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) ain 2018. 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 373 British pounds in 2018.
Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2018, by region (in GBP)*
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Statistics on "First time home buyers in the United Kingdom (UK)"
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Lloyds Banking Group. (March 4, 2019). Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2018, by region (in GBP)* [Graph]. In Statista. Retrieved February 26, 2020, from https://www.statista.com/statistics/809007/average-monthly-savings-for-first-time-buyers-buying-over-renting-uk/
Lloyds Banking Group. "Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2018, by region (in GBP)*." Chart. March 4, 2019. Statista. Accessed February 26, 2020. https://www.statista.com/statistics/809007/average-monthly-savings-for-first-time-buyers-buying-over-renting-uk/
Lloyds Banking Group. (2019). Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2018, by region (in GBP)*. Statista. Statista Inc.. Accessed: February 26, 2020. https://www.statista.com/statistics/809007/average-monthly-savings-for-first-time-buyers-buying-over-renting-uk/
Lloyds Banking Group. "Average Monthly Savings Resulting from Buying over Renting in The United Kingdom (Uk) in 2018, by Region (in Gbp)*." Statista, Statista Inc., 4 Mar 2019, https://www.statista.com/statistics/809007/average-monthly-savings-for-first-time-buyers-buying-over-renting-uk/
Lloyds Banking Group, Average monthly savings resulting from buying over renting in the United Kingdom (UK) in 2018, by region (in GBP)* Statista, https://www.statista.com/statistics/809007/average-monthly-savings-for-first-time-buyers-buying-over-renting-uk/ (last visited February 26, 2020)
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