Is now the right time to buy?

There may never be a better time to take advantage of low house prices as early signs emerge to indicate that the property market could be bottoming out.

With banks starting to release more funds into the residential housing market, and purchasers taking advantage of low interest rates, Places for People - one of the largest property management and development companies in the UK, has unveiled a new show home in Scotland in the new community at Echline Court in South Queensferry.

Echline Court is a small development of 38 homes which include a contemporary mix of colony, apartments, villas and town houses. The colonies concept is said to date back almost 160 years to Victorian Edinburgh. Places for People has updated the model to create modern homes, each with their own garden.

The new show-home demonstrates how the interior can be adapted for young families, first time buyers, professionals and people who work from home.

For potential purchasers who feel unsure as to whether to buy their dream home at the current time, Places for People are offering the chance to take advantage of the company's smart savings scheme which allows house-hunters to try before they buy.

This allows potential buyers to rent any of the homes available at Echline Court for up to two years without further commitment. If they then decide to buy, the full 100% of the first year's rental goes towards the deposit for the new home which means that the buyer will have had the benefit of a year's rent free living.

For more information, visit www.echlinecourt.co.uk

Information courtesy of Maggie Wright Associates Ltd. and Rettie & Co.

© PropertyIndex.com 2009 | Last Updated: 30th April 2009

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