However, some industries have been relatively unaffected, and in some cases, actually appear to be benefiting from this downturn, and the Home Information Pack (HIP) industry is one of them.
Because the law specifies that a HIP must be ordered before a property can be marketed, HIP sales are linked to the number of properties placed on the market, rather than the number sold.
With rising numbers of repossessions and people putting their houses onto the market to help alleviate debts, HIP orders for this type of house sale have grown dramatically.
YourHIPSearch sales manager Andrew Orgill said: “It’s often said that more people make their millions in a recessive market than in a buoyant market. We think that the HIPs industry offers fantastic opportunities for potential entrepreneurs looking to start their own business during these difficult times.”
The company is looking to recruit 15 business operators across England and Wales at a special discounted entry rate.
“This, plus the guarantee of a first client contract, and free sales lead generation, operators will have a solid foundation on which to grow their business,” added Mr Orgill.

Information: 0845 602 9188 www.yourhipsearch.co.uk/business