Free Mortgage Quote - Click Here todays Best Mortgage Deals - Click here Free Mortgage Advice Smarter Mortgage Advice


Aberdeenshire Property Hotspot

A survey by the Bank of Scotland found that property in the Aberdeenshire town has risen by 35%

Inverurie along with Aberdeen and Edinburgh are the only places in Scotland where the average cost of a property is now over £200,000

The bank confirmed that the average price of a home in Scotland has risen by 14% during the past year to £141,000. This is 3.5% above the UK average.

Experts say that high prices in Aberdeen are creating a ripple effect on other towns in Aberdeenshire.

Councillor Richard Cowling fears that many local people in Inverurie are being priced out of the market. He said that many people were delighted that they own expensive houses but he feels that it will cause problems at the lower end of the market and for any one trying to get onto the property ladder.

He also said that a lot of young families were moving into the area, which is having an impact on schools.

There are also concerns with migrant workers who have been able to find work in Inverurie but are now priced out of the market.

Other services are affected such as the local GP practice and educational services .The GP practice is now the largest in Scotland.

VIEW ALL NEWS

 

 

 

NOTE: Do not make any financial decisions based on the information on this page. Always take professional mortgage advice first

 

 

 

Mortgagefox offers a free mortgage advice

 

If you have any questions do not hesitate to contact our independent mortgage advisors at Mortgagefox.

 


There is no obligation with any of these services, and both are offered completely free. If you have specific mortgage question you want to ask then we will be glad to help.

 

 

Value of Property  
£
(eg 135000) 
Value of Mortgage
£
(eg 85000) 
Type of Mortgage
 
 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on your mortgage.
Always seek professional mortgage advice before selecting a mortgage