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Difficult Market
20 August 2008
There is no doubt that the property market is struggling, what with the Credit Crunch and problems regarding mortgage availability and jobs. In fact there is little doubt that the rumours are exagerated and are self perpetuating, the uncertainty itself generating a lack of confidence. At Gilyard Scarth, we have found that under most circumstances, mortgages are not difficult to find and indeed mortgage rates are now lower than when the so called credit crunch began. Whilst the level of house sales is not what it was six months ago, there is clearly a busy and active sector of people searching for their next home.
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