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14,000 drop in mortgages as property market slows

Fresh evidence of a slowdown in the Scots property market has emerged with 14,000 fewer mortgages taken out in the first six months of 2008 when compared with the same period last year.

FRESH evidence of a slowdown in the Scots property market has emerged with 14,000 fewer mortgages taken out in the first six months of 2008 when compared with the same period last year.