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Home > Service AT Your Finger-Tips (Issue No.10)
Service AT Your Finger-Tips (Issue No.10)
Myfirsthomeltd. Newsletter
Editor’s Letter The Council of Mortgage Lenders (CML) recent mortgage approval figures provide no reason to be cheerful. Only 28,000 mortgages for home buyers in the UK were approved in May 2008 (a record low) and a 20 per cent decrease on April 2008 (another record), and down 56 per cent on May 2007 (yet another record). New build construction is down 60 per cent, the lowest since the war, and more builders are ‘downing tools’ on half built homes. Mortgages are increasingly becoming difficult to find and very expensive. The average two-year fixed rate mortgage has gone beyond 7 per cent interest rate, for the first time in ten years. It is becoming more evident that the housing market has now moved from a ‘credit crunch’ to a ‘credit squeeze.’ With fewer buyers coming forward and onto the ladder, the UK property market as entered a period of stagnancy that is very worrying. The figures and statistics do suggest that things aren’t generally looking good for the housing market presently The debate for many is whether demand from first-time buyers has dried up or whether the supply of mortgages has disappeared. What most economists do agree, is that would-be first-time buyers who were unable to afford a property when prices kept rising, have switched to being unwilling to buy one that is falling. MP Kenneth Clarke, the former Chancellor, when Mrs Thatcher was Prime Minister, said, “The housing market is in a big, big, big mess.” One thing that is becoming more clearer as each month passes by, is the magnitude of the ‘credit crunch‘ and the devastation that it is leaving behind on the lives of innocent individuals around the world. Like the ‘common cold’ it doesn’t seem like anyone as devised a permanent remedy for it. 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 Or
Stunning 2 Bed-Apartments At Parkside, Wandsworth (Posted: June 19, 2008)
Category: First Time Buyers
"Parkside is an attractive development with a lively mixture of 62 apartments, designed to create a welcoming and friendly sense of neighbourhood. Located in South-West London, with great convenience,..."
Daily Telegraph House And Garden Show 2008 (Posted: June 26, 2008)
Category: Exhibitions
"Venue: Olympia Exhibition Centre, Hammersmith Road, London, W14 8UX, England.Date: 26th June 2008 to 28th June 2008.One of the UK’s most prestigious shows for stylish living, the Daily..."
Don’t Let A Good Opportunity Fly By (Posted: June 26, 2008)
Category: Press Release
"Property in the UK is not overpriced by 40% as claimed by the International Monetary Fund (IMF), but there is no doubt that the boom times are over! The housing market has begun cooling down and..."
First Time Buyers (Posted: June 26, 2008)
Category: First Time Buyers
"First-TimeBuyers Looking Out For A New Home? Why not own your home on a part-buy, part-rent basis for about the same cost as renting? Perhaps an equity loan to buy on the..."
Get Noticed (Posted: June 26, 2008)
Category: General
"GETNOTICEDAdvertiseYOUR BusinessHERE Telephone – 0870 977 0173Email- info@myfirsthomeltd.com..."
Landlords, Don’t Lose A Penny In Rent!! (Posted: June 26, 2008)
Category: Lettings
"EVEN WHEN THE PROPERTY IS VACANT!!!! The Platinum Guaranteed Rental Income Scheme is just one of the products that distinguish Northwood Residential Lettings, a cut above the rest.When deciding..."
Landlords (Posted: June 26, 2008)
Category: Landlords
"LandlordsThere HasNever BeenA BetterTime To LetYour Property.The LettingsMarket IsBooming!!Let Us Help You In Finding Your Perfect Tenant. Email: info@myfirsthomeltd.comTel: 0870 977..."
Landlords, Have You Got Your EPC? (Posted: June 26, 2008)
Category: Landlords
"Nearly 40 per cent of the UK’s energy consumption arises from the way in which our 25 million buildings are lit, heated and used. Even comparatively minor changes in energy performance and the..."
The Newbury Home Building & Renovating 2008 Show (Posted: June 26, 2008)
Category: Exhibitions
"Date: Saturday 28th June 2008; 10.00am-17.00pm Date: Sunday 29th June 2008: 10.00am-16.30pm The homebuilding & renovating show was first established in 1992 and is the dedicated show for..."
First-Time Buyers Should Think Long Term (Posted: June 26, 2008)
Category: First Time Buyers
"In recent years, the rates on two, three and five year mortgage deals have tended to be about one percentage point lower than those on longer term products, making them the obvious choice for..."
Stately Home To Be Rebuilt In Derbyshire (Posted: June 26, 2008)
Category: General
"Property Developer Kevin Ellis wants to rebuild Burnaston House in Derbyshire and live in it as a family home. The mansion was dismantled 18 years ago to make way for a Toyota car plant at..."
Councils Plan To Reduce Overcrowding In Properties (Posted: June 26, 2008)
Category: Housing Associations
"Councils are making a fresh attempt to relieve overcrowding in their properties. Many of them will be changing their overcrowding criteria and reduce the number of cases in the coming months.Changes..."
ELPG In Innovative Drive To Help First-Time Buyers (Posted: June 26, 2008)
Category: First Time Buyers
"An innovative scheme to help first time buyers secure their dream home and help revitalise the housing market, is being pioneered by the ELPG group of influential property solicitors.The ELPG is made..."
Join Our First Time Buyer Community JOBS - Recommend a friend & get rewarded Buying Your Home – Free Mortgage Advice Looking for a Mortgage – Free Mortgage Advice Is your DATA safe? For a free 30-day trial (no credit card required) please visit: mfhltd.DATABU.com EXPRESS YOUR OPINION, VIEWS OR THOUGHTS ON ANY OF THE ARTICLES BY JOINING OUR READERS CORNER - PLEASE CLICK ON THIS LINK TO REGISTER NOW! First Home Is Now Within Your Finger-Tips 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:-
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
My First Home Limited respects your online time and privacy. If you would like to be removed from future mailings, you may unsubscribe by clicking the link below.
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