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.
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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Lloyds Banking Group, & BM Solutions. (February 17, 2018). Average annual savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)* [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/809029/average-annual-savings-for-first-time-buyers-uk/
Lloyds Banking Group, und BM Solutions. "Average annual savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)*." Chart. February 17, 2018. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/809029/average-annual-savings-for-first-time-buyers-uk/
Lloyds Banking Group, BM Solutions. (2018). Average annual savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)*. Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/809029/average-annual-savings-for-first-time-buyers-uk/
Lloyds Banking Group, and BM Solutions. "Average Annual Savings for First Time Buyers Resulting from Buying over Renting in The United Kingdom (Uk) in 2017, by Region (in Gbp)*." Statista, Statista Inc., 17 Feb 2018, https://www.statista.com/statistics/809029/average-annual-savings-for-first-time-buyers-uk/
Lloyds Banking Group & BM Solutions, Average annual savings for first time buyers resulting from buying over renting in the United Kingdom (UK) in 2017, by region (in GBP)* Statista, https://www.statista.com/statistics/809029/average-annual-savings-for-first-time-buyers-uk/ (last visited May 19, 2022)
