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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Renting ‘cheaper than buying’ in most of UK — but not London

Renting is cheaper  than buying in most of the UK, but not in London, according to new data from Halifax.

New data from the country’s biggest mortgage lender shows that the average monthly cost to first-time buyers to own a home in the capital is now £2,241, slightly less than the monthly cost of renting.

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