Despite
the credit crunch since September
2007, personally our business
has grown. All statistics indicate
our business has grown. We
owe much of this to our clients
because most of our business
comes from client referral and
one happy client refers another
and our client bank has been
growing.
We
would be lying if we said the
credit crunch did not affect
us. It certainly has
affected us and our clients.
Cases are being more difficult
to place, we are working a lot
harder on each case and if not
for the credit crunch we would
have done even better. Our clients
are not able to get what they
would have got prior to the
credit crunch and getting a
mortgage is turning out to be
more complex than the pre credit
crunch days. Both non availability
of funds in the money market
and fall in property prices
is affecting all clients.
Honestly, the credit
crunch has also been an opportunity
for us. There are more
clients needing advice and more
clients who used to sort out
the mortgage themselves think
professional help would be needed
to sort out their mortgage.
Our business which used to be
more in the difficult to place
variety has moved in the direction
of relatively easier to place
clients who are seeking advice
and professional expertise for
arranging the mortgage. THANKS
to our FEE FREE service model
clients get advice and professional
expertise at no cost.
Like every other citizen and
every other financial advisor
we are looking for this situation
to change. As of now we don’t
know if the credit crunch is
coming or going, but our business
model, the loyal & happy
client base and our
belief in hard work is keeping
us going.
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