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Home > Service AT Your Finger-Tips (Issue No.22)
Service AT Your Finger-Tips (Issue No.22)
Myfirsthomeltd. Newsletter
Editor’s Letter First-time buyers welcome the Government announcement of a £1 billion package of measures including eliminating a 1 percent tax paid by buyers of homes costing less than £175,000, or $312,000, and a program to give interest-free 30 percent down payment loans to first-time buyers with moderate incomes. British house prices have fallen about 10 percent in the past year, having more or less tripled in the decade before. The average British house now costs about 5.8 time’s average annual earnings, which is amongst the highest such ratios in the world. It is widely publicised that the freezing of the housing market is beginning to impact on the general UK economy, as lawyers, real estate agents, builders and others are affected and left with little to do. It is true that the property and finance sectors are seeing a rise in unemployment. The ‘wait and see’ policy adopted by the MPC and the side-line approach taken by the government to intercede in the mortgage and banking sector, will continue to add to the pain and further uncertainty. Their strategy, ‘to do very little’ (in an already unsettling fragile housing market) and allow house prices to fall back to a more sustainable level, sends a message to everyone else to batten down. Ride out the impact of the credit crunch the best you can. A survey from Fish4homes has revealed that Brits are still eager to get onto the property ladder despite the current economic climate, but are prepared to be patient rather than rushing in to pick up a bargain. Out of those surveyed 56% own a property in the UK, with 52% of those home owners having bought their first property between the age of 21 and 30 years. Of those who do not own a property in the UK right now, 25% said they were staying with family, and 66% renting, while the rest are in the process of buying. The majority hope to purchase their first home between the age of 31 and 40 years.
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Category: Estate Agents
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Category: Press Release
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Category: First Time Buyers
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HBOS In Talks With Lloyds TSB (Posted: September 17, 2008)
Category: News
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Category: First Time Buyers
" REGISTER NOW ! Tel - 08713670173 Check out our current list of properties or register now! ..."
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"GET NOTICED Advertise YOUR Business HERE Telephone – 0870 977 0173 Email- info@myfirsthomeltd.com ..."
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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 (please copy and paste onto address bar) EXPRESS YOUR OPINION, VIEWS OR THOUGHTS ON ANY OF THE ARTICLES BY JOINING OUR READERS CORNER - PLEASE CLICK ON THIS LINK TO REGISTER NOW! 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
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