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The Abbey published a study recently that suggested it is on average £10,000 cheaper to buy a house in Britain than it is to rent over a typical 25 year period. Those in the South East could save on average £60,000 with those in the East of Scotland netting a whopping £80,000.
Cheaper now to buy a house than to rent one | Mutual Points Surprising stuff. Looks like a good time to buy. Are there similar studies in America? |
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