House Hunting Suspended

I’ve posted a few times in the past few months about my adventures looking for a house or apartment.

At the moment I’ve had to suspend the hunt.

Why?

I’m currently waiting on the bank to get back to me about a mortgage. If I get mortgage approval then I can forge ahead, but without knowing what way the bank is going to respond I can’t do much more.

The events of recent weeks, with most of the world’s financial institutions coming close to bankruptcy and stock exchanges crashing etc. etc., does not help.

I suspect that any mortgage applications they receive at present are being scrutinised a lot more closely, which might explain why I’ve been waiting.

In the meantime all I can do is try building up my “nest egg”.

Of course if I won the lottery all these issues would vanish!