It is cheaper to pay a mortgage than to rent in 88% of British towns, a new report reveals.It was found that in 44 of 50 towns, the cost of paying off an interest-only mortgage is lower than the cost of renting the equivalent property.The research - conducted by property website Zoopla - shows that York, Milton Keynes and Derby are the most expensive places for rents compared with buying, whilst it was found that renting was actually cheaper than buying in Bournemouth, Swansea and Oldham.Two-bed...
