My First Home Ltd.

Editor’s Letter

In a week where the financial markets and banks around the world have experienced another roller coaster ride, it as become further apparent the true extent which the credit crunch is having. Many countries are now falling victim to its rippling devastating symptoms, weakening further housing markets.

President George W Bush has said that legislators will "rise to the occasion" and pass the Wall Street rescue plan. In a statement he said there were still disagreements because,

"The proposal is big and the reason it's big, is because it's a big problem"

Opponents of President Bush proposals want a government-backed insurance policy to cover the huge amounts of bad debt built up by US banks. Democrats meanwhile want to secure limits to payments for executives of failed banks and ensure there is adequate help for struggling US homeowners.

It is often said “When America sneezes, Britain catches a cold.” In other words, Britain is not financially immune to what happens in the United States.

People need to bear in mind; the credit crunch is like ‘a cold’ that requires treatment. If it is allowed to continue without treatment, the cold not only will persist, but it will also begin to have devastating consequences on other parts of your body.

Similarly, not everyone likes the taste of medicine but its effect is beneficial. Tough decisions by governments and business leaders are needed to counteract the impact of the credit crunch and eventually safeguard our financial institutions from collapse.

This intervention will prove to be a turning point, removing a huge amount of systemic risk from the global financial system. It is hoped, financial stability will return thus encouraging mortgage products to become more readily available. The years 2007 and 2008 will be remembered by many people living now and future generations to come. The history lesson will be entitled ‘What years and how did homes and banks became repossessed?’

Myfirsthomeltd team hope you will enjoy making your way through our 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

EXPRESS YOUR OPINION, VIEWS OR THOUGHTS ON ANY OF THE ARTICLES BY JOINING OUR READER’S CORNER – PLEASE CLICK ON THIS LINK TO REGISTER NOW!

Myfirsthomeltd.co.uk respects your online privacy. If you would like to be removed from future mailings, you may unsubscribe by clicking the link below. To unsubscribe from receiving further copies of this newsletter, click Onlink, alternatively you may email us at info@myfirsthomeltd.com expressing your instruction.

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:-

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

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.

Remember, My First Home Limited will NEVER send you an email requesting that you submit your username and password.

If you have any concerns about an email you received from My First Home Limited, please Contact Us

My First Home Limited 36 Windrush Court Chichester Wharf Erith Kent DA8 1BE Tel: 0870 977 0173 Fax 0870 977 0174 email: Service At Your Finger Tips

To read the My First Home Limited Privacy Commitment, go to LEGAL