Edinburgh Solicitors Property Centre (ESPC) is a Scottish based property

Property

Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...

 marketing company with its headquarters in Edinburgh

Edinburgh

Edinburgh is the capital city of Scotland, the second largest city in Scotland, and the eighth most populous in the United Kingdom. The City of Edinburgh Council governs one of Scotland's 32 local government council areas. The council area includes urban Edinburgh and a rural area...

. The company lists properties from a network of around 200 Solicitor

Solicitor

Solicitors are lawyers who traditionally deal with any legal matter including conducting proceedings in courts. In the United Kingdom, a few Australian states and the Republic of Ireland, the legal profession is split between solicitors and barristers , and a lawyer will usually only hold one title...

 Estate Agents

Estate agent

An estate agent is a person or business that arranges the selling, renting or management of properties, and other buildings, in the United Kingdom and Ireland. An agent that specialises in renting is often called a letting or management agent...

 and markets them through its website, espc.com, a free weekly property newspaper and its showroom

Showroom

The word showroom has two distinct meanings including:-Marketing location:A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances, carpet or apparel. The World's most famous locations for a showroom are the Champs Elysees in Paris or the 5th Avenue...

s in Edinburgh and Dunfermline

Dunfermline

Dunfermline is a town and former Royal Burgh in Fife, Scotland, on high ground from the northern shore of the Firth of Forth. According to a 2008 estimate, Dunfermline has a population of 46,430, making it the second-biggest settlement in Fife. Part of the town's name comes from the Gaelic word...

.

History

ESPC was incorporated

Incorporation (business)

Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...

 on 24 March 1971.

ESPC covers Edinburgh, East Lothian

East Lothian

East Lothian is one of the 32 council areas of Scotland, and a lieutenancy Area. It borders the City of Edinburgh, Scottish Borders and Midlothian. Its administrative centre is Haddington, although its largest town is Musselburgh....

, Midlothian

Midlothian

Midlothian is one of the 32 council areas of Scotland, and a lieutenancy area. It borders the Scottish Borders, East Lothian and the City of Edinburgh council areas....

, West Lothian

West Lothian

West Lothian is one of the 32 unitary council areas in Scotland, and a Lieutenancy area. It borders the City of Edinburgh, Falkirk, North Lanarkshire, the Scottish Borders and South Lanarkshire....

, Fife

Fife

Fife is a council area and former county of Scotland. It is situated between the Firth of Tay and the Firth of Forth, with inland boundaries to Perth and Kinross and Clackmannanshire...

, Central

Central Region, Scotland

Central Region was a local government region of Scotland from 1975 to 1996. It is now divided into the council areas of Falkirk, Stirling, and Clackmannanshire, which had previously been districts within Central...

 and the Scottish Borders

Scottish Borders

The Scottish Borders is one of 32 local government council areas of Scotland. It is bordered by Dumfries and Galloway in the west, South Lanarkshire and West Lothian in the north west, City of Edinburgh, East Lothian, Midlothian to the north; and the non-metropolitan counties of Northumberland...

.

Following financial losses in 2007-2008 and 2008-2009, ESPC returned to profitability in the business year 2009-2010. The return to profit was achieved through a programme of cost reduction and focusing on core business of marketing property for sale in Edinburgh, Lothians and Fife.

Professional bodies

All ESPC Solicitor Estate Agent activities are regulated by the Law Society of Scotland

Law Society of Scotland

The Law Society of Scotland is the professional governing body for Scottish solicitors.It promotes excellence among solicitors through representation, support and regulation of its members. It also promotes the interests of the public in relation to the profession...

. Any business that wishes to use the services of ESPC must operate under the Law Society of Scotland's Master Policy for Professional Indemnity Insurance.

Market commentator

With the number of properties that are sold through the ESPC, it is frequently asked by the media

News media

The news media are those elements of the mass media that focus on delivering news to the general public or a target public.These include print media , broadcast news , and more recently the Internet .-Etymology:A medium is a carrier of something...

 to comment on how the residential property market and house prices

House prices

House prices fluctuate over time. For more detailed articles referring to specific economies:- Affordability of housing in the United Kingdom: House prices in the UK- Real estate pricing: House prices in the United States...

in Scotland are changing, for example:

Scottish Daily Record: April 2009
Scotsman: May 2009
Scotsman: September 2009
Scotland on Sunday: November 2009
BBC News: December 2009