Owning a home is a dream for many people. Unfortunately things aren't as easy as before and the recent recession has left lenders more particular about whom they lend too. The financial crisis has also changed the job market and many people have had to find new jobs because of redundancies. When people's personal circumstances change they may start to look for a way to cut costs. This could begin at home and many people look at their monthly outgoings and try to work out where they can be slashed. Because a mortgage is a long term financial deal people may consider re-assessing this financial agreement. This could lead to someone looking at remortgages the possible benefits that this type of change can bring.

People that have lost their jobs may decide that working for someone else is too risky. This could encourage someone to set up their own business. This type of endeavour isn't without its risks but if someone has a redundancy payout they may use it to set up their own company. Every business needs an office but renting office space is expensive. In the early days of a business someone will want to keep their costs down to a minimum which is why they might consider renting a virtual office. This type of office space can still receive calls and a virtual office may even have facilities so a business person can still conduct meetings in an affluent area of London such as Canary Wharf.