The Real Cost of Buying a First Home in Fraserburgh
A first purchase at the £140,000 Fraserburgh average needs about £17,300 in cash, made up of £14,000 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 £140,000 Fraserburgh average needs about £17,300 in cash, made up of £14,000 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
The full cash number for Fraserburgh
On the local average the deposit is £14,000, LBTT is £0 and fees are near £3,300. Total cash needed is about £17,300.
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 Fraserburgh.
Where local earnings cap the purchase price
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 costs that start the day you move in
Band D council tax in Aberdeenshire is £1,686 a year, which is £141 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.
The Fraserburgh detail first buyers ask about
The schools families ask about here are Fraserburgh Academy, Fraserburgh South Park School, Fraserburgh North School, Fraserburgh cluster primaries and North East Scotland College, Fraserburgh Campus. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Fraserburgh to Aberdeen (by road) takes about ~1 hr drive.
By price, Fraserburgh ranks 25 of the 25 Aberdeenshire locations we cover, at £140,000 against a county average of £217,600. Band D council tax here is £1,686, against £1,686 across the county.
What your money buys in Fraserburgh
Fraserburgh is "The Broch", a working fishing port at the north-east tip, with the Lighthouse Museum and a surf beach; very affordable.
The full local guide covers schools, transport and the market in detail: Fraserburgh property and area guide.
| Budget | What it buys here |
|---|---|
| Around £35,000 to £85,000 | A tenement or town-centre flat, the most accessible way into the market, popular with first-time buyers, investors and fishing and marine workers. |
| Around £85,000 to £190,000 | A terrace, a semi or a family home on the newer estates, the heart of the Fraserburgh market. |
| £190,000 and above | A detached or larger home on the estates, the greener edges or the nearby coastal villages, the top of the local market. |
- One of Scotland's great fishing ports, a genuine working economy
- Among the most affordable towns in Aberdeenshire
- The Museum of Scottish Lighthouses and a long surfing beach
- A simple Scottish council-tax bill, no police, fire or community precept
- A dramatic Moray Firth coast and a strong Doric community
- Remote north-east-tip location with no railway station, Aberdeen is about an hour away
- Nearest full 24-hour blue-light A&E is Aberdeen Royal Infirmary, not in the town
- The local economy is exposed to the fishing cycle, with real deprivation in parts of the town
- Scottish Water is a separate charge added to the same bill (~£652 at Band D)
- Older stock and salt-air exposure need a survey; northern weather
Fraserburgh is known locally for One of Scotland's great fishing ports, and Museum of Scottish Lighthouses. Fraserburgh is a major centre for pelagic and shellfish landings, the harbour and the fish market are the working heart of the town and the source of much of its identity and employment.
Practical detail for Fraserburgh: the AB43 postcode district, none, Fraserburgh has no railway station (line closed 1965); buses to Aberdeen (~1h15) and nearest A and E is Aberdeen Royal Infirmary (ARI), Aberdeen, the nearest full 24-hour blue-light A&E (~1 hr); Fraserburgh Hospital is a community hospital.
Fraserburgh at a glance
| Upfront cost | Fraserburgh figure |
|---|---|
| Average price | £140,000 |
| Deposit at 10% | £14,000 |
| LBTT, first time buyer | £0 |
| LBTT, standard rate | £0 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £17,300 |
| Monthly repayment illustration | £737 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Fraserburgh
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £17,300, not just the deposit
- Your LBTT position confirmed on revenue.scot
- A first year running cost budget including £1,686 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 Fraserburgh
Broadband speeds can vary street by street in Fraserburgh, 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 Fraserburgh?
Do first time buyers pay LBTT in Fraserburgh?
What is the biggest hidden cost?
How do I check broadband speed at a property in Fraserburgh?
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