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My brother has found another house that he likes.  He has looked all over, but the houses he has looked at have been in not the nicest areas.  Now the house he likes is just around the corner from me.  If he gets it, it will be a 2 minute walk from our house to his, which is much better than the 45 minute drive at the moment.

It will be nice to have them living so close, at the moment seeing them requires a lot of planning to fit around everyone’s work commitments.  The house they have been to seen looks hopeful as well, it needs a bit of doing up as it is very old fashioned, but it is no where as bad as the house I have just done up.  Every this is in good condition it is just as the advert for it put it’s “in need of modernisation”.  Also is has the advantage of a big back garden, perfect for the vegetable patch they want to start.

The problem they have come across so far is the lack of nice housing meaning that anything they do like is very competitive to buy.   I thought that there would be a lot of house for sale at the moment with the reports of all the repossession happening.  I know a lot of people avoid repossession by going with those companies that advertise to sell my property to stop repossession.  But once they have brought it from you they must have to sell it again, so surely they will have a large stock of houses to start selling.

With the latest news on mortgages I just hope they have their mortgage sorted out before the Financial Services Authority publishes its reforms which could make it more difficult to get a mortgage.  You have to wonder will any reforms work, the banks seem determined to mess everything up and go against every bit of advice given to them, I was shocked to read the royal bank of scotland is giving out stupidly large bonuses to its bankers.  They seemed to have forgotten that they messed up and the tax payer had to bail them out, what are they getting the bonuses for? Being incompetent?