It has recently come to light that soaring house prices and vast deposits in London and around the country have meant that getting on the property ladder is becoming near impossible.
A wide range of people are becoming part of ‘Generation Rent’ and are facing the reality that they may never get to own their own home. It is not only young people, first time buyers and graduates that are coping with the idea of long term renting but older generations with families as well.
The prospect of renting for the foreseeable future is common for London dwellers, with property prices through the roof, but in other parts of the country this may come as a shock.
But there are ways of making renting work for you and renting like a buyer. Renting doesn't have to feel like a trap as it can allow for more freedom in a variety of ways.
Propertywide have created this fun infographic to give advice on how to make the most of renting and how renting varies across the country. The graphic uses the concept of a monopoly board to show the average rent in relation to average in some of the UKs major cities.