call now on 01413336750

1 minute reading time (136 words)

Number of First Time Buyers Reached Four Year High Last Year

New figures from the Council of Mortgage Lenders in Scotland report that the number of first time buyers in Scotland rose to the largest annual total in four years.

Affordability has been a factor in the increase in purchasers for such buyers. Average lower house prices, for example, has allowed a number of purchasers to be  exempt from paying Stamp Duty Land Tax.  62% of first time buyers bought a property for less than £125,000 compared to 39% in the UK in the fourth quarter.

2012 showed an additional 19,000 first time buyers, a rise of 13% compared to the previous year. On a quarterly basis, lending to first time buyers and those looking to remortgage also increased, while lending to home movers eased.

If your a first time buyer looking for conveyancing advice, click here.

The Green Deal and its implications for Sellers an...
ABI publishes whiplash proposals

Related Posts

Contact Us

Please let us know your name.
Please write your telephone number.
Please let us know your message.
Invalid Captcha

Testimonials

“Thank you very much for your 100% proficiency and prompt conclusion to my claim and for being so courteous. Your company are highly recommendable”

 

View all our testimonials

Testimonials