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Daily Record
Daily Record
National
Ketsuda Phoutinane

Scottish city branded most expensive for renters as buyers save £2,580 yearly

The most expensive plant in the UK to rent rather than pay a mortgage has been revealed to be Glasgow.

It is cheaper to pay a monthly mortgage as a first-time buyer than to rent in half of cities for those who are able to save a 10 percent deposit, according to Rightmove research.

Nowhere is this more apparent in the UK than Scotland's biggest city where renters spend £215 more on rent - spending £2,580 more a year than homeowners. Rightmove says first-time buyers in Glasgow make the biggest savings by getting on the ladder than anywhere else in the country.

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