NetRent (3)

Why renting a home is now cheaper than buying

Since the start of the pandemic there’s been a number of trends driving the UK’s housing market. Many property owners in cities and towns have moved out to more rural locations seeking extra space while room renovations, home offices and new kit for the garden have also been high on the wish list.

The housing market has boomed in the last year with average prices across the UK rising at their fastest pace since the lead up to the financial crisis in August 2007 – up 10.2% in the year to March, the Office for National Statistics (ONS) said in its monthly report.

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