Page 10 - Where do ESPC buyers come from report August 2024 1
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Fife
Homeowners in East Fife were more likely to buy Edinburgh relocators (11%) than East Fife. 5% of buyers
another home in the same region than move anywhere moved across from East Fife, suggesting that East Fife
else, with the data revealing that 46% of buyers during was the more sought-after of the two regions, despite
this period were existing residents of the region. West Fife & Kinross being cheaper overall and offering
a broader choice of properties on the market.
9% of properties in East Fife were bought by buyers
from the rest of the UK; this could be a mix of However, West Fife & Kinross received lower interest
investors looking to make the most of the popular from buyers in other parts of the UK compared to
seaside towns and villages the region covers, such the more famous areas of East Fife; as such, 5.5% of
as St Andrews, Anstruther and Crail, as well as those buyers purchasing a home in West Fife & Kinross were
looking for a holiday home in which to enjoy the from the rest of the UK outside of Scotland, compared
picturesque scenery and laidback lifestyle this part of to East Fife’s 9%.
the country offers.
Overall, 56.5% of buyers in Fife bought properties with
7% of buyers purchasing a home in East Fife were the same post out code, for example, KY, while just
moving across from West Fife, while 5% of buyers under 30% (29.7%) of buyers bought properties within
were moving to the area from Edinburgh. the same post district as their existing home, such as
KY1, generating results very similar to those seen in
West Fife & Kinross enjoyed a similarly high rate of the Borders. Similarly to the Borders and the Lothians,
homeowners choosing to remain in the area to its international interest in Fife was relatively low, with 1%
neighbour; 48% of buyers during this time already of buyers in East Fife coming from around the world,
lived in the region. and just 0.4% for West Fife & Kinross.
Much was said in the immediate aftermath of the
Covid-19 pandemic about Edinburgh residents
relocating to the more affordable, commuter-friendly
towns and cities of West Fife & Kinross, and the data 48%
shows this, with more than double the amount of of buyers in West Fife
& Kinross already lived
in the region.
9%
of properties in East Fife were
bought by buyers from the rest
56.5% of buyers of the UK; this could be a mix
in Fife bought properties with of investors looking to make
the same post out code, for the most of the popular seaside
towns and villages the region
example, KY covers, such as St Andrews,
Anstruther and Crail.
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