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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