Wednesday, 27 April 2011

Property ladder still a long way off for first-time buyers - Scotsman.com Business

Property ladder still a long way off for first-time buyers - Scotsman.com Business

First-time buyers in Scotland still face a long wait to get a foothold on the property ladder despite reports suggesting that homes are becoming more affordable.

Figures show that buying may now be cheaper than renting, but experts say house prices need to fall further before buyers without large deposits can make the move from renting to ownership.

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