House prices are now showing signs of decline nationally which will undoubtedly not do anything to help the already low levels of confidence in the market. This will also add to the ‘wait and see’ approach among the millions of homeowners too afraid to make a move in the current environment, thus contributing to further stagnation in the market place.

The softening of house values will continue to hit the most vulnerable borrowers, those with little or no equity in their homes. As equity is eroded with falling values, these borrowers will find themselves paying more for their mortgages, or in the worst case scenario, find themselves with no borrowing solutions at all.

But with every cloud comes a silver lining for some and in this case, it is the first-time buyer who stands to gain. A recent survey by moneysupermarket.com, found 11 per cent of people who were planning to buy this year had subsequently decided against it due to affordability issues. Therefore falling house prices may encourage some individuals to re-enter the market, thus providing much needed activity.

Myfirsthomeltd team hope you will enjoy making your way through our new look newsletter as much as we do, thus contributing to making home hunting easier, enjoyable and rewarding.

We welcome any feedback from our readers and clients. Please send your thoughts to: info@myfirsthomeltd.com

For the first-time in several years a slow down of the Housing market, has resulted in house builders and developers having large numbers of homes waiting to be sold. To ease their slow moving stocks, they have begun offering buyers incentives and reduced selling prices considerably.

It has been well publicised, that many first-time buyers are struggling to get on the property ladder in the United Kingdom. With the commencement of the ‘home buying season,’ myfirsthomeltd.co.uk is launching ‘Service At Your Finger-Tips’ with the objective to further assist first-time prospective purchasers, onto the property ladder.

This service is designed to bring house hunters into direct contact with professionals within the industry.

We all lead such busy lives nowadays and it’s not surprising that we sometimes struggle to fit everything in. Home hunters finding their dream home is no exception. So whether you’re a first-time buyer too busy with work to look for your first home, an investor looking to expand your portfolio, or busy parents desperate for some more space, but struggling to find time to look between baby-sitting and raising your children.

First-time buyers registering with www.myfirsthomeltd.co.uk will have free access to our newsletters, magazines and information centre. Designed to make house hunting easier, enjoyable and rewarding, giving prospective purchasers:-

• Updates on market news and consumer trends.
• Alerts on forthcoming developments.
• Information on new homes and developments.
• Promotions and events…

Technology is transforming the way we search for our next home. Gone are the days when people’s property searches begin with the nose pressed against an estate agent’s

Window and hours spent browsing through publications and driving through neighbourhoods. For many first-time buyers, the starting point is instead the internet.

For a new experience visit: www.myfirsthomeltd.co.uk and register immediately via the following link: Service AT Your Finger-Tips

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