Lloyds has analyzed official figures and recent Office for National Statistics data to determine the most affordable locations in Britain for first-time buyers. The results suggest that East Ayrshire, Scotland, is the winner, with the average cost of a home for first-time buyers at £147,353. This is significantly less than the average cost of a home in England across all buyer categories and elsewhere in Scotland.
It is tough to get on the property ladder in Britain for less than £150,000, but that is possible in East Ayrshire , Scotland , which has been crowned the most affordable location in Britain for first-time buyers , according to Lloyds.
Across East Ayrshire, the average cost of a home for first-time buyers is £147,353 - £142,647 less than the average cost of home, at £290,000, in England across all buyer categories. Properties aimed at first-time buyers in East Ayrshire are also nearly £40,000 cheaper than elsewhere in Scotland, recent Office for National Statistics figures show. The key town in East Ayrshire is Kilmarnock, historically famous for its shoe industry.
East Ayrshire is also home to many castles, historic houses, and estates, including Dumfries House and Dean Castle Country Park. Excluding auction options, online property portals currently show houses with at least two bedrooms available in East Ayrshire for around £50,000
Britain East Ayrshire Scotland First-Time Buyers Property Costs Offshore Houses A Recount Of Official Data
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