Credit crunch hits home as mortgages drop by 34%
Aug 21st, 2008 | By RT Staff | Category: International RealtyThe Scottish housing market has suffered a severe downturn with the number of loans taken out by homebuyers falling by more than a third in a year. The figures appear to contradict comments made recently by Alex Salmond, the First Minister, who described the market as “relatively stable”.
There were almost 10,000 fewer people who obtained [...]