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Mortgage costs exceed private rents

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10-05-2007, 06:11 PM

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Mortgage costs exceed private rents

Hometrack, the property website, has concluded that the cost of renting a house in England and Wales is cheaper than the cost of buying a property with a mortgage. Historically, most people have believed that renting a house was as expensive as buying one but house price inflation has changed that.In 2006, the cost of [...]

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