The 10 cheapest areas to buy your first house in the UK have been revealed, and two are only an hour away from Manchester.
After it was revealed that more than 70,000 home buyers across England are estimated to have missed the stamp duty relief deadline, which means that they’ll now be required to fork out thousands of pounds extra as of yesterday (1 April), the cheapest places to get your foot on the property ladder in 2025 have now been named.
While the end of the stamp duty relief will mostly affect those who had already previously purchased properties, first time buyers are sadly not exempt, as their current stamp duty threshold of £425,000 has now fallen back to £300,000.
So if you’re looking to buy your first home, this is a list to keep a close eye on.
The top 10 cheapest UK areas for first time buyers have been revealed / Credit: Pavel Danilyuk (via Pexels)
Property platform Rightmove has crunched the numbers and come up with a top 10 list for those on a budget and considering lower-priced areas they can move to, with the Scottish town of Kilmarnock in Ayrshire being named the cheapest area for a first time buyer to get onto the property ladder, as the average asking price for a typical first time buyer-type home here is just over £84,000.
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Scotland keeps on pulling through, as the twon of Greenock in Inverclyde is second on the list, with an average asking price of £88,862, followed by Grimsby in third at £93,427.
As far as the North West is concerned, no residential areas in Greater Manchester have made the cut this time around, but the region’s two representatives on the list are only around an hour away from Manchester.
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Top 10 cheapest UK areas for first time buyers
Kilmarnock – £84,325
Greenock – £88,862
Grimsby – £93,427
Blackpool – £93,711
Middlesbrough – £95,473
Hartlepool £99,525
Paisley – £99,570
East Killbride – £100,814
Ayr – £101,391
Burnley – £102,848
You’ll have to cross over the border into Lancashire if you’re looking for a budget-friendly first time home, as Blackpool takes the fourth spot on the list, with an average price of £93,711, and Burnley also makes an appearance at number 10 with an average price of £102,848.
The North overall is pretty well-represented, with other towns and cities such as Middlesbrough and Hartlepool featuring in the top 10, but according to the data, Scotland is by far the cheapest country to get on the property ladder in the UK.
Paisley, East Killbride, and Ayr also find themselves on the list lower down, as well as the two aforementioned Scottish towns in first and second place.
Experts at Rightmove explained that wage growth has unfortunately ‘outpaced’ the rise in average asking prices for first time buyer homes in the last five years, so while this has slightly increased the mortgage borrowing power of first time buyers, affordability is still said to remains ‘very stretched’ overall.
Featured Image – Benjamin Elliott (via Unsplash)
Property
Transformational plans set to be approved for ‘major’ new Manchester city centre park
Emily Sergeant
‘Transformational’ plans to regenerate an underused Manchester city centre site are set to be approved next week.
Following ‘overwhelming’ public support for proposals set out in a public consultation earlier this year – where more than 90% of respondents supported the key principles – Manchester City Council says its executive is expected approve an ambitious vision for the Water Street neighbourhood at a meeting next week (Weds 8 July).
The Water Street Strategic Regeneration Framework (SRF) is set to create a city centre district developed around a new urban park.
The SRF is described as being a ‘high-level blueprint’ for future investment that will guide development through the planning process.
The plans are comprised of a new landscape-led neighbourhood that combines homes – including 20% of them being ‘affordable’ – improved public spaces, enhanced walking and cycling connections, and ‘significant’ new green infrastructure centred around the River Medlock.
Sustainability was highlighted as an area of importance to local residents in the consultation, and to meet these demands, the plans include increased biodiversity, sustainable drainage features, and a largely car-free neighbourhood to support Manchester’s zero-carbon ambitions, as well as the new urban park being at the heart of it all.
The new neighbourhood will also offer plenty of new jobs, skills, and investment opportunities.
“The wider Water Street area has seen major regeneration in recent years with world-class investment at St John’s and Aviva Studios on its doorstep, alongside impressive residential developments,” explained Cllr Gavin White, who is Manchester City Council’s executive member for housing and regeneration.
“This renewed regeneration framework will help guide investment to bring this area up to the same ambitious level with new housing, including affordable housing to create an inclusive new neighbourhood, complemented by a brand-new city centre urban park.”
Featured Image – Manchester City Council (Supplied)
Property
UK’s most popular commuter towns named and four are in Greater Manchester
Emily Sergeant
The UK’s most popular commuter towns have been named, and four of them are here in Greater Manchester.
Where are the most popular commuter towns in the UK right now?
Well, new data collated based on the number of people enquiring about available properties on Rightmove has revealed the locations where buyer demand is highest, and with Manchester being one of the largest cities in the country, of course there’s some Greater Manchester towns on the list.
Rightmove says that choosing the best commuter town requires buyers to balance a number of factors – including property prices, travel times, and local lifestyle.
To narrow it down, the property platform has chosen to focus on commuter towns within a 45-minute rail journey to the target city, and with at least 20,000 people living there.
For Manchester, it’s Stockport that’s taken the title as the city’s most popular commuter town, as amazinly, it generated 70% more enquiries per listing than Manchester itself.
The UK’s most popular commuter towns have been named / Credit: James Feaver (via Unsplash) | Manchester City Council
Being just an eight-minute journey from Manchester Piccadilly, Stockport has an average property price of £308,299.
Elsewhere in Greater Manchester, the picturesque Stockport town of Marple takes second spot on the list, while the Tameside town of Stalybridge comes in third place, and Rochdale also features in the top five, alongside Warrington – which is just outside of our region’s borders, but is only a short 22-minute train journey into the city centre.
Transport options is obviously one of the most important factors in what makes a town a so-called ‘commuter town’.
Stockport benefits from around six fast trains per hour, while Stalybridge and Rochdale offer four per hour. Marple is less frequent at two per hour but still attracts strong interest, likely due to its lifestyle appeal and stunning setting on the edge of the Peak District.
Price growth has been strong across most of the Manchester commuter towns, with Stalybridge (+6.1%) and Rochdale (+5.8%) seeing notable increases year-on-year.
However, average prices for four out of the five commuter locations on the list were higher than the average Manchester property price (£261,891), suggesting that lifestyle factors were a stronger draw for Manchester’s surrounding towns.