Page 7 - Where do ESPC buyers come from report August 2024 1
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The Lothians







 As Edinburgh’s closest neighbour, Midlothian   West Lothian also enjoyed a high retention rate of
 unsurprisingly saw a great deal of properties sold   homeowners, with 43% of properties sold in this
 to buyers moving across the city boundary: 53% of   region since January 2019 bought by an existing West
 Midlothian homes for sale since January 2019 were sold   Lothian resident. Similarly to the other Lothian areas,
 to buyers moving across from Edinburgh, suggesting   West Lothian also saw a healthy volume of property
 homeowners moving to these neighbouring suburbs   purchases by Edinburgh buyers, with 18% of homes in
 for larger, more affordable properties in comparison   the area purchased by those relocating just outside
 to what the same price could purchase in the capital.  of  the city,  ostensibly  to  purchase  a  larger,  more
 affordable property compared to what would be
 Just 6% of Midlothian property purchases came from   achievable within Edinburgh’s boundaries.
 buyers already living in this region, suggesting that
                                                        53%
 Midlothian homeowners tend to stay in their homes   Overall, 66% of buyers within the Lothians stayed
                                                  of Midlothian homes
 for a longer period, or then relocate to outside of    within the same general out code, with 21% of these
                                                  for sale since January                     40%
 the region.  buyers choosing to purchase a home within the
                   43%                              2019 were sold to                  of properties bought
 same post district as their current property, e.g. EH21.   buyers moving across
              of properties sold in                                                     in this region were
 Ever-popular East Lothian boasted a much higher   There was much lower interest in these regions from   from Edinburgh.
              West Lothian since                                                         purchased by an
 retention rate of homeownership, with 40% of   international buyers, with 1.5% of Midlothian buyers
               January 2019 were                                                       existing East Lothian
 properties bought in the region purchased by an   being internationally based, and 0.6% of both East   resident.
             bought by an existing
 existing East Lothian resident. This area also boasted   and West Lothian.  West Lothian
 a high number of ‘local relocators’, with 20% of   resident
 properties here bought by Edinburgh-based buyers.

 6% of properties purchased in the area were bought
 by buyers from the rest of the UK outside of Scotland,
 suggesting a healthy interest in investment for this
 much-publicised region.
                                                           EAST LOTHIAN




 WEST LOTHIAN




 66% of buyers within the   MIDLOTHIAN
 Lothians stayed within the same
 general postcode, with 21% of
 these buyers choosing to purchase
 a home within the same post
 district as their current home.








 6  |  BUYER GEOGRAPHIC REPORT                                                             BUYER GEOGRAPHIC REPORT  |  7
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