City living is becoming increasingly unaffordable across the UK, according to new research by Lloyds Bank. 

There was a sharp rise in the number of first-time buyers entering the market in 2017, despite having to put down a deposit that is more than double what was required ten years ago. 

The average price of a residential property in Scotland reached £145,992 in November 2017, according to the latest UK House Price Index. This is a rise of 3.6% compared to November last year, and an increase of 1.1% compared to the previous month. 

New research by Bank of Scotland and Lloyds Bank has revealed where the most expensive streets in Britain are currently located. 

Home ownership continues to be an aspiration for many young adults in the UK, but new research has found that some are not sure whether it will ever be achievable for them.