FactFind: Is it cheaper to have a mortgage than rent in Ireland?
Conclusion: No matter where you are in the country, it is cheaper to have a mortgage than to rent a property on today’s average house and rent prices when looking at one, two or three bedroom properties. However, it may not always be the most suitable option – and it may not always be possible. That situation is how it has always been – except for the years of the property boom – but the difference in price in the ‘smaller household’ sector of the market is now much more stark, up to 90% in high-demand areas.
FactFind: Is it cheaper to have a mortgage than rent in Ireland?
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