Friday, January 8, 2010

Starting New Year with new Home:

First of all let me wish you all a very happy new year!! May all your wishes come true and hope you have a successful year ahead filled with prosperity and happiness.

With the ushering of the New Year, many of us are thinking of moving home and I am sure its probability is not very less. There may be different reasons behind it - some may just need a change, some out of necessity or some may have got great offer or opportunity to purchase their first home.

If you are one of them, I must say this is the right time. The housing market is showing shaky recovery from the recession and is still low. Moreover, mortgage rates have declined this week after some gains earlier. Even the government has been kind enough to help people by providing a certain type of grant. This grant will help the first time buyers to pay for a proportion up to and including 30% of the property price. The idea behind it is to allow you to get a smaller mortgage and the loan amount free of interest for five years. Thus giving you an option of save money to pay it back. Just keep in mind that there are certain conditions for these loans to be accepted.

Let us forget about the bad patch that the first time home buyers had to face last year. Take full advantage of the government scheme and fulfill your dream of a new house. Hopefully more of us will have the option of getting new homes sussex in 2010.

No comments:

Post a Comment