Buying over £1800 cheaper than renting
Scottish first-time buyers could have saved around £1,800 last year on housing costs compared to renters in equivalent properties, Bank of Scotland has found.
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Scottish first-time buyers could have saved around £1,800 last year on housing costs compared to renters in equivalent properties, Bank of Scotland has found.
The monthly housing costs for first-time buyers are now £115 (13%) lower than the cost of renting an equivalent home, and the difference could add up to more than £27,600 over a 25-year mortgage, according to analysis by Halifax.
Victims aged under 45 now account for 70% of reported investment scams, according to new data from Lloyds Bank.
UK households spent 2% more on essentials in the last three months (December, January and February), according to the latest Lloyds Bank Spending Power Report.
Almost two thirds of Londoners expect house prices to continue to rise over the next three years as house prices climb 4% since the start of the pandemic.
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