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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