Scotland’s most expensive regions for first-time buyers have been revealed in a recent study.
The data, published by Bank of Scotland, looked at the average price of properties in certain areas and the house price to average earnings ratio.
Midlothian came out as the most expensive area to buy a property with City of Edinburgh and East Lothian falling closely behind.
The cost of a first home has risen 42 per cent in the last decade, with the average price of a first-time buyer property increasing from £108,774 in 2010, to £154,449 today with Scottish first-time buyer properties seeing a 4 per cent rise in the last year alone.
The number of first-time buyers in Scotland is at a seven-year low falling over a third (35 per cent) since last year, as many reconsider their options in the wake of the pandemic, according to the study.
9. Angus
Angus properties average at £142,943 with the house price to average earning ratio at 4.5 making it one of the least affordable places to buy this year. Picture: Brechin Castle, Angus Photo: JPI Media
10. Perth and Kinross
Perth and Kinross is the tenth least affordable place for first-time buys in the country with properties averaging £163,013 and the house price to average earnings ratio is 4.4. Picture: Perth and Kinross Photo: JPI Media