'I'm an expert and renters make crucial mistake when comparing to buying'

NewsUK NewsRentingMatt Coulson has explained why02:46, 06 Sep 2026Renting can sometimes look like the cheaper option compared with buying a home, particularly when mortgage rates are high and would-be buyers are facing large monthly repayments. But focusing purely on what comes out of your bank account each month could mean overlooking the much bigger financial picture, according to mortgage expert Matt Coulson.‌The founder of Rickmansworth-based Heron Financial Ltd said one of the biggest mistakes people made when comparing renting with buying is thinking too much about the short term. With a mortgage often representing someone's biggest monthly outgoing, Coulson said he understood why people obsessed over whether they could rent a similar property for less.‌However, he argued that buying