Tuesday 30 September 2014

Buying Vs. Renting

According to a recent estate agency survey, buying a property is cheaper than renting one. Conducted by Relocation Agent Network, of which Coast & Country is a member, not only is it cheaper to buy, but you could make significant savings of up to £1,500.

Relocation Agent Network, the national network of independent estate agents asked its members whether it was cheaper to buy or rent a property over the course of a calendar year. 87.5% said that it was cheaper to buy.

The national survey also looked at the possible savings you could make when buying a property instead of renting. Based on a three-bedroom house, member respondents were asked what they estimated the annual saving was from buying a property instead of renting one. Over a third (33.85%) of member respondents stated that it was possible to save up to £1,500 a year by purchasing a three-bedroom house instead of renting it.

Mike Griffiths from  Coast & Country  Estate Agents the member of Relocation Agent Network in Teignbridge, Devon said, “This survey shows us that buying really is the preferred option when it comes to making cost savings. At  Coast & Country we understand that some people are renting because they can’t get onto the property ladder – the so called ‘trapped tenants’ – but we’re here to help and guide you through the buying process. Contact us today to discuss your options.”


About Relocation Agent Network. Relocation Agent Network is a national network of specially selected estate agents. All members are handpicked after thorough checks identify them as the best estate agent to represent Relocation Agent Network in their area. The Network provides coverage throughout England, Scotland and Wales. Relocation Agent Network is a division of Cartus, the premier provider of global relocation services, with nearly 165,000 customers moved worldwide every year. In the UK, Cartus uses Network members to buy and sell homes for these relocating families. As well as relocating families moving with Cartus, Relocation Agent Network helps house movers in other parts of the country by referring buyers and sellers from one area to another. 

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