Page 32 - July 2023
P. 32

PROPERTY ADVICE


                                                                                                                                  The recent survey with
                                                                                                                                500 homebuyers recorded
                                                                                                                                  that roughly two in five
                                                                                                                                 buyers had been affected

                                                                                                                                by increases in living costs
                                                                                                                                 and/or mortgage rates.












       ESPC data shows that properties are staying   optimum buying areas for them. Whether you
       on the market slightly longer (with a median   are buying or selling, the right strategy is more
       time  to  under  offer  of  20  days)  and  selling   important than ever.
       prices are stabilising, with the average selling
       price of a property being very similar to last   There is often a degree of trepidation about
       year at £280,286.                    working with a solicitor, but this research from
                                            ESPC also showed that this was unwarranted.
       All of the above allows home buyers more   In fact, past buyers and those actively looking
       time to take consideration of all aspects of   to buy were asked how easy or difficult a range
       their move and ensure that the new property   of factors were in their experience of buying,
       they are securing is right for them. In addition,   and dealing with their solicitor claimed the top
       it ensures that there is greater choice on     spot as the easiest factor.
       the market.
                                            Paul Hilton, CEO of ESPC, said: “These results
       What is clear however, is that detailed expert   clearly show that buyers can really benefit from
       advice can make all the difference and this   expert advice, and ESPC and our solicitor estate
       is where ESPC solicitor estate agents can   agent  member  firms  are  here  to  help.  This
       really help.                         research proves that working with a solicitor
                                            estate agent when buying a home is easy. They
       Solicitor estate agents have intimate knowledge   will use their market knowledge and experience
       of the property market and will be able to work   to do the very best for their clients and ensure
       with homebuyers to identify locations and   that you get the best experience possible.
       property types that best suit their individual
       needs and budgets. Edinburgh, the Lothians,   “If you are thinking of buying or selling a home
       Fife and the Borders is made up of many micro   in Edinburgh, the Lothians, Fife or the Borders,
       property  markets  and  solicitor  estate  agents   get in touch with your local ESPC solicitor
       are ideally placed to help buyers identify the   estate agent today.”


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