Home-ownership is the long-term tenure of choice for most Scottish adults, according to findings released by the Council of Mortgage Lenders based on a survey undertaken by YouGov.
The survey found that around 78% of adults in Scotland would like to be home-owners in ten-years-time, on a par with the rest of Great Britain.
In the shorter term, 46% of those surveyed would like to buy a new home in the next two-three years (either first home or subsequent), and 37% of these think it is likely that they will be able to do so.
Separate data released by the CML shows an increase in lending to first-time buyers in Scotland in the first quarter compared to the same period last year, while home mover lending and remortgage lending was subdued.
"With most adults in Scotland still viewing home-ownership as their tenure of choice and with more high loan-to-value mortgages now available, conditions for borrowers looking to either buy or move home are continuing to improve,” commented Iain Malloch, chair of CML Scotland.
"The announcement of a new-build shared equity scheme, the continuation of MI New Home and the launch of the Help to Buy scheme next year, should provide a further boost to the Scottish mortgage market."
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