Glasgow Solicitors Blog from The GLP

Lending to both first-time buyers and home movers increased in February with first-time buyers taking the bigger increase, according to figures released from the Council of Mortgage Lenders.

Up to 6,000 first-time buyers and others aspiring to purchase a new build home are set to receive a boost, Cabinet Secretary for Infrastructure and Capital Investment Alex Neil has revealed.

The Bank of Scotland has launched its annual ‘Second Stepper’ report which tracks the ongoing plight of first time sellers amid a challenging housing market in Scotland. The report reveals that home affordability for Second Steppers has become much less favourable and declining house prices have led to equity shortfalls for many.

The National Association of Estate Agents has issued a reminder that exemption from Stamp Duty Land Tax for first time buyers is due to come to an end on Saturday 24th March 2012.

Loans for both house purchase and remortgage fell slightly in September, according to new data released by the Council of Mortgage Lenders.

A scheme to help first time buyers get a foot on the property ladder has been granted additional funding.

Over three quarters of towns and cities across Scotland are affordable for first-time buyers (FTBs), according to the latest Bank of Scotland First Time Buyer Review.