The Real Cost of Buying a First Home in Tenby
A first purchase at the £340,000 Tenby average needs about £44,200 in cash, made up of £34,000 deposit, £6,900 Land Transaction Tax, 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 £340,000 Tenby average needs about £44,200 in cash, made up of £34,000 deposit, £6,900 Land Transaction Tax, and roughly £3,300 in fees.
Every pound you need before completion in Tenby
On the local average the deposit is £34,000, Land Transaction Tax is £6,900 and fees are near £3,300. Total cash needed is about £44,200.
Wales has no first time buyer relief, so Land Transaction Tax is the full £6,900 at this price. Land Transaction Tax is collected by the Welsh Revenue Authority. Confirm the current rates on gov.wales before you complete.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Tenby.
What you can borrow against local incomes
What the first year actually costs
Band D council tax in Pembrokeshire is £2,204 a year, which is £184 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 Tenby detail first buyers ask about
The schools families ask about here are The Greenhill School (Ysgol Greenhill), Tenby Church in Wales VC School, Ysgol Caer Elen (Welsh-medium option), Pembrokeshire College (Coleg Sir Benfro) and Portfield School. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Tenby to Carmarthen takes about ~50 to 60 min.
By price, Tenby ranks 1 of the 6 Pembrokeshire locations we cover, at £340,000 against a county average of £240,833. Band D council tax here is £2,204, against £2,182 across the county.
What your money buys in Tenby
Tenby is the walled medieval seaside resort of south Pembrokeshire, inside the Pembrokeshire Coast National Park.
The full local guide covers schools, transport and the market in detail: Tenby property and area guide.
Wales has no first time buyer relief, so Land Transaction Tax applies at the normal rates. Homes up to £225,000 pay none.
| Budget | What it buys here |
|---|---|
| Around £150,000 to £250,000 | A flat or apartment, the more accessible way into Tenby, popular as a bolthole, downsizer home or holiday flat. |
| Around £250,000 to £500,000 | An edge-of-town or terraced home, or a Georgian/Victorian townhouse in and around the walled town, the heart of the Tenby market. |
| £500,000 and above | A sea-view, harbour or walled-town home in a prime position, the top of the local market. |
- One of Britain's finest seaside resorts, walled town, harbour, three beaches & the National Park
- A genuine railway station on the West Wales line to Carmarthen & Swansea
- Caldey Island, the Tudor Merchant's House & the coast path on the doorstep
- A wonderful lifestyle & downsizer choice by the sea
- Estyn-inspected schooling (The Greenhill School) & the beaches for families
- The county's premium market, prices well above the working towns
- A very high second-home & holiday-let share, quieter out of season, and a substantial council-tax premium on second homes
- No hospital or full A&E in the town, genuinely rural; verify the position with the NHS
- The 182-day self-catering letting rules & the additional-property LTT surcharge are material for holiday buyers
- In the far south-west, Cardiff and the M4 are a long haul
Tenby is known locally for The walled seaside resort, and Caldey Island & the harbour. Tenby's medieval town walls, harbour and pastel Georgian houses, one of the most photographed and best-loved seaside towns in Britain.
Practical detail for Tenby: the SA70 postcode district, Tenby, on the West Wales line branch (Whitland to Pembroke Dock) to Carmarthen & Swansea and nearest A and E is No hospital in Tenby; Withybush (Haverfordwest, emergency dept, reconfigured) ~30 to 40 min; fullest consultant-led A&E often at Glangwili, Carmarthen, verify with NHS.
Tenby at a glance
| Upfront cost | Tenby figure |
|---|---|
| Average price | £340,000 |
| Deposit at 10% | £34,000 |
| Land Transaction Tax | £6,900 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £44,200 |
| Monthly repayment illustration | £1,789 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Tenby
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £44,200, not just the deposit
- Your Land Transaction Tax position confirmed on gov.wales
- A first year running cost budget including £2,204 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 Tenby
Broadband speeds can vary street by street in Tenby, 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 Tenby?
Do first time buyers pay Land Transaction Tax in Tenby?
What is the biggest hidden cost?
How do I check broadband speed at a property in Tenby?
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