Monthly savings resulting from buying over renting in the UK 2017, by region
Average monthly savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)*
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) as of 2017. Although London had the highest monthly costs for both buying (almost 1.37 thousand British pounds) and renting first time property, it also saw the highest average monthly savings resulting from purchase over rental decisions, with 183 British pounds in 2017.
Average monthly savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)*
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| Average monthly savings in GBP | |
|---|---|
| London | 183 |
| South West | 144 |
| Scotland | 103 |
| West midlands | 102 |
| East Midlands | 94 |
| Wales | 92 |
| South East | 92 |
| North of England | 85 |
| North West | 77 |
| East Anglia | 75 |
| Northern Ireland | 62 |
| Yorkshire and the Humber | 49 |
Source
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