Annual savings resulting from buying over renting in the UK 2017, by region

Average annual savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)*

by Statista Research Department, last edited Feb 21, 2018
Annual savings resulting from buying over renting in the UK 2017, by region This statistic shows the annual savings made by first time buyers, resulting from the decision of purchase against rental of the three bedroom home in the United Kingdom (UK) in 2017. Although London had the highest annual costs for both buying and renting first time property, it also saw the highest average annual savings with almost 2.2 thousand British pounds in 2017. The United Kingdom (UK) as a whole saw an average annual savings of 900 British pounds for first time buyers as opposed to renters in 2017.
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Average annual 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
Greater London2,191
South West1,722
Scotland1,240
West midlands1,229
East Midlands1,134
Wales1,100
South East1,098
North of England1,018
North West929
United Kindom900
East Anglia899
Northern Ireland747
Yorkshire and the Humber589
Average monthly savings in GBP
Greater London2,191
South West1,722
Scotland1,240
West midlands1,229
East Midlands1,134
Wales1,100
South East1,098
North of England1,018
North West929
United Kindom900
East Anglia899
Northern Ireland747
Yorkshire and the Humber589
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by Statista Research Department, last edited Feb 21, 2018
This statistic shows the annual savings made by first time buyers, resulting from the decision of purchase against rental of the three bedroom home in the United Kingdom (UK) in 2017. Although London had the highest annual costs for both buying and renting first time property, it also saw the highest average annual savings with almost 2.2 thousand British pounds in 2017. The United Kingdom (UK) as a whole saw an average annual savings of 900 British pounds for first time buyers as opposed to renters in 2017.
Show more
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First time home buyers in the United Kingdom (UK)
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