First-time buyers are more and more looking to transfer to cities, with coastal areas experiencing flat demand, a report has discovered.
According to evaluation from Rightmove, which in contrast information between January and May 2015 and the identical interval in 2025 for first-time purchaser enquiries, the variety of potential first-time buyers looking to transfer to cities is up by 16%.
There is variation between cities, with Dundee seeing essentially the most vital enhance in first-time purchaser enquiries, going up by 176% over the interval.
This was adopted by Edinburgh with a 91% enhance and Doncaster with a 74% rise.
Location
Change in first-time purchaser demand in 2025 versus 2015
(0-2 bed room houses)
Dundee
+176%
Edinburgh
+91%
Doncaster
+74%
Liverpool
+73%
Plymouth
+71%
Glasgow
+65%
Preston
+63%
Winchester
+51%
Newcastle upon Tyne
+38%
Newport, South Wales
+29%
The report discovered that, on common, the variety of future first-time buyers looking to transfer to coastal areas is flat in contrast to 10 years in the past.
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Rightmove added that London has bucked town pattern, as demand is down 7% in contrast to a decade in the past. This was attributed to home costs.
The report stated metropolis and coastal places have grown in value by 41% over the past decade.
Colleen Babcock, Rightmove’s property professional, stated: “We’ve seen plenty of modifications to the property market over the past 10 years. Perhaps most notably is in the course of the pandemic, when many individuals briefly left cities and appeared to the coast or countryside.
“Comparing the place we are actually versus a decade in the past, it seems like there’s much more attraction from potential first-time buyers to dwell in cities, although the info does present that it might differ fairly broadly from metropolis to metropolis, and it’ll additionally rely how first-time purchaser pleasant a selected location is, by way of the kind of houses which might be accessible on the market.
“Coastal areas haven’t seen the identical degree of progress as cities from such a purchaser, and once more it could be partly due to the supply of appropriate houses in these areas for first-time buyers in addition to affordability.”