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Manchester Tops List of First-Time Buyer Hotspots in Britain

Halifax's analysis reveals affordable housing and strong job market make Manchester a prime location for new homeowners.

  • Manchester leads with 75% of home purchases by first-time buyers, driven by economic growth and cultural attractions.
  • Slough ranks second with 73%, benefiting from rail connections to London and a growing tech sector.
  • Sandwell in the West Midlands also sees 73% of first-time buyers, attracted by low property prices and green spaces.
  • Cardiff and Glasgow are top choices in Wales and Scotland, respectively, due to affordable housing options.
  • Halifax's 'first-time buyer boost' allows eligible buyers to borrow up to 5.5 times their household income.
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