Scotland’s most affordable areas to purchase a property for first-time buyers have been revealed in a recent study.
Among those regions considered best for the more frugal house hunters include Ayrshire, Renfrewshire and West Dunbartonshire.
The study, done by Bank of Scotland, revealed the number of first-time buyers in Scotland is at a seven-year low, falling more than a third (35 per cent) since last year, as many reconsider their options in the wake of the pandemic.
It also showed that in the first six months of this year there were 10,158 first-time buyers, compared to 15,570 over the same period last year.
This is the lowest number of buyers taking their first step onto the property ladder since 2013.
Here are the ten most affordable areas to purchase a home this year:
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5. West Dunbartonshire
Properties for first time buyers in West Dunbartonshire average at £112,970 and the house price to average earnings ratio is 3.6 making the area the fifth most affordable area to buy a home in the country. Picture: The Carmelite Monastery in Dumbarton, West Dunbartonshire Photo: JPI Media

6. Inverclyde
Inverclyde is one of the most affordable regions in Scotland this year for first time buyers where properties average at £115,403. The house price to average earnings ratio is at 3.7. Picture: Greenock, Inverclyde . Photo: JPI Media

7. South Lanarkshire
In South Lanarkshire, property prices average at £135,975 making it the seventh most affordable area in Scotland for first time buyers. The house price to average earnings ratio is 3.8. Picture: South Lanarkshire Photo: JPI Media

8. North Lanarkshire
Just next door, North Lanarkshire takes eighth place for being the most affordable place in Scotland to buy a home for first time buyers where properties average at £122,291and the house price to average earnings ratio is also 3.8. Picture: North Lanarkshire Photo: JPI Media

