Paying off a typical 90% mortgage is cheaper in 36% of cities but in London...<\/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-4680","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\/p75ss1-1du","jetpack-related-posts":[{"id":6300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-flatsharing-in-uks-priciest-towns-rises-by-30-in-three-years\/","url_meta":{"origin":4680,"position":0},"title":"Cost of flatsharing in UK's priciest towns rises by 30% in three years","date":"October 2, 2015","format":false,"excerpt":"\r Tenants in five locations now pay more than \u00a3500 a month for a room, say figures from flatsharing websiteThe cost of flatsharing in some of the UK\u2019s most expensive towns and cities has soared by nearly 30% in the past three years, with tenants in five cities now paying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-cheaper-but-longer-mortgage-worth-it-to-get-on-the-ladder\/","url_meta":{"origin":4680,"position":1},"title":"Is a cheaper but longer mortgage worth it to get on the ladder?","date":"April 28, 2019","format":false,"excerpt":"\r The rapid extension of mortgage terms from 25 to 40 years means different things for different peopleAs the cost of buying a property continues to exceed the budgets of many homebuyers, the prospect of paying less \u2013 but for much, much longer than previous generations \u2013 has emerged.Recent research\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates\/","url_meta":{"origin":4680,"position":2},"title":"UK homeowners still better off than renters despite spike in interest rates","date":"March 15, 2023","format":false,"excerpt":"\r Average 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increase-in-hong-kong-mortgage-rate-will-make-renting-cheaper-in-seven-out-of-10-housing-estates\/","url_meta":{"origin":4680,"position":3},"title":"Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates","date":"January 10, 2018","format":false,"excerpt":"\r Seven out of 10 housing estates might find buyers discouraged as renting will become cheaper than mortgage payments when the mortgage rate increases to 3 per cent, which might also finally cool housing prices in the world\u2019s least affordable urban centre to live in, according to research conducted exclusively\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-volume-stuck-for-second-straight-week-but-jumbo-loans-get-cheaper\/","url_meta":{"origin":4680,"position":4},"title":"Mortgage volume stuck for second straight week, but jumbo loans get cheaper","date":"August 23, 2017","format":false,"excerpt":"\r Both homeowners and homebuyers seem unimpressed by the lowest mortgage interest rates of the year.\r \r Source : cnbc.com\r Read more...Mortgage volume stuck for second straight week, but jumbo loans get cheaper","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-shoot-up-in-uk-towns-as-race-for-space-continues-apace\/","url_meta":{"origin":4680,"position":5},"title":"House prices shoot up in UK towns as \u2018race for space\u2019 continues apace","date":"December 30, 2021","format":false,"excerpt":"\r Taunton, Somerset, records biggest average price hike as homeworking buyers spend lockdown savingsThe \u201crace for space\u201d between homebuyers has pushed up prices in some UK towns by about a fifth this year, with Taunton topping a list of areas with the biggest increases.The average price paid for a property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4680"}],"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=4680"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}