Scottish city named the cheapest for first-time buyers

Primary Author or Creator:
Andrew Smart
Publisher:
The National
Date Published:
Alternative Published Date
2024
Type of Resource:
Article
Fast Facts

A SCOTTISH city has been named the cheapest place in the UK for first-time buyers

More details

... the asking price of a home averaging around £102,000.

Aberdeen took the top spot, while one Dundee also made it into the top 10.

Meanwhile another Scottish city made the opposite list, with Edinburgh dubbed one of the most expensive cities for those looking to join the property ladder.

Rightmove’s property expert Tim Bannister said: “These latest figures highlight why so many people remain determined to get onto the ladder, as the soaring costs of renting has meant buying has remained attractive even with higher mortgage rates.

English