One effect of the credit crunch is greater deposits being requested by mortgage lenders, the up-front costs of buying a home.
First time buyers are finding it even harder to get a foothold on the housing ladder.
With the drop in the market due to less potential buyers houses for sale are staying on the market for longer and a Quick house sale is becoming harder to achieve.
I am very interested in your offer as long as you can offer me a quick house sale I was told today by a weary home owner. She had had her house on the market for 8 months and had just found out the possible buyer had pulled out.
She thought that she would be settled in her new home well before christmas, However just over a month after christmas she had not only moved but still had no buyer for her current house.
By now she had had more than enough of waiting and just wanted a quick house sale
She has accepted our offer as she was happy with the amount we could offer her and we could offer her the quick service she required.