The average monthly cost for a first-time buyer is lower than the typical rent paid.
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Homebuyers struggling to get finance for a mortgage have turned to rented accommodation instead.
... which is quite a long time! says Nick Humphreys.
According to the Land Registry the average property value is now £162,109
But you need to be careful about how and where you make your investment.
Letting a property can be a complex and time-consuming process, but the rewards can be considerable.
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