Expat Community > England

Londonbound
Joined 2006
Posts: 9

Buy vs. rent?

18 years ago

Our family is preparing to move to Surrey for approx. 3 years and we are struggling with the 'buy v. rent' question. We are selling our home in the U.S. and will receive a monthly housing allowance while we are in the UK, but it is fairly low so we will have to supplement it with our own funds. The other obstacle to renting is finding a landlord willing to accept an energetic 70 lb. dog.

We love the flexibility of renting but are hesitant to have our money go to a landlord rather than towards a mortgage. I have heard the home buying process in the UK is more complicated than in the States, so it appears we need to determine which avenue to take fairly soon.

(By the way, my husband is already living in a small flat in London so we have a bank account, etc. all set up.)

Thanks for your input!

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Expat Community > England

Buy vs. rent?

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