Credit Crisis Keeps First-Time Buyers Off Property Ladder
Mail on Sunday › March 23, 2008
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Summary
TWO-thirds of potential first-time buyers have shelved plans to get on Scotland's property ladder this year as economic fears escalate.
In a survey of non-homeowners carried out for Abbey Mortgages in early January, 11 per cent said they planned to buy their first property in 2008.See the full content of this document
Extract
Credit Crisis Keeps First-Time Buyers Off Property Ladder
However, only 4 per cent have now become homeowners - just over a third of the total.
Fears house prices would fall, worries abo...See the full content of this document
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