How Much Deposit Do You Need to Buy in Dyce?
On the £190,000 Dyce average, a 5% deposit is £9,500, 10% is £19,000 and 15% is £28,500. The gap between those three numbers usually decides your interest rate, not your application.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
On the £190,000 Dyce average, a 5% deposit is £9,500, 10% is £19,000 and 15% is £28,500. The gap between those three numbers usually decides your interest rate, not your application.
Where the rate bands sit on a Dyce purchase
Lenders price in bands. Crossing from 95% to 90% borrowing, then to 85%, usually moves you to a cheaper rate. On the local average those thresholds are £9,500, £19,000 and £28,500.
The monthly difference is real. Borrowing 95% costs about £1,055 a month on our illustration, against £944 at 85%. That is £1,333 a year, before any rate difference between the bands is counted.
Deposit levels on the Dyce average price
The commercial page for this town sets out the introduction itself: Mortgage advice in Dyce.
The years behind the deposit figure
Buying at the £190,000 Dyce benchmark needs household income of about £42,000, on the lending multiples used in our town guide. A household on that income saving a tenth of it puts away £4,200 a year.
At that rate a 10% deposit of £19,000 takes about 5 years.
The cash that is not the deposit
The deposit is not the only cash you need. Budget for survey, conveyancing, searches and moving.
Band D council tax in Aberdeen is £1,748 a year, and lenders count committed outgoings when they size your loan.
What else Dyce buyers should know
The schools families ask about here are Dyce Academy, Dyce Primary School, Dyce cluster primaries, Roman Catholic provision (Aberdeen) and Aberdeen independent schools (nearby). Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Dyce to Aberdeen city centre (by train) takes about 10 min.
By price, Dyce ranks 3 of the 3 Aberdeen locations we cover, at £190,000 against a county average of £286,667. Band D council tax here is £1,748, against an average of £1,748 across the towns we cover in the county.
What each budget buys in Dyce
Dyce is a northern Aberdeen suburb at the airport and North Sea energy heliport, well-connected, mid-market, working.
The full local guide covers schools, transport and the market in detail: Dyce property and area guide.
An income requirement near £42,000 keeps this within reach of a single strong income or a modest joint one. That is unusual and worth knowing.
| Budget | What it buys here |
|---|---|
| Around £80,000 to £150,000 | A flat or apartment, the most accessible way into the market, popular with first-time buyers, investors and airport and energy workers. |
| Around £150,000 to £250,000 | A terrace, a semi or a family home on the estates and older suburbs, the heart of the Dyce market. |
| £250,000 and above | A larger or newer detached home on the estates or the greener edges, the top of the local market. |
Dyce is known locally for Aberdeen International Airport & the heliport, and The Dyce Symbol Stones. Dyce is the home of the region's airport and the world's busiest commercial heliport, the hub for helicopter flights to the North Sea platforms, and the reason Dyce is at the heart of the energy industry.
Practical detail for Dyce: the AB21 postcode district, yes, Dyce station on the Aberdeen to Inverness line (direct Aberdeen ~10 min); a genuine asset and nearest A and E is Aberdeen Royal Infirmary (ARI), Foresterhill, the city's and region's full 24-hour blue-light A&E, a short drive.
Airport, heliport & energy workers
People working at Aberdeen International Airport, the North Sea heliport, or the Kirkhill and ABZ energy business parks, where much of the suburb's employment is right on the doorstep.
Commuters
People who want a railway station of their own, direct trains into Aberdeen in about ten minutes and on the Inverness line, a rarity among Aberdeen suburbs, plus the AWPR and A96.
First-time buyers & value seekers
People after affordable, well-connected housing in an Aberdeen-city suburb, below the prices of the western belt, with the Scottish LBTT first-time-buyer relief (nil to £175,000) meaning many pay no purchase tax.
Dyce at a glance
| Deposit level | Dyce figure |
|---|---|
| 5% deposit | £9,500 |
| 10% deposit | £19,000 |
| 15% deposit | £28,500 |
| Monthly at 95% borrowing | £1,055 |
| Monthly at 90% borrowing | £1,000 |
| Monthly at 85% borrowing | £944 |
| Income needed at the benchmark price | £42,000 |
| Years to save 10% at a tenth of that income | 4.5 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Dyce
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Which lender band your deposit actually reaches
- Any gifted deposit letter, prepared early
- Committed outgoings cleared before the application
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Dyce
Broadband speeds can vary street by street in Dyce, 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 deposit do I need to buy in Dyce?
Can I buy with a 5% deposit here?
Does a bigger deposit beat a longer term?
How do I check broadband speed at a property in Dyce?
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