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.