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Manchester Emerges as Top First-Time Buyer Haven

2/26/2026

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Story summary
  • Manchester is the leading first-time buyer hotspot outside London, with 70.2% of purchases by first-time buyers in 2025, per Lloyds Bank.
  • The city offers affordable housing and regeneration projects.
  • The average price for first-time buyers in Manchester is £230,090, lower than the national average.
  • Zoopla reports a surge in UK home listings, indicating renewed market confidence.
  • Young buyers face high deposits and student loan burdens, making home ownership increasingly difficult.