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Scottish housing is most affordable in UK

Posted on 29 August 2011

Housing in Scotland is the most affordable in the UK following a sharp decline in mortgage costs over the last four years. The typical Scottish borrower now spends just 22 per cent of their average disposable earnings on their home loan, down from 38 per cent in 2007, Bank of Scotland research shows.
Mortgage payments account for a smaller proportion of average earnings in Scotland than anywhere else in the UK………………………………………Full Article: Source

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