The Real Cost of Buying a First Home in Buckie
A first purchase at the £145,000 Buckie average needs about £17,800 in cash, made up of £14,500 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
A first purchase at the £145,000 Buckie average needs about £17,800 in cash, made up of £14,500 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
Every pound you need before completion in Buckie
On the local average the deposit is £14,500, LBTT is £0 and fees are near £3,300. Total cash needed is about £17,800.
At this price no LBTT is due. LBTT rates are set by the Scottish Government and collected by Revenue Scotland. Confirm the current position on revenue.scot before you complete.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Buckie.
What you can borrow against local incomes
Running costs from week one
Band D council tax in Moray is £1,731 a year, which is £144 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
In Scotland first time buyer relief raises the LBTT nil rate band to £175,000, worth up to £600. There is no upper price limit on the relief.
The Buckie detail first buyers ask about
The schools families ask about here are Buckie High School, Cluny Primary School, Millbank Primary School (Buckie), St Peter's RC Primary School and Portessie / Findochty area primaries. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Buckie to Elgin takes about ~25 to 30 min drive.
By price, Buckie ranks 10 of the 10 Moray locations we cover, at £145,000 against a county average of £183,500. Band D council tax here is £1,731, against £1,731 across the county.
What your money buys in Buckie
Buckie is a Moray Firth fishing-port town on the Banffshire coast, a working harbour, real heritage, and the base for the Moray offshore wind farms.
The full local guide covers schools, transport and the market in detail: Buckie property and area guide.
| Budget | What it buys here |
|---|---|
| Around £60,000 to £120,000 | A flat or a harbour cottage, the most accessible way into the town, popular with first-time buyers, downsizers and investors. |
| Around £120,000 to £200,000 | A terrace, a semi or a family home in the town or the coastal communities, the heart of the Buckie market. |
| £200,000 and above | A larger detached home or a newer house, the top of the local market, still affordable by wider standards. |
- An affordable, characterful working coastal town
- A working harbour and a proud fishing heritage
- A genuine modern role as the Moray offshore-wind base
- A simple Scottish council-tax bill, no police, fire or community precept
- The Moray Firth dolphins and the Banffshire coast on the doorstep
- No railway, buses and a car are your links (nearest rail Keith & Elgin)
- No full A&E in the town (nearest is Dr Gray's, Elgin, ~15 miles)
- Some Dr Gray's services reconfigured toward Aberdeen & Inverness, confirm current services
- Scottish Water is a separate charge (~£652 at Band D), and a second-home premium applies
- Harbour-side and low-lying homes need a coastal flood check
Buckie is known locally for Its fishing heritage, and Buckie Harbour. Buckie's fame as one of the great herring-fishing ports of the Moray Firth, with a large drifter fleet in its heyday and a proud coastal community strung along the shore.
Practical detail for Buckie: the AB56 postcode district, none in Buckie, nearest stations Keith (~12 miles) and Elgin (~15 miles) on the Aberdeen to Inverness line and nearest A and E is Dr Gray's Hospital, Elgin (~15 miles), Moray's main hospital with an A&E; some services reconfigured toward Aberdeen & Inverness.
Buckie at a glance
| Upfront cost | Buckie figure |
|---|---|
| Average price | £145,000 |
| Deposit at 10% | £14,500 |
| LBTT, first time buyer | £0 |
| LBTT, standard rate | £0 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £17,800 |
| Monthly repayment illustration | £763 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Buckie
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £17,800, not just the deposit
- Your LBTT position confirmed on revenue.scot
- A first year running cost budget including £1,731 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
Check broadband before you make an offer in Buckie
Broadband speeds can vary street by street in Buckie, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Buckie?
Do first time buyers pay LBTT in Buckie?
What is the biggest hidden cost?
How do I check broadband speed at a property in Buckie?
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