Posts filed under 'finance'

Beat the credit crunch

At the moment it seems the media is full of bad news about the effects of the credit crunch – especially on the housing market. And I should know as Mrs SelectExchange  and I are trying to sell a house at the moment and are waiting for our buyer to get a mortgage – been over 8 weeks since we accepted his offer. So time area little tough at present especially as we have moved into our new home early. 

What amazes me though is that his mortgage company, who shall remain nameless, have said that due to the volume of mortgage requests they have had that they have had delays -HOW???? I keep hearing everyday how houses are not selling and being left on the market – so who are all these applicants?? Me thinks someone somewhere is telling a few porkies.

Fortunately what we are doing at Select Exchange might just be launching at the right time …certainly it is a great way for people to saves £££s or $$$ on their hols – which given that just about everything else is going up can only be a good thing.  Certainly if things continue this way it might be a good way to keep cost down and still go on the one or two hols you have become used to. – well fingers crossed from me on that.

Add comment April 17, 2008


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