More than half of UK first-time buyers paying more for mortgage than they did for rent
Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran war A majority of first-time UK buyers now pay…
The Guardian reports: Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran war A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found.
They paid £39 more on average.
This lifestyle story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, Hamptons and Iran.
Why it matters
Lifestyle trends like this can influence everyday choices about health, money, home and family.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, Hamptons, Iran
- Section
- Lifestyle
- Figure cited
- Last month 56% of first-time buyers said their monthly mortgage bills exceeded their previous rent, the highest proportion in at least a decade, according to Hamptons. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
Far-right and Iran add to mix of terror threats UK faces – not to mention AI
The terror threat has become more diverse, with far-right anti-migrant threats on the rise; while Iran has now firmly emerged alongside Russia as a…
Iran seeking 'harder targets' for attacks abroad, UK warns
The warning from the head of the UK's domestic security agency comes after PM Burnham said an attempted plot at an air force base hosting US bombers…
MI5 chief warns of threats to UK from Russia, Iran and AI
Sir Ken McCallum says operations to tackle terrorism and state threats are now roughly of an "equal scale".
Iran sees ‘false flag’ operations after UK blames IRGC for airbase incident
Iran has been accused of being behind a plot against an airbase in the UK.
Spaghetti with lentils, and aubergine veggie-balls: Jacob Kenedy’s autumn pasta recipes
A deliciously humble lentil and spaghetti dish, and a meat-free riff on meatball pasta made with aubergine veggie-balls Some plant-based pasta…
Kenya pastor accused of ordering parents to starve their children to death faces verdict
Prosecutors say Paul Mackenzie lured the latest victims to their deaths by writing notes from his prison cell.
‘We are beyond heartbroken’: Cindy Crawford, Rande and Kaia Gerber share tributes to Presley
Family post emotional statements to Instagram a month after their son and brother died at a rehab facility Cindy Crawford and Rande Gerber have said…
A pet-friendly bed? Saucepan for one? You asked, we solved your shopping dilemmas
You sent us your trickiest shopping problems.