Proportion of income needed for home-mover mortgages in Scotland lower than anywhere else in the UK

Home movers in Scotland in the second quarter of 2010 needed to use less of their income to cover their mortgage interest than anywhere else in the UK, according to new data by the Council of Mortgage Lenders. The proportion fell to 9.3%, the lowest share anywhere in the UK since 1996.

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Article by the Council of Mortgage Lenders.
Data sourced from the CML/BankSearch Regulated Mortgage Survey.