First-Time Buyer Demand Rises 16% in UK Cities Led by Dundee

Recent data reveals a significant shift in first-time homebuyer demand toward cities in Great Britain, with overall inquiries rising by 16% over the last decade. Dundee has emerged as the leading hotspot, experiencing a 176% surge in demand, driven by its affordability, cultural amenities, and ongoing urban development, despite some limitations like nightlife and weather. Edinburgh and Doncaster also saw notable increases in first-time buyer interest, at 91% and 74% respectively. In contrast, coastal areas saw flat demand over the same period, suggesting limited appeal amid rising prices and connectivity challenges. London bucks the city trend, with a 7% decline in first-time buyer demand, likely influenced by high property prices. Experts note that while the pandemic prompted some to consider coastal or rural moves, the appeal of city living among first-time buyers has strengthened, although demand varies by city depending on housing availability and affordability.