Annual savings resulting from buying over renting in the United Kingdom 2017, by region

The data displays the annual savings made by first time buyers, resulting from the decision of purchase against rental of the three bedroom home in the UK in 2017. Although London had the highest annual costs for both buying and renting first time property, it also saw the highest average annual savings with almost 2.2 thousand GBP in 2017. The UK as a whole saw an average annual savings of 900 GBP for first time buyers as opposed to renters in 2017.