UK interest rates lowered to 0.5% – Best time for Buyers – Best time for Renters – Best time to Move House

Right now in the housing market, although there is a lot of fear out in the general public and things are still a bit slow, this is absolutely the BEST time to go looking for bargains in the housing market.

Going to Auction: How to sell your house in the Credit Crunch

The polished dining table was pushed up against the fireplace and the auctioneer took up his position with his gavel. The rest of the room filled with rows of chairs gathered from all over the house, on which sat nervous buyers – many willing to push their finances to the limit to get the property. As the minutes ticked away towards noon, the tension mounted, then, bong! The church clock next door struck 12 and the auctioneer rose.

Bank of England: No quick fix for mortgage misery

Wednesday, July 30, 2008 The Bank of England has released some sobering statistics about UK mortgage approvals. According to the BoE, mortgage approvals have dived by almost 70% in the past year. Just 36,000 new loans arranged for people moving home during June – that is 69% fewer than in the same month last year [...]

NAEA slams 'lethargic' Government

Following the publication of the US government’s housing rescue bill, The National Association of Estate Agents (NAEA), is calling on the government to heed the US government’s late activity on their housing market and to take preventative action. Peter Bolton King, Chief Executive of the NAEA, explained: “It is worrying to see that it has [...]

Credit Crunch hits Removal Companies

Britain’s Credit Crunch hits the Removal Industry harder and harder as we go deeper into 2008. Next week is the last week of July which should be one of the busiest weeks of the year for Removal Companies and yet there are still some removal companies who aren’t yet fully booked. There are only 6 [...]

Removal Companies fight Credit Crunch and Stagnant Housing Market

Jane Finch, Managing Director of Moving etc…, is guest speaker at a seminar for the Removal Industry, run by the National Guild of Removers and Storers. Hosted by Martin Rose of the National Guild of Removers and Storers, the seminar focuses on how Removal Companies can survive the slow housing market and what precautions they [...]

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