| Comment | What do you mean.
If you buy a flat for £90k with a 10-15% deposit from your savings, that gives you a mortgage repayment of around £400 p/m... compared to rental value for the same property of what?
Then say you pay his mortgage for 4-5 years and decides to sell up, he retains not only his deposit but also the equity his repayments have created. Versus what, paying rent and bills from his savings for a year or so, which will be completely gone into the pocket of some landlord with a property portfolio? |
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