1 Apr 2025
The most inexpensive areas for first-time buyers
Following the end of stamp duty relief in England and Northern Ireland, those looking to purchase their new home will be required to pay 5% on properties costing between £300,000 - £500,000, with no relief over £500,000 for first-time buyers.
According to Rightmove, a typical first-time buyer will be paying £940 for their mortgage, compared with £590 per month back in 2020.
With these financial obstacles in mind, we have detailed the cheapest areas that may appeal to first-time buyers who are keen to get onto the property ladder.
| Area | Average asking price for a first-time home buyer |
| Kilmarnock, Ayrshire | £84,325 |
| Greenock, Inverclyde | £88,862 |
| Grimsby, Lincolnshire | £93,427 |
| Blackpool, Lancashire | £93,711 |
| Middlesbrough, North Yorkshire | £95,473 |
| Hartlepool, Tees Valley | £99,570 |
| Paisley, Renfrewshire | £99,570 |
| East Kilbride | £100,814 |
| Ayr, Ayrshire | £101,391 |
| Burnley, Lancashire | £102,848 |
To find out how much your monthly payments will cost you, take a look at our mortgage calculator.
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