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Monthly savings resulting from buying over renting in the UK 2019, by region

This statistic shows the difference in savings made by first time buyers regionally, when it came to buying a three bedroom home against renting a three bedroom home, in the United Kingdom (UK) in 2019. Although London had the highest monthly costs for both buying and renting first time property, it also saw the highest average monthly savings resulting from purchase over rental decisions, with 311 British pounds in 2019.

Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2019, by region (in GBP)*

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Sources

Release date

February 2020

Region

United Kingdom

Survey time period

2019

Supplementary notes

* Payments refer to the average for buying and renting a three bedroom house over 12 months to December 2019.

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* Prices do not include sales tax.

Statistics on "First time home buyers in the United Kingdom (UK)"

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