Mortgages · Falmouth

Mortgages in Falmouth. The typical home needs £27,457 down.

The average home in Falmouth (the Cornwall area) is £274,570 in the UK House Price Index for August 2026, down 2.9% on a year earlier. With a 10% deposit of £27,457, you would borrow £247,113.

Mortgages in Falmouth: a Homie illustration

£274,570average home, UK HPI
£27,45710% deposit
£54,914household income at 4.5× the loan
£0stamp duty for a first-time buyer

The short answer

Mortgages in Falmouth, in 30 seconds

The price: The average home in Falmouth is £274,570.
The deposit: 10% is £27,457. 5% deposit mortgages exist, but the rates are higher.
The income: Many lenders cap borrowing at around 4.5 times income, so a £247,113 loan needs roughly £54,914 a year, alone or jointly.
The advice: A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Falmouth house prices since 2016

From £202,236 to £274,570. Up 6.9% over five years.

Average price each year to August 2026, Cornwall.

FAQ

Mortgages in Falmouth: your questions

How much deposit do I need to buy in Falmouth?

At the average price of £274,570, a 10% deposit is £27,457 and 5% is £13,729. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Falmouth?

With 10% down on the average home, the loan is £247,113. At 4.5 times income that means around £54,914 a year. Each lender sets its own limits, so treat this as a starting point.

Have Falmouth house prices gone up?

Over five years the average home is up 6.9%, and over the last year it is down 2.9%.

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