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Scotland sees further deterioration in housing affordability
There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading →
More choice added to mortgage deals for UK home borrowers
People in the UK looking for a new mortgage now have even more choice with a number of lenders launching new rates and products. The TSB has reduced interest rates by 0.10% on selected mortgages for home movers, first time buyers and remortgage borrowers. These include five year fixed rates and two year fixed rates […] The post More choice added to mortgage deals for UK home borrowers appeared first on PropertyWire . Continue reading →
Lack of supply boosting property sales in hotspots in Scotland
Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading →