8 Situations when Renting is Better than Buying ...

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Is it better to rent or buy a house?

Most of us aspire to owning our own home at some point, but it´s the most important purchase we´ll ever make.

So it´s important to make the right decisions.

Surprisingly, perhaps, there are some reasons why renting is better than buying, depending on your financial and personal situation.

So here are some circumstances when it´s better to rent.

1. No Deposit

One of the top reasons why renting is better than buying is when you don´t have a deposit saved.

These days, the best mortgage deals are offered to those applicants who have a substantial deposit;

without one, you´ll either be offered unfavourable rates, or be unable to access any offers at all.

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