On balance, I really enjoy my job but currently I am throwing my toys out of the pram daily. Every day, my head spins attempting to establish where the market is and every day all I get is a constant stream of emails from lenders telling me, if I am lucky, that I have until the close of business that day to get the application in before rates get withdrawn and then go up.
By my reckoning, you need to be at least 40 years old to have a clear memory of what happened during the last recession, so many people are perhaps in denial about how bad things could get in the housing market. Nothing embodies this better than the TV property programmes, which seem to live in a wonderland of ever rising prices. Many people are going to be shocked.
Edeus is to enter the arrears management market after re-engineering itself into an “asset management” service business for the UK mortgage market.
The Ministry of Justice has snubbed Lord Hunt’s call for claim-chasers to be forced to put wealth warnings on their advertising.
Have you considered how you would cope financially if a key employee in your business fell ill or died unexpectedly?
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