Buying (with a mortgage) Burns Money Faster Than Renting. Prove me wrong. episode artwork

EPISODE · Apr 23, 2025 · 44 MIN

Buying (with a mortgage) Burns Money Faster Than Renting. Prove me wrong.

from Moving Home with Charlie · host Charlie Lamdin

Watch this on video here: https://youtube.com/live/JiPQSMi9W1oBuying a home with a mortgage means you end up paying roughly double what you borrowed, on top of your deposit. Then inflation, maintenance and service charges need to be considered.The value of your home needs to roughly quadruple over the 30 year term of the mortgage to make it a worthwhile investment.I'm not trying to put anyone off buying a home with a mortgage, it's a great thing to do. I'm trying to bust the myth that it's also good financial decision to stop people overpaying. Renting can be safer. Sometimes. https://x.com/moving_charlie/status/1915079368663245033Support the showFollow me on X for daily updates: https://x.com/moving_charlie 🎥 Charlie's Golden rules videos forBuyers: https://www.youtube.com/watch?v=h6T-uZ28a80 Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs  Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw 🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/ 📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/ 💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/ ...

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Watch this on video here: https://youtube.com/live/JiPQSMi9W1o Buying a home with a mortgage means you end up paying roughly double what you borrowed, on top of your deposit. Then inflation, maintenance and service charges need to be considered. The value of your home needs to roughly quadruple over the 30 year term of the mortgage to make it a worthwhile investment. I'm not trying to put anyone off buying a home with a mortgage, it's a great thing to do. I'm trying to bust the myth th...

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Buying (with a mortgage) Burns Money Faster Than Renting. Prove me wrong.

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