Celebs in News
Related Rumors
dailyrecord.co.uk
Scotland
Covid-19
pandemic
2020
consequences
Scotland
Scottish house prices treble in 20 years making it even tougher for first-time buyers
Reading now: 621
dailyrecord.co.uk
dailyrecord.co.ukEdinburgh estate agency has looked into the housing landscape for Scottish first-time buyers across the past 20 years. The study by Coulters Property looked at how much would-be homebuyers need to be able to afford a 10 per cent deposit, how much this is as a percentage of average annual income, and how this has changed over the last two decades.
The data revealed that in 1999 the average deposit for a house on sale for £49,924 was £4,992. Fast forward to 2020 and the deposit for a £152,469 home will set buyers back £15,247.
The research by Coulters Property found that in Scotland there is a house price difference of 205.40 per cent between 1999 and 2020.
Read more on dailyrecord.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations