WHY PAY RENT?
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Just look at this example:
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| PP |
Deposit |
Mortgage |
| £12,000 |
£12,000 |
£108,000 |
First time buyers, repayable over 35 years, no Stamp Duty, Fixed Rate for 3 years;
this works out at less than £750 per month.
If you are both working this is less than £85 per week each.
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