The Real Cost of Buying a First Home in Hawick
A first purchase at the £135,000 Hawick average needs about £16,800 in cash, made up of £13,500 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 £135,000 Hawick average needs about £16,800 in cash, made up of £13,500 deposit, £0 LBTT with first time buyer relief, and roughly £3,300 in fees.
Every pound you need before completion in Hawick
On the local average the deposit is £13,500, LBTT is £0 and fees are near £3,300. Total cash needed is about £16,800.
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 Hawick.
Borrowing power on a Hawick income
Running costs from week one
Band D council tax in Scottish Borders is £1,619 a year, which is £135 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 Hawick detail first buyers ask about
The schools families ask about here are Hawick High School, Burnfoot Community School, Drumlanrig St Cuthbert's Primary School, Trinity Primary School and Stirches Primary School. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Hawick to Tweedbank (nearest station) takes about ~40 min drive.
By price, Hawick ranks 15 of the 15 Scottish Borders locations we cover, at £135,000 against a county average of £222,000. Band D council tax here is £1,619, against £1,619 across the county.
What your money buys in Hawick
Hawick is the historic capital of Scottish knitwear & cashmere, a proud, affordable town on the Teviot in the remote southern Borders.
The full local guide covers schools, transport and the market in detail: Hawick property and area guide.
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.
| Budget | What it buys here |
|---|---|
| Around £50,000 to £95,000 | A mill-town or town-centre flat, the most accessible way into the property market anywhere in the Borders, popular with first-time buyers and investors. |
| Around £95,000 to £200,000 | A terrace, a semi or a family home in the town, the heart of the affordable Hawick market. |
| £200,000 and above | A detached or larger home, an older villa or a property in the greener suburbs and Teviotdale, the top of the local market, still modest by Borders standards. |
- Among the lowest house prices in the whole Scottish Borders, real value
- World-class knitwear and cashmere heritage, Hawico, Johnstons, Lovat and the mill shops
- Wilton Lodge Park, the Common Riding and Teviotdale on the doorstep
- A simple Scottish council-tax bill, no police, fire or community precept
- A major flood-protection scheme (c.2023) has much improved the Teviot defences
- No railway, the nearest station is Tweedbank, about 40 minutes' drive north
- The knitwear industry is much reduced from its peak, only the premium end survives
- The remote southern Borders, a fair way from a city, and a car is effectively essential
- Scottish Water is a separate charge added to the same bill (~£652 at Band D)
- The River Teviot has a real flood history, a flood and insurance check remain essential near the river
Hawick is known locally for The capital of Scottish cashmere, and The knitwear & cashmere mills. Hawick is the historic home of the Scottish knitwear and cashmere industry, world-renowned names such as Hawico and Johnstons of Elgin still spin and knit here, and the town's name is a byword for fine knitwear.
Practical detail for Hawick: the TD9 postcode district, none in the town, nearest station Tweedbank (~40 min drive north); a Hawick to Carlisle extension is aspirational, not committed and nearest A and E is Borders General Hospital, Melrose, the region's A&E, about a 25 to 30 minute drive north.
Hawick at a glance
| Upfront cost | Hawick figure |
|---|---|
| Average price | £135,000 |
| Deposit at 10% | £13,500 |
| LBTT, first time buyer | £0 |
| LBTT, standard rate | £0 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £16,800 |
| Monthly repayment illustration | £710 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Hawick
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £16,800, not just the deposit
- Your LBTT position confirmed on revenue.scot
- A first year running cost budget including £1,619 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 Hawick
Broadband speeds can vary street by street in Hawick, 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 Hawick?
Do first time buyers pay LBTT in Hawick?
What is the biggest hidden cost?
How do I check broadband speed at a property in Hawick?
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