02 Dec
Rent or Buy
Date Added: December 02, 2015

The question that many people ask today is it a good time to buy or should I stay renting.  The answer really depends on your individual circumstances however key considerations are as follows.

When renting you are not committed and you are not responsible for maintenance to the property on the other hand rent is “Dead Money”.

If you choose to buy a property you will need a 10% deposit plus stamp duty, yes you pay a loan for 30 years potentially but at the end of the day your will OWN the property.