Media Release: Experts predict property market will level out in 2009

HOUSE prices across Scotland are likely to level out in 2009 as falling interest rates and better mortgage deals create the ideal conditions for first-time buyers, according to a group of the country’s leading property solicitors.

The ELPG group – which is made up of Warners, Neilsons, Leslie Deans & Co, Drummond Miller and the Lints Partnership – believes that house prices will reach their lowest figure in the early months of 2009 before they level out – prompting buyers to quickly enter the market before prices start to recover.

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Contact: Holyrood Partnership
Phone: 0131 561 2244