tag:blogger.com,1999:blog-172686994716579202.post9148060121838719651..comments2024-03-06T17:55:57.921+00:00Comments on Penicuik Property Blog: Penicuik rent went up by 2.3% in the last yearThe Scottish Property Blog Serieshttp://www.blogger.com/profile/08339929552353282956noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-172686994716579202.post-3845452331238830832016-05-05T16:04:00.468+01:002016-05-05T16:04:00.468+01:00Now it is cheaper to buy property than to rent it....Now it is cheaper to buy property than to rent it. Mortgage repayments in European cities are currently hitting below the cost of monthly rent.Property prices in London have been going up 10% every year for the last five years, prompting unsophisticated schemes to earn a profit off the growth. Buyers are putting down 20% of their own funds, with a loan at 2% and a 5-year deferral of principal repayment, then living in or letting the property for 3-5 years before reselling it at a profit. With forecasts saying downtown London real estate will grow 23% by 2019, savvy investors are buying to let.Source <a href="https://tranio.com/world/analytics/cheap_mortgages_in_europe_dont_rent_buy_4610/" rel="nofollow">https://tranio.com/world/analytics/cheap_mortgages_in_europe_dont_rent_buy_4610/</a>Anonymoushttps://www.blogger.com/profile/14285633097613136268noreply@blogger.comtag:blogger.com,1999:blog-172686994716579202.post-33130826310258918942016-05-05T16:01:44.530+01:002016-05-05T16:01:44.530+01:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/14285633097613136268noreply@blogger.com