Thursday, Jun 26, 2008
No Money No Supermarket - Just a Cornershop
Guardian: Moneysupermarket.com adds to housing market gloom
Price comparison website Moneysupermarket.com added to gathering gloom in the housing market today, warning that the mortgages and loans market was deteriorating.
Although the company – which aims to help consumers choose the right services in areas such as finance and travel – said its first-half results would meet expectations, it painted a gloomy picture of the wider housing market.
In a trading statement today, it said trading conditions at its money division, which accounts for roughly half of its revenues, "remained extremely challenging, especially in loans and mortgages, which on a monthly basis continued to worsen throughout the second quarter".
Posted by stevie dee @ 10:54 PM (107 views) Add Comment
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