With all the new red tape that the government has imposed on the financial regulatory bodies mortgages are taking an interminable amount of time to process and, sometimes, an offer can take eight weeks to procure.
This is causing no end of difficulties to purchasers. As the market ‘hots up’ sellers will simply not wait for an extended period and will inevitably gazump buyers with cash purchasers who can move faster ‘off the blocks’. Continue reading
If success is about confidence here’s a sound bite that will always serve you well:
If you think you can do something, you can…….. even if you can’t!
If you think you can’t do something, you can’t……..even if you can!
This could be more valuable than the formula for Coke!
Textbook thinking would have us believe that market sentiments have improved dramatically and sales are taking place ‘thick and fast’ but,in reality, this is not quite the case and let me explain why.
There is no question that in the run up to the Election buyers kept their moving intentions very quiet as they contemplated a ‘financial holocaust’ were the Labour Party to be elected. Sellers felt like the Captain of the Marie Celeste with no activity to speak of and all was ‘set fair’ for a moribund property market if not a full blown crash. The sales that did take place were at discounted prices where the sellers accepted the reality of the situation and the few buyers that abounded took a long view on the economic outlook even if the Socialist government were to be elected . Continue reading