When looking for a new place to live in, you automatically need to confront with either to buy or lease it. There are many important aspects that should be carefully considered prior to making a decision, especially because one’s financial well-being can be dramatically affected. Before deciding on whether to lease or buy a flat, keep an eye on the following factors.
First and foremost, leasing an apartment can be riskier provided that you will not own it at any point – neither before nor after leasing it. By paying a weekly, monthly or annual fee, you are entitled to act as if the flat belongs to you, but the rental company or landlord that owns it Continue reading “Should You Buy or Lease a Flat?”