New first-time buyer mortgage lending in Scotland fell in the second quarter of 2026, according to UK Finance’s Scotland Mortgage Factsheet.
Lenders advanced 8,670 new first-time buyer loans in Q2, 3.1% fewer than a year earlier. The value of that lending was £1,383 million, up 1.1% year on year. The average first-time buyer loan size was £159,455.
Typical loan terms look stretched: the average loan-to-value (LTV) was 83.8%, the average loan-to-income (LTI) ratio 3.13, and the payment-to-income ratio 20.4%.
Home-mover lending also softened. There were 7,890 new home-mover loans (−4.6% YoY), worth £1,646 million (−1.7% YoY), with an average loan of £208,606.