Buying could be cheaper than renting
You may not realise it, but paying a monthly mortgage could actually be cheaper than paying rent. Which
means rather than seeing your money disappear into someone else’s pocket each month, you could, in fact,
see it going towards your very own home. What’s more, by investing in your very own property now, it could
pay-off in the future if your home increases in value. But as well as the fi nancial benefi ts, nothing beats that
feeling of being the proud owner of your very own home.
Here’s an example
*Source: RightMove.co.uk. Based on average rent on a 3 bedroom house in Newton le Willows as of 21.07.14.
† Subject to qualifi cation. Calculation only, not a mortgage offer. Based on Nationwide mortgage, rate of 2.79% fixed for 2 years, £400
Lender’s Arrangement Fee, £99 booking fee and £180 valuation fee payable on full application, full repayment mortgage over 25
years. Terms and conditions apply. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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