Rightmove: Paying a mortgage could become cheaper than renting next year
Original Article Summary
If first-time buyers get a deposit together it’s likely their mortgages could end up being cheaper than paying rent next year, Rightmove has predicted. This process could be exacerbated by the 2% increase in property taxes for landlords, though that only comes into force in April 2027. The high number of available homes for sale […] The post Rightmove: Paying a mortgage could become cheaper than renting next year appeared first on PropertyWire.
PropMatch Curated Analysis
Rightmove predicts mortgages could become cheaper than rent in 2026 for first-time buyers with deposits, driven by continued buyer's market conditions, wage growth outpacing house prices, and future landlord tax increases.
Investor Relevance
This trend could reduce rental demand and put downward pressure on rents, particularly affecting buy-to-let investors' yields. However, it may create opportunities for portfolio expansion in a continued buyer's market with strong negotiating power.
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