Thursday, June 26, 2008

No Money No Supermarket – Just a Cornershop

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 (522 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>