Lochgelly On the Map As a Cheap Place to Buy but Scots Are Missing Out On Mortgage Deals

The ScotsmanApril 14, 2007

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Summary


YOU might find it hard to believe but Scotland is still the cheapest place in the UK to buy a house.

People struggling to get on the housing ladder in Aberdeen or Edinburgh, for example, may be choking on their breakfast reading this, but five out of the ten most affordable towns for key workers are north of the Border.

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Lochgelly On the Map As a Cheap Place to Buy but Scots Are Missing Out On Mortgage Deals

New research from HBOS identified Lochgelly as the cheapest town in the UK.

It revealed the price earnings ratio is at most 4.1 for people buying in the Fife town....

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