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)*
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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| Average monthly savings in GBP | |
|---|---|
| Greater London | 2,191 |
| South West | 1,722 |
| Scotland | 1,240 |
| West midlands | 1,229 |
| East Midlands | 1,134 |
| Wales | 1,100 |
| South East | 1,098 |
| North of England | 1,018 |
| North West | 929 |
| United Kindom | 900 |
| East Anglia | 899 |
| Northern Ireland | 747 |
| Yorkshire and the Humber | 589 |
Source
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