Rent or buy?

If you’re starting to feel priced out of renting, now could be the time to step on the property ladder. Let us explain why.

13099 Persona rent up infographic

On the up

Recently there has been plenty of media coverage about “the cost of living” going up, however, one thing that hasn’t really been talked about is the cost of renting, and that’s on the up too! When it's time to renew, many renters are experiencing hefty cost increases.

The right time

Now could be the right time to buy. With the squeeze on household bills expected to really have an impact in 2023* we think now could be a great time to make a move and step onto the ladder – in the long run it could cost less. Buying new with Persona Homes will give you a range of homes and buying options to fit within your budget.

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Spoilt for choice

We have a range of homes that are ready to move into now, or you could consider reserving a home that is still being built – doing so locks in a deal at today’s price.

Also, across our developments, we have a range of home ownership options to help you make your move. Saving a big deposit might not be a barrier to stepping on the ladder, so make sure you check out all of our buying options.

It's a fact that new homes will cost you less to run, and with the cost of renting going up, buying new really might cost you less than you think.

* Knight Frank research - https://www.knightfrank.com/research/article/2022-04-13-uk-house-price-growth-to-slow-as-cost-of-living-bites

^ Spareroom.co.uk - https://blog.spareroom.co.uk/every-uk-region-experiencing-higher-rents-than-last-year-2/

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

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