I seem to have slipped into the jaws of the credit crunch. With empty commercial property, failing financial investments, diminishing website commissions and virtually non-existent interest on our savings we have gone from thinking we were in a position of relative security to one of real concern.

So since my last post in October I have been busy trying to get my main income streams back on coarse and whilst doing that I have neglected the fact that I have a Oak Frame coming in a couple of months!

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And it is a reasonable question, house prices are on the decline, mortgages are tougher to get and while rates are stable arrangement fees have got more expensive. Builders around the country are moth balling sites and in some cases selling of some of their land banks and laying off staff.

So my feeling is that labour rates will start to decline, all the trades have had a very good time of it over the last few years and now with the lack new builds starting competition will drive down rates.

As for the builders merchants and trade suppliers are just like most retailers at the moment and will be feeling the squeeze so there has got to be deals to be had.

So for those reason I think it’s a good time to build, apart from anything else it will be a great home for us.

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