Cost of buying a property in Scotland is less than renting

[Nicholas Wallwork]

The cost of buying a home in Scotland is 6% lower than renting, according to new research from the Bank of Scotland. The average monthly costs associated with buying a three bedroom house stood at £524 in December 2012, some £34 or 6% lower than the typical monthly rent of £558 paid on the same [...]

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[Maria2]

subjective

I wonder whether they have included all costs involved when buying a homne.
And how many years rental have been used?

The cost of buying a home in Scotland is 6% lower than renting, according to new research from the Bank of Scotland. The average monthly costs associated with buying a three bedroom house stood at £524 in December 2012, some £34 or 6% lower than the typical monthly rent of £558 paid on the same [...]

Click to Read The Full Story and Add your Own Comments to Cost of buying a property in Scotland is less than renting

 

[christianuk]

Ahh if those prices could have in London, life could be more easy as it could give the option to save more money for mortgage.