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The Independent UK
The Independent UK
National
Ryan McDougall

Scottish Labour warns home ownership will become unaffordable as prices soar

Scottish Labour the Office for National Statistics Mark Griffin ShirleyAnne Somerville SNP the UK Government Interest Rates the Scottish Government Westminster
PA Wire

Scottish Labour has warned that home ownership is becoming “out of reach” as house prices and interest rates soar.

The party was reacting to figures revealed by the Office for National Statistics, which showed the average house prices in Scotland rose by £23,929 between May 2021 and May 2023.

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