First-time buyers in Scotland continue to grow
The number of loans advanced to first-time buyers increased again in the third quarter, marking the highest number of first-time buyers in nearly three years, according to new figures released today by the Council of Mortgage Lenders in Scotland.
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Scottish first-time buyers spend less on monthly mortgage paymentsThe average first-time buyer in Scotland spent 11.1% of their income on mortgage interest payments in the last quarter of 2011, lower than anywhere else in the UK, according to new figures released today by the Council of Mortgage Lenders in Scotland.
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Increase for Scottish mortgage lending
House purchase lending in Scotland increased by 8% in the third quarter of 2011, according to new data published by CML Scotland.
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CML disappointed at Scottish Government decision affecting repossessions in Scotland
The Council of Mortgage Lenders is disappointed with today’s decision by the Scottish Government not to legislate to reverse the perverse effects on court proceedings for mortgage repossession hearings created by the case of RBS vs Wilson.
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Home movers in Scotland in the second quarter of 2010 needed to use less of their income to cover their mortgage interest than anywhere else in the UK, according to new data by the Council of Mortgage Lenders.
House purchase lending in Scotland mirrored the rest of the UK by falling 33% in the first three months of 2010, according to new data released by the Council of Mortgage Lenders.
Mortgage lending to Scottish first-time buyers increased 26% in the third quarter of 2009, according to CML Scotland.
New data from the Council of Mortgage Lenders shows that house purchase lending in Scotland continued to fall in the first quarter of 2009.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
