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Buying a home with a 20% deposit saves British first-time buyers about 20% compared to renting, Zoopla reports.
Zoopla reports that first-time buyers in Britain could save around 20% on monthly payments by buying a home with a 20% deposit rather than renting.
The average mortgage payment is £1,038, lower than the average rent of £1,248.
Buyers need about £50,740 for a 20% deposit.
In high-priced areas, rents rise due to demand, but in cities like Glasgow and Edinburgh, buying costs are more than 30% below renting.
The Financial Conduct Authority is looking at simplifying mortgage rules to aid home buyers.
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La compra de una casa con un depósito del 20% ahorra compradores británicos por primera vez alrededor del 20% en comparación con el alquiler, informa Zoopla.