08-08-2025
- Business
- Edinburgh Reporter
House builder releases starter homes designed for first time buyers
A new part of the development at Caskieberran in Glenrothes features starter homes for couples and young families.
The latest Scottish Housing Market Review has revealed that the number of mortgages advanced to first-time buyers in Scotland rose annually by 17.0% in 2024-25. Research among those looking for a home has revealed that Glenrothes in Fife is the most popular affordable town in the UK for those looking to buy a family home.
The data coincides with the launch of Allanwater Homes' development in Glenrothes. The recently released three-bedroom Cowal offers buyers a sustainable, EPC B rated home, with dual thermostatic heating with low running costs, alongside PV solar panels. Internally, the homes will have Porcelanosa tiling in the bathrooms and ensuite, and a fitted kitchen chosen from a wide range of colours and styles.
Lauren McNair, Development Sales Manager for Allanwater Homes, said: 'The latest market insights certainly demonstrate a positive turn in the market, with more first-time buyers accessing greater lending in the last twelve months than the previous year.
'Our Caskieberran development is situated in the heart of Fife, with our starter three-bedroom homes appealing to young professionals and families wanting to remain within commuting distance from Edinburgh. We are excited to launch our latest homes, which will bring much-needed new housing to the town.'
Available in a choice of end terraced, mid terraced and semi-detached versions, the Cowal villa offers a spacious lounge, fully integrated kitchen/dining room, and three bedrooms, including principal bedroom en-suite. Selected Cowal properties are available with allocated parking spaces, whilst others feature south west facing gardens. The Cowal is available from £230,706.
Allanwater Homes has facilitated a partnership with local Genrothes based Estate Agency, First for Homes Allan England team, who are handling initial enquiries and viewings for the Caskieberran development. They can be contacted on 01592 752944.
Caskieberran
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