28 Apr

Property to rent in Hampshire a could be more 'sensible' option

Property to rent in Hampshire a could be more 'sensible' option

People looking to ensure financial security in the coming years may be better to opt for houses to rent in Hampshire instead of buying a home in the area.

According to Ducalian, a rise in interest rates could see mortgages become more expensive as lenders pass on rate rises to their customers.

The property investment firm says although buying may seem attractive, househunters need to plan ahead in terms of what they may be paying in a few years' time.

Tim Lambert, head of consulting at Ducalian, explained: "Renting for the majority of people in today's economic climate is more sensible, as the rent will on average stay the same month in month out."

People looking to move to Hampshire may find houses to rent in Southampton or Portsmouth a more secure option than getting a mortgage.

Ducalian's advice may add to tenant demand for houses to rent in Portsmouth, which already benefits from a strong student population of 22,262 – many of which live in property to rent in Portsmouth for the duration of their degree.ADNFCR-1222-ID-800515488-ADNFCR

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