Summary
FIRST-TIME buyers are spending a record 111 per cent of their annual income on a deposit and first year of mortgage payments, figures revealed yesterday.
The massive financial burden is a result of the average size of a deposit rising to 24 per cent - the largest amount ever required.See the full content of this document
Extract
Massive Burden for First-Time Buyers [Scot Region]
It means they are being asked to put down a deposit of about Pounds 30,000 to buy a propert...
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