The average first-time buyer mortgage with a 5% deposit is typically up to 17% cheaper than renting, with an annual saving of £2,700 per year, a report has said.
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Britain’s home buying process is ‘outdated’ and failed transactions cost movers £560m every year
Britain’s ‘outdated’ home buying and selling process is costing home movers £560million every year due to failed transactions, a leading high street bank today reveals.
Read MoreCan first-time buyers still buy a home before stamp duty jumps on 1 April?
First-time buyers are rushing to purchase homes before the stamp duty they need to pay rises.
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