Our first home · London

Should we rent or buy?

Compare where each choice could leave us after the same number of years.

Time and rent

Compare after Monthly rent Annual rent increase

Buying

Property price Deposit

0% 15% deposit 50%

Mortgage rate Mortgage term

Growth and ongoing costs

Property value increase Opportunity return Return on cash not tied up in the home Maintenance Percentage of the property value Service charge

Apply capital gains tax to investments Uses the 24% higher-rate CGT rate on gains at the end Annual CG allowance already used Turn off to exempt the first £3,000 of investment gains

Buying and selling

Legal, survey and mortgage fees Selling costs

First-home stamp duty: £22,500

This browser keeps changes for 24 hours. Saved scenarios are shared across browsers.

Estimated position after 10 years

Buying could leave us £0 better off

Net worth after housing costs and invested cost differences

The cheaper monthly option invests the difference.

Buy£0

Rent£0

Compare all time horizons

After	Buy	Rent

Total mortgage payment £0 / month

Starting rent £0 / month

First monthly payment

£0 total

Repayment £0 Interest £0

Interest falls and repayment rises as the mortgage balance reduces.

Buying at the end

0% LTV

Property value£0

Mortgage remaining£0

Selling costs£0

Money spent along the way

Not adjusted for inflation

Rent paid£0

Mortgage interest£0

Maintenance£0

Service charges£0

Buying + SDLT£0

Selling costs£0

Renter portfolio

£0

Cash contributed £0 Investment growth £0 Capital gains tax £0

Planning estimate, not financial advice. Tax, investment returns, mortgage rates and property values can change. Insurance and tax on investments are not included.