How Much Deposit Do You Need to Buy in Fraserburgh?
On the £140,000 Fraserburgh average, a 5% deposit is £7,000, 10% is £14,000 and 15% is £21,000. 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 £140,000 Fraserburgh average, a 5% deposit is £7,000, 10% is £14,000 and 15% is £21,000. The gap between those three numbers usually decides your interest rate, not your application.
The deposit thresholds Fraserburgh 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 £7,000, £14,000 and £21,000.
The monthly difference is real. Borrowing 95% costs about £778 a month on our illustration, against £696 at 85%. That is £982 a year, before any rate difference between the bands is counted.
Deposit levels on the Fraserburgh average price
The commercial page for this town sets out the introduction itself: Mortgage advice in Fraserburgh.
Saving the deposit on a Fraserburgh income
Buying at the £140,000 Fraserburgh benchmark needs household income of about £31,000, on the lending multiples used in our town guide. A household on that income saving a tenth of it puts away £3,100 a year.
At that rate a 10% deposit of £14,000 takes about 5 years.
An income requirement near £31,000 keeps this within reach of a single strong income or a modest joint one. That is unusual and worth knowing.
What else the deposit has to cover
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 Fraserburgh buyers should know
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 an average of £1,686 across the towns we cover in the county.
What each budget 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. |
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.
Fishing & marine workers
People working in one of Scotland's great pelagic and shellfish fishing ports, the harbour, or the wider marine and engineering economy, where much of the town's employment is local.
First-time buyers & value seekers
People wanting a genuinely affordable terrace or town-centre flat or a family home on the estates, among the very best value in Aberdeenshire, with LBTT relief up to £175,000 for first-time buyers.
Coast & community lovers
People drawn to a real working coastal town with a fierce Doric identity, a long surfing beach and the Moray Firth coast, rather than a commuter dormitory.
Fraserburgh at a glance
| Deposit level | Fraserburgh figure |
|---|---|
| 5% deposit | £7,000 |
| 10% deposit | £14,000 |
| 15% deposit | £21,000 |
| Monthly at 95% borrowing | £778 |
| Monthly at 90% borrowing | £737 |
| Monthly at 85% borrowing | £696 |
| Income needed at the benchmark price | £31,000 |
| 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 Fraserburgh
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 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 deposit do I need to buy in Fraserburgh?
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 Fraserburgh?
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