Sunday 7 August 2011

BBC News - Scottish first-time buyer numbers fall, says report

BBC News - Scottish first-time buyer numbers fall, says report

The number of first-time house buyers has fallen over the past year despite an improvement in affordability, according to a Bank of Scotland report.

The bank estimated there were about 7,500 first-time buyers in Scotland in the first half of 2011 - a fall of 15% from the same period in 2010.

This was despite an increase in the number of towns and cities across Scotland it calculated as affordable.

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