This article has just crossed my radar.
In London alone mortgage payments are fully 47% higher than average rental repayments.
Ok the devil is in the detail etc but surely this is a bizarre turn of events?
Do we blame QE, planning laws, Government help-to-buy? Or is it a bit of all three?
Keen on your thoughts?
Despite paying for some of the most expensive property in the UK, Londoners’ average monthly rents of £1,861 are dwarfed by mortgage repayments in the capital, which come in at £3,001 per month - a massive 47 per cent gap.