In this UK‑focused personal‑finance video, Rob Moore announces a headline‑making shift: for the first time in 14 years the average UK mortgage payment has risen above £1,000, making rent cheaper pound‑for‑pound than a mortgage. He argues that despite this headline, buying a home remains the better financial choice. Moore outlines six factors that, in his view, outweigh the higher monthly cost of a mortgage: (1) mortgage payments build equity while rent is “dead money”; (2) moving costs are substantial and frequent for renters; (3) homeowners benefit from primary‑residence tax relief that renters cannot claim; (4) landlords capture the capital‑growth that owners would enjoy, and UK property values have historically doubled every 12‑15 years; (5) owning improves creditworthiness compared with renting; and (6) ownership lets you customise your living space, turning a house into a personal “home”. He backs his points with personal credibility – owning ~360 rental units and managing ~1,350 tenants – and historical UK property‑price data. The video concludes with a strong call‑to‑action, urging viewers to share the video, turn on notifications, and join his low‑cost subscription platform (rob.team) for property‑investment courses and masterclasses. Throughout, Moore positions American “gurus” as less relevant to the UK market due to differing land supply, tax regimes, and price dynamics.
Chapters
Is it cheaper to rent or buy a house? Well, there's actually some breaking news on this, and for the first time in 14 years, this has changed. I'm going to share that breaking news with you because obviously right now the world is in economic crisis and you probably need to have a good control on your living costs. People get confused as to whether they should buy or rent. However, um, when I reveal to you this news, I have a very different point of view, very different from a lot of the big American gurus and influencers. And I've actually put here 6 factors which you should consider when considering whether you should buy or rent a home, even if the rent versus mortgage headline costs say something else. So, um, first off, let me ask you in the comments, do you think it is now actually cheaper to buy or rent a house? Let's have a little quiz first. What do you think? Because the breaking news right now, um, is that, uh, for the first time in 14 years, it is now cheaper to rent than it is to have a mortgage. So according to Capital Economics, um, the average mortgage repayment has gone over £1,000 for the first time ever. And of course, that's things like inflation, the soaring cost of living, you know, really high property prices. But, um, probably most impactful is how interest rates have gone up significantly, and actually mortgages have doubled in the last 2 years. So for the first time ever, it is cheaper pound for pound to rent than it is to buy. But here's what the media don't tell you. Here's what the big American influencer gurus don't tell you. Number 1: all rent is dead money. You get nothing back from it. You don't own anything. All right, you need to live, I get it, but all rent is dead money. However, when you have a mortgage, you pay down the mortgage until you own the home and you add value to the house. You might paint, you might decorate, you might refurb. I mean, if you do that on a rental, that's just giving money to your landlord. When you do that on your own home, it's making it your own home and it could be adding value. The second thing, and people never talk about this by the way, is the cost to move. So when you buy your house, you'll probably move every 5 to 20 years. But when you rent a house, you might move every 6 to 24 months, and it costs thousands of pounds to move. It's a massive inconvenience and costs thousands of pounds every time, and people don't put that factor in. Um, the third thing is the lack of tax relief. You can't offset rent against any taxation, but you have PPR, primary residence relief, When you own your own home, which means you can own a home, it can go up in value, you can then sell it and buy a new home and you don't pay tax. And you can keep trading up and trading up and trading up and get a nicer home and a nicer home and a nicer home. The next big one: when you rent, your landlord makes money. Now I know this because I have 360 properties— well, I have 360 rental units that I own, and I have 1,350 tenants in my management company. So I know from both sides. By the way, I own my own home. How can anyone be a multimillionaire and not own their own home and make out that that's a good thing? Unless they're traveling the world, you know, 365 days a year, it doesn't make any sense to be a millionaire but not own your own home. To me, there's something wrong with that. But because I own and manage so many properties, I see it from both sides. And I was buying properties for $35,000 to $75,000 in 2008. Which are now worth £200,000 plus. So if I'd have rented, I would have not got the capital growth. Someone else would have got the capital growth. If I rented, the landlord would have made money and I wouldn't. So when you own in the UK, you're likely to double the capital value every 12 to 15 years, and that's huge. And it's not the same in America, so that's why you should not necessarily listen to the American gurus. They don't have the same capital growth. Okay, next thing is, if you rent, that's not so good on your credit score as it is to have a mortgage and own your own home. So when you own your own home, there are other loans and your credit score is often better. Of course, you've got to keep up with those repayments. The next thing is when you rent, you're living in a house. When you own, you're living in a home. So I've made my home how I want it to be. I've got a big outdoor gym, I've got my own studio, I've got my own office, and I've made it into a home, not just a house. So actually living somewhere that you own, that's a home, that's your castle, that you can take over the world from, you know, that you can feel that zen and tranquility and get away from the troubles of the world— this is huge. So there are 6 main reasons why I believe still it's better to own than it is to rent a house. And by the way, I'm a landlord, so you'd say that I'd have an ulterior motive to tell