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My First Home Ltd. | Resources > Articles.
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First Time Buyer Home Ownership Exhibition
http://www.scribd.com/doc/2252759/First-Time-Buyer-Home-Ownership-Exhibition?ga_uploads=1

Brent council and its partners are holding an exhibition on Friday 14th March 2008, commencing at 1pm-7pm.

 

The venue is: - Advait Centre, Forty Avenue, Wembley, London, HA9 9PE.

 

Are you a first-time buyer, or on a low or moderate income?

 

This exhibition is open to anyone looking to buy a home of their own.

 

-         Learn about affordable new homes in Brent and other areas.

-         Get information on the New build Homebuy, Open Market Homebuy and other Homebuy schemes.

-         Find out how to apply with the Homebuy agent.

-         Enquire about properties with housing associations and make appointments to view properties.

-         Talk with independent financial advisors to understand the costs involve.

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Home Information Packs Delayed By Local Authority Searches
http://www.scribd.com/doc/2207656/Home-Information-Packs-Delayed-By-Local-Authority-Searches

Local authority searches are a crucial component of Home Information Packs (HIPs), which have become mandatory for all residential property  put up for sale from December 2007. Since their introduction, concern is now being expressed within the organisations whom responsibility it is, to retrieve searches from local authorities. Prior to its launch, the National Association of Estate Agents and others spoke out highlighting the practical issues that would result...................

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£16 Million Homes For Sale In London
http://www.scribd.com/doc/2224416/16-Million-Homes-For-Sale-In-London

An exclusive house in London is being put up for sale, after falling into the hands of administrators to Global Trader Europe (GTE). Smith & Williamson, administrator to GTE is understood to be involved in taking control of the subsidiary that owns this property. The administrators have declined to comment thus far...............

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TaylorWimpey Profits Fall
http://www.scribd.com/doc/2238594/Taylor-Wimpey-Profits-Fall

Britain’s largest homebuilder by volume and second ranked by market value, made a pre-tax loss of £19.5m last year. This was down from a profit of £405.6m the previous year. Excluding exceptional costs such as the US write-down, TaylorWimpey saw its pre-tax profit fall to £535.6m, compared with £776.5m last year. The London based company formed by the merger of Taylor Woodrow PLC and George Wimpey PLC in July 2006, said profits fell by 31 per cent as property markets in the UK, USA and Spain cooled.

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Persimmon Interim Results Are Flat
http://www.scribd.com/doc/2238596/Persimmon-Interim-Results-Are-Flat

Persimmon UK’s largest homebuilder increased pre-tax profits by one per cent to £585m, on a turnover of £3.02bn. Operating margin increased to 21.8 per cent as a result of cost reductions and £50 million in synergy savings following the integration of Westbury.

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Barratt End Year With Increased Profit
http://www.scribd.com/doc/2238595/Barratt-End-Year-With-Increased-Profit

Barratt, Britain’s third largest house builder struck an upbeat tone to the property market. Pre-tax profit increased 10.2 per cent to £194.6m for the last six months of 2007. During the year the group completed more than 17,000 homes and 145,000 sq ft of commercial property. Completions were 14.8 per cent less than in 2006. The average selling price was £178,000, an increase of 7.9 per cent, when compared to £165,000 last year.

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“We remain committed to providing affordable homes and have maintained our strong presence in the social housing sector, and will continue to support fist time buyers with our own shared equity product.”
Editor: Simon Weston myfirsthomeltd.co.uk
Email: simon.weston@myfirsthomeltd.com


Redrow Profits Drop
http://www.scribd.com/doc/2238597/Redrow-Profits-Drop

 

Redrow’s interim results for the half year to December 2007 reveal declining market conditions. Pre-tax profits fell 34 per cent to £35.8 million on a turnover of £353 million. The profit is down 9 per cent on the previous year.

Editor: Simon Weston myfirsthomeltd.co.uk
Email: simon.weston@myfirsthomeltd.com

 


First Time Buyers and Stamp Duty: Regional Differences
Rising property prices ? and taxation policy ? are continuing to create affordability problems for first-time buyers. Our data shows that the proportion of them paying stamp duty has risen significantly in the last year.....
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Affordability and First Time Buyers
Gordon Brown has already identified as one of his top priorities ?young couples finding it difficult to buy their first home.? Our research shows that this is a high priority for parents, too, with increasing numbers helping their children to become first-time buyers by providing them with a deposit.....
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First-time buyers struggle as more and more pay stamp duty, reveals CML
The proportion of first-time buyers paying stamp duty has leapt from 48% to 56% in the space of just a year, according to the Council of Mortgage Lenders' latest monthly statistics. And only 15% of home movers escaped the tax in August, compared with 21% a year earlier.....
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