Is it better to buy a house with cash or get a mortgage?

Published 18 April

Deciding whether to buy a house with cash or to take out a mortgage depends on various personal and financial factors. Here's a breakdown of the advantages and disadvantages of each option to help you make an informed decision:

Buying with Cash

Advantages:

• No Interest Payments: You avoid paying interest on a mortgage, which can add a substantial amount to the total cost of the home over the years.
• Stronger Buyer: Cash buyers