UK First-Time Buyers Face Mortgages Costing More Than Rent
Hamptons estate agency reports that 56% of first-time UK buyers who purchased last month now pay more on their monthly mortgage than they previously paid in rent, the highest share in at least a decade, as mortgage rates have risen since the start of the Iran war.
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| Oct 19, 2:10 AM | theguardian.com | More than half of UK first-time buyers paying more for mortgage than they did for rent |
| Oct 18, 4:01 PM | bloomberg.com | First-Time UK Homeowners Are Facing Mortgage Payments That Cost More Than Rent |