Those hoping to buy a house in Scotland may be interested in the advice offered by a housing industry expert over buying with unsecured loans. Iammoving.com has advised homebuyers against using unsecured loans to buy property in the current market. Peter Beckett, business development director, said that this is particularly relevant for people stepping onto the housing ladder for the first time, which may be significant to Scottish first-time buyers. He said: “The whole housing market is at quite a turning point I think, whereby the prices are coming down and first-time buyers are looking for ways to be able to manage to get on to the ladder.” Mr Beckett went on to say that unsecured debt is a “dangerous” option unless the house-buyer is “extremely confident” about their job security. Gross lending in the UK slowed by eight per cent in the first quarter of 2008, according to the Council of Mortgage Lenders.