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The Guardian - UK
The Guardian - UK
Business
Sandra Haurant

A life on hold

Stay together: the credit crunch has apparently delayed some divorces. Photograph: Mike Kemp/Getty Images

Has the current economic climate forced you to rethink any life decisions? The housing market is grinding to a halt, leaving anyone depending on the sale of a house to enable them to move on in the lurch.

If reports are to be believed, divorces and career breaks are both being put on the backburner as a result of the credit crunch. According to one law firm, separating couples are being forced to stay living together because the housing market slowdown is making it impossible for them to sell up.

And with mortgage providers tightening their lending criteria it is becoming increasingly difficult for partners to buy each other out of their properties.

Meanwhile, a story in the Times suggests mothers who had planned to stay home to look after their children are returning to work as the rising cost of raising a family begins to bite.

And a notice in the window of one estate agent is encouraging passers-by to let their properties instead of selling them, so enabling them to "move on" or even "emigrate".

Have you had to change your plans because of the credit crunch? Have you had to delay trading up to a bigger house or put off paying out for a big expense? Or have you had to return to work sooner than planned?

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