you to rent. But no, I just think I want to tell you— well, I I know I want to tell you what's best for you, but I still think it's better for you to own than it is to rent. But if you've just tuned in, I'll just do a quick summary. By the way, if you found this useful or thought-provoking, please could you share it? There's something up with the Facebook algorithms and it's reduced a lot of reach. So do make sure that you turn the notifications on watching my content because a lot of people aren't getting my notifications anymore. And do please make sure that you share these videos because something has changed. Billy said he made £100 grand in 2 years. Good on you, Billy. So for the first time ever, it's actually cheaper to rent pound for pound than it is to buy because the average mortgage has gone up to more than £1,000 now for the first time in 14 years. However, I'm saying it's still better to buy because rent is dead money, and when you buy, you pay down a mortgage, you add value to the house. The cost of moving every 6 to 24 months people never tell you about is thousands. You don't get tax relief when you rent. You don't get capital growth when you rent. It's harder to get other loans when you don't own your own home, um, and living in somewhere that you could make your own castle and oasis. So let me know what you think, um, and look, now more than ever, it's vital that you learn how to get into property and real estate. Why? Because I think that the market's going to correct and there's going to be cheaper assets. Because it's something that you really own. It's quite difficult to own things nowadays, you know, own nothing, be happy. But real estate and property is still solid, and it's something that you can really own. The property rights in the UK are really good. It produces recurring and passive income. You get capital growth, so £100 becomes £200 in 12 to 15 years, it becomes £400, £800, £1.6 mil, £3.2 mil, just for houses doubling every 12 to 15 years. Um, you know, generally people who make the most money are investors or entrepreneurs. So if you'd like to learn how to invest, build a property portfolio, um, get the recurring and passive income, um, and make the most out of your money and protect it from inflation and protect it from taxation and protect it from the government, if you'd like to get your tax bill down, your income up, if you'd like to save in expenses, then join Rob.team. Because Rob.team, before the lockdown, was tens of pounds a month, and now it's just 20 pence a day. So when lockdown happened, I, I removed it down to 20 pence a day, which is less than a large Costa Coffee a month, um, to help you make, manage, and multiply money, to save money, to make money, to get your expenses and taxes down and your income up. It's my digital financial freedom platform where anyone can join. There's 10,000 movers, shakers, and changemakers across the world, um, and it will help you become an investor, become an entrepreneur, learn how to save, invest, and manage and make your money. So here's how you join. It's really easy. Just type in rob.team. Simple as that. Open up a new web page now. Do it now. Just go and type rob.team for less than 20 pence a day. You can cancel anytime. No ongoing contract. And you can get hundreds of hours of courses, resources, and masterclasses. The 9-module, 10-hour How to Invest series. There's at least 4 different masterclasses on property investing and real estate. How to make, manage, and multiply your money. The 6 quickest ways to £10,000 a month net. The 5 fastest ways to £100,000 a year clear. How to monetise your personal brand. How to create multiple streams of recurring income. These are all the masterclasses, and I update them every week, and we do Sunday sessions every Sunday, and And we do masterclasses twice a month. There's hundreds of hours of content. So go and join. And the good news is it costs less than 20 pence a day. You can cancel anytime. There's no ongoing contract. And it's instantly digitally downloadable anywhere in the world. So just open up a new webpage right now and type in rob.team. Rob.team. Go and join right now. It's never too late to start. It's always too late to wait. I believe that the real estate market is due a correction and a crash, and you want to buy on the downward, not on the upward. Now Scott said here, do you really think it will double every 20 years though? No, I don't. I think it will double every 12 to 15 years, Scott. I think it will double quicker. And what makes me say that? History. Not because I've got some kind of intuition that's magic, but if you go back to 1088, the land and property values in total in the UK were about a million, and now my house is worth more than that. And also Um, if I just look back to 2008, properties that were— I was buying for £75 grand are worth £225 now, £250. So I've seen it, it's proven. And of course, we don't have any more land to build in the UK. We have a massive, um, shortage of housing and an oversupply of, um, people. This is why you should contextualize your information. If you're in England, you should probably listen to people like me more than the big American gurus. Might be different in America. I'm not in America. Don't talk about advice for America, but they have more land, they have less people to land, they have different tax laws, they have federal and state taxes, and we, we have tax reliefs on owning your own home. So I hope this content has helped you. Please would you share this? Because like I said, something's happened in the algorithm on my end, so I've had some restriction on the amount of people that are watching my content. So if you could share, that'd be, um, I'd be really grateful to you. And also if you could turn the notifications on so you get notified, because Many people are saying they used to get notified to see my videos and they don't anymore. But let me know what you think. I've given you my view, and breaking news is it's now, for the first time in 14 years, pound for pound cheaper to rent than it is to get a mortgage. But I've shared 6 reasons why I think it's still better to buy. Let me know what you think in the comments. Got any questions? I'll come and answer them if I can. And remember, if you don't risk anything, you risk everything.
