Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
Buying a home with a mortgage in some major British cities could be cheaper than renting, even for those with a low deposit, according to analysis by a major bank.
The analysis by Lloyds compared typical monthly rental costs with potential first-time buyer mortgage payments in 11 major cities and found that in nine of them, owning a home could work out less expensive than current rental rates.
The study, however, is based on specific assumptions, incl
Continue Reading on The Independent
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.