Revealed: How first-time buyers are saving up to £800 a year compared to renters - with London and south east the biggest difference, Halifax data shows First-time buyers are saving up to £800 per year compared to the average renter across the UK, says Halifax Biggest savings are to be made in London where buyers are on average £4,606 a year better off than renters Putting your money into buying your first property in the south east will also save renters up to £2,578 a year