Rent to become cheaper than mortgage for first time in 14 YEARS - This is Money

4/5/2022 12:00:00 AM3 yearsago
by Helen Crane
by Helen Crane
Increasing house prices and rising interest rates will push the typical mortgage payment past £1,000 in early 2023, according to analysts at Capital Economics.
The cost of renting is set to become cheaper than that of a mortgage for the first time in 14 years which could signal 'trouble ahead' for the housing market, according to new analysis. The average … [+4104 chars]
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