Did you pay in cash? What about the interest repayments? have you factored in the £10k of interest you pay the bank for the right to borrow all that money and thats with historically low rates.
All costs, but rent in London is way out of whack compared to mortgages. I bought my place when I realised buying a two bed was cheaper than renting a one bed.
Did you pay in cash? What about the interest repayments? have you factored in the £10k of interest you pay the bank for the right to borrow all that money and thats with historically low rates.