Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Mortgage paying, a better option than renting

By Justin Henry Subscribe to RSS | January 20th 2012 | Views:

It is quite cheaper to make the repayment of mortgages than making the repayment of the bills as well as rent. But this thing can also not be ignored that the borrowers who are taking up money for the first time cannot get mortgage. In a study, founded that if you want to rent a home then it is much cheaper than buying in only three of the 50 biggest cities as well as towns of Britain. In the survey it was shown that Plymouth, Bournemouth and Swansea are the only places here in the country where it would be better for you to rent a place or a property rather than buying one.

The demand in the sector has increased a lot which has lead the rate of interest goes high. Many new buyers who want to get into buying or renting a property is finding it a little difficult to do so as they are being expected make in deposits that are large in number. Moreover, the terms and conditions of a few deals is too strict which is dampening their spirits and has left them struggling.

The first-time buyers are finding it quite difficult to find a deal of mortgage. The website further adds that are able to fetch a deal of mortgage, renting is much less than buying in the three towns that have been named above.

The report of the website also reveals that the same study was carried out last year as well. This year the increase has been quite significant. In the past survey in out 40 towns from a total of 50, buying was quite cheaper than renting. Don’t have cash for pay your rent apply for text loans @ to get funds in rapid time.

The Business Development director of, Nicholas Leeming, voiced the opinion the buyers who have been first-timers have spent their time in struggling in order to find a suitable mortgage deal. Due to this, they had to face a lost on various cheap deals of which they should have taken an advantage off.

The Financial Services Authority, that is FSA, had announced a few days back that two percent of all the mortgages that had got an approval in the year were provided to the buyers who had a deposit of even less than 10 percent.

The most cost-effective and affordable place as far4 as buying a property stood in comparison to rent a house was Milton Keynes. Renting was almost around 36 percent costlier than buying own house.

Justin Henry - About Author:
Justin Henry is expert financial advisor. He provides best views on finance. He writes articles on text loans, instant text loans and mini text loans

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Loans Articles Subscribe to RSS

Cheapest Cash Advance Loans – finance help with cheap interest rates
Published by Angelina Jolie on May 25th 2012 | Loans
Cheapest Cash Advance Loans are on the market particularly for the people that face monetary crisis ...
Text Loans - Now you can get easy finance online via message
Published by Jack Cook on March 22nd 2012 | Loans
There is lot of sources to avail cash in the market but the simplest is the finance you get by sendi...
Apply for finance and meet your financial problems with ease
Published by King Loothar on December 15th 2011 | Loans
When people are in financial crunch then only way out for them is borrow funds from financer. And re...
Finest car loan finance conditions clarify
Published by MarK Fulton Matthew on February 27th 2012 | Loans
Car loan finances investigate extra about you with no trouble online and only require learning those...
Take the finance as per your monthly salary
Published by Jackfox on May 23rd 2012 | Loans
When you are in search of quick solution of your monetary problem then assistance of Quick Loans wit...
Funds for the fulfillment of short-timed needs despite your worst finance history
Published by Sandra Jeux on December 14th 2011 | Loans
Emergency expenses arises suddenly without any notice and in order to meet them a person goes for fi...
No Credit Check Loans- Raise finance immediately without credit check
Published by Serjeant Doherty on March 20th 2012 | Loans
No credit check loans are boon for those who are suffering from multiple bad credit problems. With t...
Financial aids for people having negative finance ratings
Published by Jack Grayn on December 14th 2011 | Loans
People who have done mistakes in past relating to the finance and are unable to get funds can now ap...
Bad credit payday loans: Get a good finance for your business.
Published by Alexander Thomas on November 26th 2011 | Loans
These finances are for the people who want fast and easy cash facility. Business person can easily a...
Instant Cash Loans: Immediate finance program
Published by Declan Dylan on January 9th 2012 | Finance
Instant cash loans refer to a variety of immediate finance programs which the British people look fo...
Fly the tension and worries easy online finance
Published by Sandra Jeux on February 20th 2012 | Loans
Most of the people are deprived of finance because of negative credit ratings but now many financers...
1000 Pound Bad Credit Payday Loans – provide simple way for get the finance
Published by Thom Lee on May 29th 2012 | Loans
1000 Pound Bad Credit Payday Loans are those that are offered to folks that have adverse credit hist...
Borrow £500 over 6months – providing finance without any paperwork
Published by Aadam Abbas on July 20th 2012 | Loans
Borrow £500 over 6months assist you to pick that exact finance theme that may be helpful to you in ...
Secured loans against logbook: smart way of obtaining finance!
Published by Scarlette Riley on February 8th 2012 | Loans
Secured loans against logbook are mainly designed for borrowers, having a vehicle’s logbook on the...
Debtor finance – general considerations
Published by Adair Sawyer on May 11th 2012 | Finance
Many companies find themselves in the impossibility of further developing their business because the...
Personal loans for bad credit history avail the easiest mode to apply for finance.
Published by Moon Thomas on January 26th 2012 | Loans
Now it is very easy to get loans for people with bad credit score. We offer a convenient loan for yo...
Cash Loans No Credit Check Canada: Alleviation of finance crisis
Published by Lily Jacobs on March 12th 2012 | Finance
Cash loans no credit check Canada are an ideal option available to the salaried people of Canada to ...
90 day loans bad credit-Great assistance of finance
Published by Galvin Colton on July 20th 2012 | Loans
If you are taking quick funds from 90 day loans bad credit, you can fight unexpected fiscal worries ...
Advisory Service feels that pay-day finance is debt units
Published by Kevin Cook on January 23rd 2012 | Loans
Pay day finance is very famous amongst the people of country and beneficial too at the time of crise...
Doorstep Loans No Credit Checks - Get simple finance with quick approval
Published by Rechard Thomas on January 7th 2012 | Loans
People have the freedom to use the amount received from doorstep loans no credit check. Doorstep loa...