Buyers across Edinburgh and the Lothians have been flocking to the ELPG’s new initiative – the Spring Sales - which has been offering would-be purchasers the chance to secure their dream home at a bargain price.
Under the initiative, many homes are being advertised by ELPG member firms at reduced prices. Prospective buyers are also able to compare the new values with the previous prices set for the properties last year.
The scheme was launched earlier this year and has already led to around £6.5m worth of property sales across the five ELPG member firms – with hundreds more prospective buyers arranging viewings of properties featured in the Spring Sales.
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And the ELPG, which consists of Warners, Neilsons, Drummond Miller, the Lints Partnership and Leslie Deans & Co, believes that the initiative is helping to breath new life into the Lothians property market.
The firms have recorded more than 40 property sales through the Spring Sales initiative, with a total value worth in excess of £6.5m.
John Lints, Senior Partner at the Lints Partnership, said: "There’s no doubt the property market needed something to kick start it back into life and I think this initiative has been very helpful in bringing some much-needed confidence back into bricks and mortar.
“So far, we have sold a quarter of our featured Spring Sales properties at the Lints Partnership, which have been worth a combined total of more than £1.1m. Every other firm in the ELPG is reporting similar figures, which is very pleasing."
The ELPG was set up in 2002 with the aim of strengthening the members’ position as the main players in the Edinburgh and Lothians property scene. The firms currently account for more than a quarter of all sales in the ESPC.
(GK/BMcC)
