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Buying vs Renting

Stepping onto the property ladder is a huge milestone and is a great way to invest in your future. By making monthly mortgage payments, you are investing in your biggest asset - your home. Historically property prices have risen, which means that your home may increase in value over time.

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You may not even need a deposit

Did you know that you could be eligible for a deposit free, 100% mortgage? This may be available to first-time buyers who have been renting for 12 months. This could be an ideal way to take your first step into home ownership.**

For more information, speak to an independent mortgage advisor.

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Owning a home could be cheaper than renting

Owning your home can be cheaper than renting, according to new research conducted by Halifax in 2023.*

Despite the current climate of high mortgage rates, data from Halifax shows that owning a home was still cheaper than renting in 2022.*
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*Source: Which article - Is owning your home cheaper than renting?

**Taylor Wimpey is not authorised by the Financial Conduct Authority and therefore cannot provide any advice in relation to mortgages and/or interest rates. If you would like to discuss your options in this respect, please seek the advice of a Mortgage Broker.