Renting remains cheaper than buying in UK as mortgage rates soar Property The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
Nine in 10 landlords raise rents for existing tenants Housing Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.