Rent or Buy - that is the Question!

audigex

libf wrote: »

And interest rates will have gone up to maybe 2 or 3%.

I'd agree with this

If you're currently looking at a 90% LTV, then any gains you see from dropping to a 70% LTV will likely be equivalent to the losses you'll suffer from an interest rate drop

ie you should roughly see the "resulting" interest rate stay the same, eg the one that you get on your mortgage

ArunM

libf wrote: »

Depends if you're prepared to spend twice on moving costs like solicitor fees and stamp duty.

Thanks libf for being patient and answering my query.