Home > Service AT Your Finger-Tips (Issue No.27)
Service AT Your Finger-Tips (Issue No.27)
Myfirsthomeltd. Newsletter
Editor’s Letter The number of loans granted to first time buyers declined in August to 15,600, according to data released by the Council of Mortgage Lenders (CML), whose members provide 98 per cent of all UK mortgages. The number of loans granted, is the lowest since the CML began compiling the information back in 2000, with the first time buyer average approved loan at £106,754. According to property data company Hometrack, it is estimated that there are 1.6 million 20-39 year olds, who are renting because they cannot afford to get on the property ladder. Potential buyers are forced to stay in rented accommodation for longer than they had planned. Mortgage finance is still generally expensive and first time buyers are now spending 12 per cent more per week on mortgages, compared with a year ago. This coupled with increased deposit requirements, is resulting in further deterring prospective buyers. Consequently many first time buyers are ‘playing the waiting game’ in the hope that given time, they will once again be in a position to climb onto the property ladder when the housing market ‘bottoms-out.’ 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 Or 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.
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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.
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