Rent or Buy? General Chat

[Deleted member 26]

Are you renting, or have you bought your home?

I was previously a joint homeowner, but I'm being bought out following separation. The plan was to rent short-term and look for somewhere to buy, but the flat where I am is so nice I'm not particularly in a rush to move out! Renting also has its perks, if anything goes wrong it falls on the landlord / estate agent to sort it or reimburse.

 

[Franco Pinion]

When I bought my home, the cost was less than rent, so it made sense to buy.

If someone wanted advice before making a decision to rent or own, normally I would have always said the answer would be "own" no questions asked. However, I think the property market is a whole different ballgame now and renting certainly has its advantages and built-in protections

 

[Lee]

We rent, can't afford to buy - wouldn't even if we could. I like the flexibility and convenience of rental.

 

[Gemma]

Bought. I sometimes wish I had the flexibility of rented accommodation though.