A study from Barclays Mortgages discovered that 93 per cent of parents who lived in Scotland’s capital were happy in their current property, the highest percentage across the entire UK.

The latest quarterly housing statistics reported that 8,767 affordable homes were delivered throughout Scotland for the year up to September 2018; a 21% increase on the 7,271 completions during 2017.

A new tax relief came into force in Scotland on 30th June that will help first-time buyers purchase their first home. 

New research from M&S Bank has found that buying with multiple friends or siblings is becoming an increasingly popular option for young, aspiring homeowners. Around 60% of those aged 18-35 said they would consider taking out a mortgage as a group to make home ownership a reality, compared to 26% of people aged over 36. 

There has been a significant rise in the average price of flats in the UK over the last five years, with average prices rising from £157,061 in 2013 to £232,135 in 2018. This is equivalent to £1,252 per month, research by Halifax has revealed.