UK Renting Becomes Cheaper Than Buying as Iran War Spurs Mortgage Rate Surge

The UK housing market has seen a shift where renting is now cheaper than buying, a change driven by a surge in mortgage rates since March, sparked by the Iran war.

29 Apr, 23:01 — 29 Apr, 23:01

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The IndependentMostly Factual126d ago

Cheaper to rent than buy UK homes after Iran war sparks surge in mortgage rates

The shift has been driven by borrowing costs moving higher since the beginning of March

By Anna Wise

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UK Renting Becomes Cheaper Than Buying as Iran War Spurs Mortgage Rate Surge

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Cheaper to rent than buy UK homes after Iran war sparks surge in mortgage rates

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