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Buying a property is still cheaper than renting but at £705 a month to buy a three-bed house verses £759 to rent, the gap is narrowing
The average cost of buying a three bedroom house is £705 a month, compared to £759 a month for tenants
The gap between the costs of renting and buying have reduced significantly during the past five years from £962 a year in 2011 to £651 in 2016
The average deposit put down by a first-time buyer on a three bedroom house was £30,770
By Myra Butterworth For MailOnline
PUBLISHED: 08:29, 20 February 2017 | UPDATED: 08:29, 20 February 2017

Read more: http://www.dailymail.co.uk/property/article-4235242/Halifax-claims-buying-property-cheaper-renting.html#ixzz4ZJvjgKNf

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