BBC News
Cable gives house price warning
BBC News, UK -
Nevertheless, the Council of Mortgage Lenders expects repossession levels to rise sharply to 75000 this year and for the number of people falling behind on ...
UK Housing Market Crash and Depression Forecast 2007 to 2012
Daily Mail
Expert opinion: Property prices to stabilise in 2009 if everybody ...
Daily Mail, UK -
My tip: buy at a London auction if looking for a repossession bargain in preference to a more local one. Prices are better as this is where lazier banks ...
Property Wire
Extra help for struggling property owners kicks in today in UK
Property Wire, UK -
Extra help for property owners with mortgages who lose their jobs comes into force in the UK today amid fears that 75000 homes could be repossessed this ...
stv.tv
New help for jobless homeowners
Finance Markets, UK -
by Gill Montia The Government is improving the help available for homeowners facing mortgage arrears, and ultimately repossession, because they have lost ...
Extra help for unemployed homeowners
Consumers bury their heads in the sand over debt
Mortgage Strategy, UK -
Gardner says that with warnings over rising repossession levels and banks reporting growing levels of bad debt consumers face an uphill struggle in managing ...
Merckle suicide gives crisis grim defining moment
Telegraph.co.uk, United Kingdom -
The UK mental health charity Rethink recently named home repossession as the factor people believe is most likely to trigger mental illness. ...
11th December 2008, Dartford County Court
Client had fallen into arrears of £11,000 due to job change. Judge adjourned the case for 3 weeks to allow time for money due to the client that will clear the arrears in full to be paid to him.
9th December 2008, Manchester County Court
Client had fallen into arrears of £7,000 due to his own takeaway business being affected by the credit crunch. Judge suspended the repossession with payments of £100 being made on top of the mortgage payment
26th November 2008, Oldham County Court
Client got into arrears amounting to £5000 due to a separation from her partner. The Judge was satisfied she was now able to afford the full amount on here own and so suspended the repossession with a £50 payment on top of contractual.
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