Wednesday, May 4, 2011
Unexpected bout of bearishness from purveyor of pap
People may want to consider renting, rather than buying, following the comments of one expert. Renting could prove a more sensible option than buying property for many in the UK at present, if the comments of one expert are anything to go by. Tim Lambert, head of consulting at Ducalian, said this could be the best route to take due to the current economic climate. The industry figure explained that rents are likely to stay the same month-in, month-out, while mortgages have the potential to increase significantly across the next few years.