How Much Deposit Do You Need to Buy in Ellon?
On the £210,000 Ellon average, a 5% deposit is £10,500, 10% is £21,000 and 15% is £31,500. 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 £210,000 Ellon average, a 5% deposit is £10,500, 10% is £21,000 and 15% is £31,500. The gap between those three numbers usually decides your interest rate, not your application.
The deposit thresholds Ellon lenders price against
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 £10,500, £21,000 and £31,500.
The monthly difference is real. Borrowing 95% costs about £1,166 a month on our illustration, against £1,043 at 85%. That is £1,473 a year, before any rate difference between the bands is counted.
An income requirement near £47,000 keeps this within reach of a single strong income or a modest joint one. That is unusual and worth knowing.
Deposit levels on the Ellon average price
The commercial page for this town sets out the introduction itself: Mortgage advice in Ellon.
The years behind the deposit figure
Buying at the £210,000 Ellon benchmark needs household income of about £47,000, on the lending multiples used in our town guide. A household on that income saving a tenth of it puts away £4,700 a year.
At that rate a 10% deposit of £21,000 takes about 4 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 Aberdeenshire is £1,686 a year, and lenders count committed outgoings when they size your loan.
What else Ellon buyers should know
The schools families ask about here are Ellon Academy, Ellon Primary School, Auchterellon School and Ellon cluster primaries. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Ellon to Aberdeen (by road) takes about 25 to 30 min drive.
By price, Ellon ranks 15 of the 25 Aberdeenshire locations we cover, at £210,000 against a county average of £217,600. Band D council tax here is £1,686, against an average of £1,686 across the towns we cover in the county.
What each budget buys in Ellon
Ellon is a historic Formartine market town on the River Ythan, now one of the fastest-growing Aberdeen-commuter towns, home of BrewDog.
The full local guide covers schools, transport and the market in detail: Ellon property and area guide.
| Budget | What it buys here |
|---|---|
| Around £95,000 to £150,000 | A town-centre flat or smaller terrace, the most accessible way into the market, popular with first-time buyers and investors. |
| Around £150,000 to £270,000 | A terrace, a semi or a newer detached family home on the estates, the heart of the Ellon market, popular with commuters and families. |
| £270,000 and above | A larger, newer or country home near the town, the top of the local market. |
Ellon is known locally for The home of BrewDog, and The BrewDog brewery & DogTap. Ellon is the home of BrewDog, the well-known Scottish craft brewer, whose original brewery, headquarters and DogTap taproom are in the town, a genuine local employer and a modern part of Ellon's identity. See brewdog.com.
Practical detail for Ellon: the AB41 postcode district, none, Ellon has no railway station; nearest at Dyce and Aberdeen; commute by road or bus and nearest A and E is Aberdeen Royal Infirmary (ARI), Aberdeen, the nearest full 24-hour blue-light A&E (~16 miles); there is no A&E in the town.
Aberdeen commuters
People who want a modern home and an easy road commute to Aberdeen, about 25 to 30 minutes up the A90, using the AWPR bypass, for work in energy, healthcare, the university and the city's services.
Families
Families drawn to a modern academy and good primaries, plenty of newer family housing, parks and amenities, and the estuary and coast nearby, a genuinely popular family town.
First-time buyers & investors
People wanting newer estate homes or town-centre flats at the more accessible end, and investors drawn to strong commuter and BrewDog-linked rental demand, with LBTT relief helping many buyers.
Ellon at a glance
| Deposit level | Ellon figure |
|---|---|
| 5% deposit | £10,500 |
| 10% deposit | £21,000 |
| 15% deposit | £31,500 |
| Monthly at 95% borrowing | £1,166 |
| Monthly at 90% borrowing | £1,105 |
| Monthly at 85% borrowing | £1,043 |
| Income needed at the benchmark price | £47,000 |
| 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 Ellon
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 Ellon
Broadband speeds can vary street by street in Ellon, 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 Ellon?
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 Ellon?
Read next
Your home may be repossessed if you do not keep up repayments on your mortgage.