CeMAP training courses across the country continue to fill up despite the recent worries over the housing market. The Halifax house price index shows house prices falling by almost another 2 per cent in July, matching June 2006 levels.
However, house prices are still a third higher than five years ago according to the bank. The average house price is now around £177,351.
This means that for those who may have been saving for some time to get a deposit towards a house have the chance to buy a house at a more affordable level. As mortgage lenders are now stricter in terms of criterion to approve a mortgage application, many are turning to mortgage advisors to ensure they get the best possible deal available to them.
In addition, there are still rumours that the government may look to temporarily defer the payment of stamp duty, which they hope will help revive the housing market somewhat.
As always, most people want to have a house of their own, it is just a question of timing when is right for them to buy or to move house. The mortgage advisor business is still thriving, judging by the number of companies still sending delegates to the CeMAP training courses.