UK interest rates lowered to 0.5% – Best time for Buyers – Best time for Renters – Best time to Move House

Right now in the housing market, although there is a lot of fear out in the general public and things are still a bit slow, this is absolutely the BEST time to go looking for bargains in the housing market.

Going to Auction: How to sell your house in the Credit Crunch

The polished dining table was pushed up against the fireplace and the auctioneer took up his position with his gavel. The rest of the room filled with rows of chairs gathered from all over the house, on which sat nervous buyers – many willing to push their finances to the limit to get the property. As the minutes ticked away towards noon, the tension mounted, then, bong! The church clock next door struck 12 and the auctioneer rose.