Where renting is cheaper than buying

One of the biggest life questions facing this generation is whether they can and/or want to buy a home for themselves and their family. Something which has long been the norm in the UK is proving ever more unrealistic for young people in the country and as a new analysis from estate agent Hamptons shows, renting is now the much more affordable option in a number of regions.

As covered by the BBC, Those looking to settle down in London with a 10 percent deposit in their pocket would, despite the potential longer-term benefits of home ownership, be paying an average of £251 more per month than if they chose to rent. It's a different story in Scotland, where buying property would lead to monthly savings of £130.