Interesting Times

When reviewing the constant Brexit news coverage, it’s perhaps worth remembering Robert Kennedy’s speech in Cape Town in June 1966 when he said:

“There is a Chinese curse which says ‘May he live in interesting times.’ Like it or not we live in interesting times. They are times of danger and uncertainty; but they are also more open to the creative energy of men than any other time in history.”

We too are living in interesting times and, as Kennedy so rightly pointed out, interesting times bring not only uncertainty but opportunity.

Nugget of Opportunity

I was thinking about this when I was reading a recent issue of Mortgage Strategy. The story headlined “Number of house hunters lowest in seven years”, and reported that, according to figures from NAEA Property Mark, the average number of house hunters registered per estate agency branch dropped by 18% in February from 309 at the same time last year to 252 this year.

That’s perhaps not surprising at a time of uncertainty like this. But tucked a bit further down the story, the journalist, Leah Milner, reported an interesting nugget of opportunity for first time buyers. The figures also suggested that “first-time buyers are taking advantage of a less competitive market, as the proportion of sales to this group reached a seven-month high of 30 per cent.”

Be Prepared

That’s good news for the first time buyers who have clearly seen an opportunity and been nimble enough to take advantage of it. And I think it’s a lesson for all of us. Be prepared. We don’t know how things are going to shake out over the next weeks and months, but we can be prepared and ready for opportunities which may present themselves.

Castlight’s Affordability Passport is a good way of ensuring that you can move quickly on a mortgage or a loan if an opportunity crops up. It’s a 10 minute on-line process to  provide your lender with all the financial information he or she needs to process an application – no bank statements required. Whether you are a first time buyer or not the market is shifting in new and interesting ways and it has to be a good thing to be poised for action.

New Creative Energy

We are indeed living in interesting times, and yes they are uncertain. But I like Kennedy’s optimism that uncertainty also creates opportunity. And I believe that we too can use the “times” in which we find ourselves to be open to a new creative energy.

In fact, we have been burning enough creative energy recently to power a small factory with the result that Version 3 of the Affordability Passport is just around the corner, with hugely innovative new features and creative user experiences.

Exciting times indeed.