Bank of Scotland

Number of first-time buyers in Scotland at seven-year low

The number of first-time buyers in Scotland is at a seven-year low, falling over a third (35%) since last year, according to the latest data from Bank of Scotland. 

Published 4 September 2020

Allan Munro Construction secures six-figure funding package from Bank of Scotland

Highland property developer Allan Munro Construction is set to launch the first five units of a 38-plot development despite months of disruption caused by the coronavirus pandemic, thanks to a six-figure funding package from Bank of Scotland.

Published 11 August 2020

Mortgage providers fined £64m for arrears failures

The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

Published 12 June 2020

Rural Renaissance secures six-figure funding package to aid coronavirus response

Melrose-based housebuilder Rural Renaissance Limited (RRL) has secured a six-figure funding package from Bank of Scotland to support its working capital, enabling it to continue to pay suppliers and honour its contractual commitments during the coronavirus crisis.

Published 3 June 2020

Bank of Scotland funding helps Stella’s Voice support locals impacted by COVID-19

Stella’s Voice, a Peterhead-based charity that works to safeguard young people across Eastern Europe from traffickers and homelessness, has received funding from Bank of Scotland to help it support locals amid impacted by the coronavirus pandemic.

Published 29 May 2020

New retirement homes open at Newton Mearns development

A new phase of retirement homes officially opened last week at the Hugh Fraser Retirement Estate, formerly the Crookfur estate, in Newton Mearns.

Published 24 February 2020

Orkney revealed as best place to live in Scotland

The historic islands of Orkney have been crowned Scotland’s best place to live for the eighth year in a row, according to the Bank of Scotland Quality of Life survey 2020.

Published 3 February 2020

Number of first-time buyers in Scotland rises 90% in a decade

The number of first-time buyers in Scotland rose to 33,558 in 2019, an increase of more than 90% from 17,580 a decade ago, according to the latest research from Bank of Scotland.

Published 27 January 2020

Bank of Scotland: A third of Scots do not save any money

A third (34%) of adults in Scotland say they do not save any money, according to new research conducted by the Bank of Scotland.

Published 16 October 2019

New Possilpark homes opened by Hawthorn Housing Co-operative

Hawthorn Housing Co-operative has officially opened a development of 48 new homes in Possilpark.

Published 12 August 2019

North East developer delivers new homes with bank funding

Mintlaw housebuilder Claymore Homes is building 50 new residential properties in Cairnbulg near Fraserburgh with support from a six-figure funding package from Bank of Scotland.

Published 25 April 2019

Number of Scottish first-time buyers more than doubles in a decade

The number of first-time buyers in Scotland has grown by more than 50% in a decade, according to research.

Published 4 March 2019

Price per square metre of Scottish homes unveiled in new report

The amount of space house buyers get for their money in different parts of the country has been considered in a new report from the Bank of Scotland.

Published 21 August 2018

Percentage of disposable income Scots spend on mortgage payments nearly halves in a decade

Homeowners in Scotland pay a fifth (20%) of their disposable income towards their mortgage each month, according to new Bank of Scotland research, almost half of the proportion paid out in 2007.

Published 19 March 2018

Scotland’s Second Steppers face a £115,000 price gap to move up the housing ladder

First-time sellers looking to take their second step on the property ladder need to find an extra £114,659, according to Bank of Scotland’s Second Stepper report.

Published 7 March 2018