Summary
HOME owners will today be bracing themselves as higher mortgage bills will begin dropping onto doormats later this week. But there is more gloomy news ahead. House price inflation in Scotland has peaked and the market is heading for a slowdown, according to a Scotland on Sunday survey of property experts.
Scottish property price inflation has outstripped the rest of the UK for more than two years: since the beginning of 2004, house prices north of the Border have risen 41 per cent, while prices in the UK as a whole (including Scotland) have climbed 28 per cent.See the full content of this document
Extract
Cold Comfort After Heated House Prices
The Halifax property index says a typical home now costs nearly 15 per cent more against the same period 12 months ago, with a price tag of GBP 121,560 compared with GBP 107,294 last year.
But most experts believe the boom days are almost over - that inflation will ca...See the full content of this document
Sponsored links
