With house prices and mortgage rates rising, it has become even more difficult for first-time buyers to get on the property ladder. In Greater Manchester, the average price of a home is now £257,700 which has gone up by 16 percent since the peak in 2020.
Government schemes such as Help to Buy and the recent news of Skipton Building Society's 100 percent mortgage with no deposit are incentives that are aiming to help make buying your first home more affordable.
It also helps to know which areas have the lowest average house price when it comes to looking where to buy your first home. Here we have found all of the areas in each of Greater Manchester's 10 boroughs where house prices fall below the average, making the first step onto the property ladder much more affordable.
