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First-time buyers account for half of all house purchases in Scotland

There were more than 34,500 first-time buyers in Scotland in 2018; an increase of 56 per cent from the 22,100 recorded a decade ago, according to the latest figures. Up 13 per cent from 2008, first-time buyers now account for 50 per cent of all house purchases with a mortgage, the Bank of Scotland statistics conclude.

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1121 Hits

Scottish annual house prices suffer first drop since 2016

The latest UK House Price Index (HPI) reveals that the average Scottish property price in February 2019 was £145,762 – a monthly fall of 3.1 per cent and a drop of 0.2 per cent on the same month in 2018; the first annual decrease in average property prices since March 2016.

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645 Hits

New build home completions up 4% in Scotland

In the year ending September 2018, there were 18,750 new build homes completed across all sectors, an increase of 635 home (four per cent) on the previous year, according to the recent quarterly data from Scotland’s Chief Statistician. The four per cent rise included rises in housing association completions (35 per cent), local authority completions (eight per cent), and a three per cent fall in private-led completions.

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550 Hits

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