Briefing sheet which looks at the issues homeowners face in Scotland.
Homeowners in Scotland are facing a ‘perfect storm’ in the housing market – house prices are falling, home equity is disappearing, fixed-term mortgages are ending and there are fewer mortgage deals available.
The effect is that homeowners are struggling to meet their mortgage obligations and are at an increased risk of losing their home
Publication date:
December 2008
Publication type:
Policy
Number of pages:
2
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