Bank Of Scotland

Scotland’s potential ‘Mortgage Freedom Day’, the date when the average new borrower will have paid off their annual mortgage amount if all their earnings from January 1 are devoted to mortgage payments alone, is two days later than it was last year. Based on the average Scottish annual mortgag

New research from Bank of Scotland has concluded that first-time buyers in Scotland are on average £860 a year better off than those who rent. According to the bank’s Buying versus Renting Review, the average monthly costs (including mortgage payments) associated with buying a three-bedroom house

Kirkwood Homes managing director Colin Crombie (left) and Graham Fiddes BOS relationship manager in front of a Kirkwood site Aberdeen-based housebuilder Kirkwood Homes has announced plans to acquire six new sites in 2017 as it expands its operations to Inverness and Dundee.

Rising house prices have driven a deterioration in home affordability in Scottish cities for a third consecutive year, according to a Bank of Scotland report. The bank’s Affordable Cities Review found that the average Scottish city house price has risen by three per cent, from £176,009 in 2015 to

Purchasing a property is a better move than renting for Scottish first-time buyers, research by Bank of Scotland has found. The average monthly buying cost, including mortgage payments, associated with a first-time buyer buying a three bedroom house stood at £525 in December 2015; £120 (or 19 per